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Sameer Karulkar
Strategy & Corporate Development Professional
Sameer Karulkar
Sameer Karulkar is an experienced professional with over 24 years of entrepreneurial leadership experience across various domains, including Mergers and Acquisitions (M&A), Private Equity, Venture Capital, Investment Banking, Corporate Strategy, and New Business Growth.1
Currently, Sameer functions as a Strategic Advisor, Fractional CxO, and Venture Builder through Coverpage Ventures, where he advises companies and SMEs on joint ventures, divestments, M&A, and PE.1 He also works with select startup founders on business growth, go-to-market strategies, corporate client acquisition, fundraising, and strategic partnerships.1
Prior to his current role, Sameer was part of the leadership team and Investment Committee at Times Group, where he headed the Portfolio Growth and Exits team.1 In this role, he was involved in the full life-cycle of equity investments, from entry to managing the entire equity investments portfolio (approximately 400 investments) and originating and executing exits, both private and public markets.1 Under his leadership, the team realized over US$300 million in portfolio exits for the shareholders, while also investing in close to 90 new investments.1
Before joining Times Group, Sameer led and managed a global mid-market cross-border M&A alliance called Oaklins for India's largest Bank, SBI Capital Markets, across 24 countries.1 He also originated and executed deals for/with companies in multiple global markets, including the US, EU, MENA, and SEA.1 Additionally, Sameer played a key role in establishing and managing the SBI MF Joint Venture with Amundi.1
Sameer started his career with the Mahindra Group in the late 1990s in Strategic Sourcing and also served the Haribhakti Group for over 5 years in the corporate finance team, executing valuations, mergers, diligence, and financing projects for their clients.1
Highlights
Quiet Compounding by Morgan Housel
Nature is not in a hurry, yet everything is accomplished,” said Chinese philosopher Lao Tzu.
I often find myself with LPs, founders, family businesses and investors and have found this observation which Morgan Housel has penned it. People become so nervous about what other people think of their lifestyle and investing decisions that they end up doing two things: Performing for others, and copying a strategy that might work for someone else but isn’t right for you. (which only is found out later in time, and with scars to show)
He sums up Quiet compounding as
- An emphasis on internal vs. external benchmarks.
- An acceptance of how different people are, and a realization that what works for me might not work for you and vice versa.
- A focus on independence over social dunking.
- A focus on long-term endurance over short-term comparison.
While the article is written in context of investing, much of this has perspectives for all to share in their lives. And as I found myself sharing with a fellow Board member last week "dont get in the way of momentum and interfere with compounding"
You’re not in a hurry, yet everything is accomplished.
Coverpage Ventures Viral Trivedi Jayesh Pankaj Matani ↗️ 🇮🇳 Hetal Patel Chintan Oza https://lnkd.in/djcJQgSq
PE investors in IPO-bound cos have to forgo special rights
Interesting to see how this pans out
Sebi has been insisting on dropping all special rights at the time of filing the updated draft red herring prospectus with it. As the article says This means that investors will have no special rights much prior to listing, without the certainty of the listing happening.
And if the IPO does not happen, do the rights get reinstated. More so all rights or only rights to IPO gets reinstated. Sure this will get clarified soon.
While AI can help in drafting, documentation, this will need all heads on the deck to look at those agreements once again.
Pre IPO funds would certainly spring into action soon
Coverpage Ventures Hetal Patel Viral Trivedi Jayesh Pankaj Matani ↗️ 🇮🇳 #IPO #privateequity #exitstrategy
https://lnkd.in/dASBhq2r
