Raghav Kanoria joins Anchor Markets as Venture Partner

Raghav Kanoria has today joined Anchor Markets as a Venture Partner, focused on expanding the company’s Industrial Innovation Partners platform in India.

An entrepreneur and investor himself, Raghav has been a driver of the startup ecosystem in East India. He ideated and co-founded India’s third largest angel network (Calcutta Angels) and is also co-founder of Neoleap, East India’s first private startup accelerator.

During his career, Raghav has been part of several pioneering strategic and financing initiatives – he was part of the management team of Brand Capital, an initiative of the Times of India Group, which grew to become a USD 1bn program; he has also been a key member of the strategy and alliance team for the setup of a USD 200mn greenfield real estate fund for Ambuja Realty and a USD 250mn infrastructure fund for SREI Group. Till recently, he was a member of the Innovation Task Force of the Confederation of Indian Industry (CII).

“We are excited to have Raghav join the Anchor Markets ecosystem to drive our activities in India. He brings a unique mix of experience with startups and industrial conglomerates necessary to strengthen investor engagement and support development of our portfolio companies,” said Dweep Chanana, Managing Partner.

Raghav is a regular speaker at conferences worldwide on a range of emerging topics, and is deeply engaged with educational institutes and Chambers of Commerce in East India.

Meet us at the Greece – India Business Forum: June 19

Join us and meet our Managing Partner, Andriana Oikonomopoulou, at the upcoming Greece – India Business Forum on 19 June 2018 in Athens.

The forum, held to commemorate the visit of the President of India to Greece, brings together leading policy and business leaders to encourage greater business collaboration between the two countries. Anchor, an established cross-border market expansion specialist, has continued to support companies seek new business opportunities across Europe and India. Already active in Switzerland, Germany, and the UK, the firm is expanding its footprint into Southern Europe and Greece.

Meet us at the Horasis India Meeting: June 24-25

Come meet our Managing Partner, Dweep Chanana, at the Horasis India Meeting in Malaga, Spain from June 24-25, where he shall be speaking on “Envisioning and Building Smart Cities”.

Held annually for 10 years, the event brings together over 300 senior executives, investors and policy makers to inspire India’s future and has become one of the foremost annual meeting of Indian business leaders and their global counterparts. The theme this year is particularly relevant to Anchor’s work – the 2018 Horasis India Meeting will explore Indian firms’ rise to global eminence, debate how to grow India’s economy rapidly and sustainably, and examine how to use Europe as a springboard for globalization.

Steel Eye recognized as one of the top 20 most influential firms in FinTech for 2018.

SteelEye, an Anchor Group partner company and a disruptive financial technology firm based in London, UK, has been named one of the top-20 most influential FinTech firms for 2018. The company provides a scalable and affordable solution to meet onerous compliance requirements, establishing the foundations for delivering advanced client analytics that helps its clients compete more effectively in a crowded financial intermediary market.

The company was selected by a panel of independent judges from out of over 2,000 firms globally, placing it in the company of such firms as TransferWise. Speaking to Financial Technologist magazine, Matt Smith, CEO of SteelEye said:

Our mission is to empower clients to leverage the opportunities presented by their data – safe in the knowledge that it is both completely secure and compliant with the latest regulation. SteelEye is scalable and helps to simplify compliance with the second Markets in Financial Instruments Directive (MiFID II), the General Data Protection Regulation (GDPR), DoddFrank and many more.

The full list is available here.

The future energy landscape – implications for M&A and investing

Rapid advances in technology are accelerating change in the staid utility sector. To survive, utilities – and companies that operate within the energy and power value chain – must change their business models and capabilities. To a large extent, this is already happening – with substantial M&A focused on renewables and on new technologies such as blockchain, analytics, and energy storage.

This article takes a closer look at the transformation of the energy sector and its implications for those investing into or building businesses in this space.

SteelEye partners with the Anchor Group to bring its MIFiD II solution to the Swiss market

SteelEye, the compliance technology and data analytics firm, today announced that it has partnered with specialist Swiss financial firm, Anchor Group, to bring its MIFiD II cloud-based solution to the Swiss market. The new partnership will see SteelEye establish a presence in Switzerland in order to help Swiss firms meet their regulatory obligations under MiFID II and other key regulatory directives. It marks the first step in SteelEye’s international expansion, with further EU offices planned.

Anchor Group is one of Switzerland’s leading independent and regulated investment firms supporting mid-market banks, family offices and wealth managers across the country. With offices in Zurich and Geneva, the company serves over 3000 financial institutions in the country.

SteelEye and Anchor Group’s combined expertise and resources will provide Swiss firms with a comprehensive, market-leading, technology-based solution to meet the increasing regulatory demands they face under MiFID II and other regulatory and reporting obligations. The record-keeping and reporting burdens imposed on firms by regulations such as Dodd Frank, EMIR, AIMFD, and the upcoming MiFIR and MiFID II, translate into unprecedented requirements for data storage and transaction reporting with significant risk of sanctions and reputational damage for non-compliance. SteelEye helps firms to solve their regulatory challenges, while reducing cost and complexity. The SteelEye solution brings added benefits by allowing firms to harvest insight from their consolidated data.

Matt Smith, CEO at SteelEye, commented: “Many Swiss firms are still unaware of the impact MiFID II will have on their business, and have thus not made any contingency plans ahead of the impending deadline. This partnership will enable us to work with firms in Anchor’s network to help meet their regulatory challenges, whilst enabling them to gain valuable insights from their own commercial and communications data.”

Trivan Mathur, Managing Partner at Anchor Group, commented: “The Anchor Group is pleased to invest in and partner with SteelEye, a young UK-based firm, for their expansion into Switzerland. SteelEye is a RegTech and data analytics specialist delivering customer insights while redefining how financial institutions meet stringent MiFID II compliance requirements at disruptive prices. Started by an experienced team of executives from Bloomberg and other financial institutions, SteelEye has raised over GBP 2.5mn in capital and is servicing key financial centres in the UK, Germany, and Switzerland.

G-volution and KatOil partner with Anchor Markets for Indian expansion

G-volution, a leading provider of low-carbon, multi-fuel engine technology and KatOil, an international LNG supplier, have partnered with Anchor Markets, a Swiss-based cross-border investment and advisory firm, to support the company’s expansion into India. Anchor Markets shall help G-volution explore and conclude partnerships with leading OEMs and suppliers seeking clean-fuel technologies in the automotive, rail, and genset sectors in India.

G-volution has developed a suite of patented technologies that allow a diesel engine to co-combust with natural gas and other alternative fuels. The company also provides the only technology that can deliver Euro VI/Bharat VI emissions standards in dual fuel engines. The company’s award-winning technology is already well established in the UK, USA and Africa and has been deployed on commercial vehicles from Mercedes, Volvo, and MAN, and rail engines from Cummins and CAT.

Anchor will work together with G-Volution and Katoil, a US and UK-based LNG (Liquified Natural Gas) and LPG investment and trading business. Katoil has an extensive global network for trading and distribution to automotive, rail, marine and genset sectors.

Chris Smith, CEO of G-volution, stated: ‘We see considerable opportunity in helping India transition to a low-carbon future, at a cost that does not disrupt current economics. We are delighted to partner with the Anchor Group, to explore opportunities and identify partners for our expansion.”

Swapan Kataria, CEO of Katoil, said “we at Katoil are very excited to be able to promote and grow an innovative technology that will allow the transport and power generation industries across India and beyond to substantially reduce their diesel consumption, lower their operating costs, AND improve air quality all at the same time”

Trivan Mathur, Managing Partner of the Anchor Group, said “We are delighted to be supporting G-volution, whose proven technology and cost advantages are an excellent complement to the needs of India’s growing industrial energy needs. We look forward to bring this innovative technology to enable Indian manufacturers to meet stringent Bharat VI norms.”

Anchor Markets successfully exits Mera Gao Power

Anchor Markets is pleased to announce that it has exited its investment in Mera Gao Power (MGP), a leading provider of rural microgrid lighting services in Uttar Pradesh, India. The investment, structured as a fixed interest rate debt in 2013, was repaid in full to the syndicate of lenders.

MGP was part of Anchor Markets’ impact investment portfolio strategy. The company operates solar microgrids in Uttar Pradesh, one of India’s poorest states, providing rural villages with lighting and basic mobile power charging services. The company enables better education for children, greater security, and increased quality of life and activities in participating villages and households.

Anchor Group expands in India

The Anchor Group is pleased to announce an expanded presence in India, with the establishment of a partnership with V.V. Stratfin Private Limited. The expanded presence responds to increasing demand for investment, innovation, and market expansion across Europe and India. VVS shall provide the Anchor Group with an additional office in Delhi, in addition to our back-office presence in Mumbai.

“We are pleased to expand our footprint in India and to work with the entrepreneurial team at VV Stratfin to serve the growing needs of sophisticated Indian and European investors and company owners alike” said Trivan Mathur, Managing Partner of the Anchor Group.

VV Stratfin is a strategic investment and cross-border transaction advisory firm servicing family office and institutional investors in India, and is led by Gaurav Gulia, an experienced Chartered Accountant with over 15 years of cross-border advisory expertise.