If you are a founder of a young company in a capital-intensive frontier sector that is opening up in India - we want to hear from you.
We help grow promising young companies being built in India's most exciting new sectors — pairing founders with the capital, partners and strategy to move up a growth orbit. Based in Mumbai, we work alongside a small number of companies at a time, over the long term.
Our name, dhaga — a thread — is how we think about the work: connecting founders to investors, to partners across borders, and to the moves that compound.
India's national priority is building a world-class manufacturing sector. We are deeply aligned with that vision. India is opening up exciting new industrial frontiers — and we exist to help the boldest builders make the most of this moment, in the sectors that will define India's next era of economic strength. We understand the financing demands of building in hard sectors — and we know how to structure the right solutions.
BESPOKE ADVISORY
Equity, debt, and hybrid capital structures tailored to the unique funding needs of capital-intensive businesses in frontier sectors.
ENQUIREFacilitating strategic alliances, joint ventures and acquisitions that accelerate growth and unlock new markets for ambitious Indian manufacturers.
ENQUIREHands-on strategic advisory to help you scale — from structuring your business to navigating growth-stage challenges.
ENQUIREWe are drawn to companies doing something genuinely difficult — building in hard sectors where capital intensity, regulatory complexity, and technology demands create real barriers to entry - and real competitive moats for those who get it right.
New-era companies anchored in a conviction that India can and must build world-class manufacturing capabilities at home.
Early-stage, mid-sized companies with proven momentum and the ambition to scale rapidly within their core and adjacent sectors.
Businesses operating in sectors that are just opening up in India — where first-mover advantage and the right capital can be transformative.
Manufacturing and industrial businesses that form the backbone of a self-reliant Indian economy and contribute to national strategic priorities.
We concentrate our efforts on sectors that are strategically critical to India's industrial future — areas where capital, expertise, and network can create disproportionate impact.
Policy tailwinds, global supply-chain realignment, and surging domestic demand are converging to create a once-in-a-generation opportunity for Indian manufacturers. Founders who act with speed and strategic clarity today will define the industrial landscape of tomorrow. DHAGA exists to help them do exactly that.
DHAGA is led by Senior Partners, each bringing distinct but complementary finance expertise — united by a shared belief in India's manufacturing potential.
Deep experience across investment banking, corporate banking, securities research, treasury management, and structured finance — giving us a comprehensive view of how capital actually flows.
Our partners have managed prominent Family Offices and worked within Hedge Funds, Rating Agencies, large Global Banks, ARCs, and Venture Capital firms – giving us access to global institutional networks.
Critically, all Partners have built businesses themselves. We understand the founder's journey — not from the outside, but from direct, personal experience.
When a Founder faces a financing decision, a partnership negotiation, or a strategic pivot, the quality of counsel they receive depends entirely on the depth and diversity of experience behind it.
Capital
Strategy
Partnerships
Growth
Long-term Value
We bring together perspectives from across the financial ecosystem — banking, markets, credit, private capital, and corporate strategy — combined with the lived experience of building businesses.
Founders benefit from a partner who can connect the dots between capital structure, strategic partnerships, and operational growth — and who has the network to open doors that matter at every stage of the journey.
SENIOR PARTNERS
Each with distinct, complementary finance backgrounds
CORE SERVICES
Capital, partnerships, and growth advisory
FRONTIER SECTORS
Where we concentrate our focus and expertise
If you are a founder building in a frontier sector in India, we would like to speak with you. Whether you are raising capital, exploring partnerships, or planning your next phase of growth — DHAGA is the partner that speaks your language.
If you're exploring capital, partnerships, or strategic growth, we'd love to understand how we can help.