Gavesh Yerasani

AVP at Ascent | Private Equity & Venture Capital

📍 India🔄 Updated September 2026💼 7 investments📅 7 years investing🗓 Last invested Jul 2021
VC🌍 India
7
Total investments
1
Early stage
1
Mid stage
0
Late stage
7y
Years active

Portfolio

6 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Investor
Apr 2021
BUSINESSNEXT is a universe of composable enterprise solutions with a focus on banks and financial services globally. Recognized as a Leader by leading industry analysts, it leverages technology, innovation, and experience to relentlessly deliver incredible, unique, and human experiences, acing the volatile and complex business environment. BUSINESSNEXT platforms namely CRMNEXT, CUSTOMERNEXT & DATANEXT are AI and ML-driven cloud-agnostic platforms dedicated to enabling digital transformations. It comprises an enriched portfolio of hyper SaaS modular solutions that are responsive, can readily plug & play, and have superlative integration capabilities with the eco-system. BUSINESSNEXT today powers 1 million+ users across 65,000 branches and call centers, managing 1 billion end customers worldwide. BUSINESSNEXT has its USA headquarter in Raleigh, North Carolina and its international headquarter in Noida, India. It has a footprint across 5 continents and direct offices in 14 countries across the U.S.A, MEA, and APAC.
Investor
Mar 2021
The Good Glamm Group is South Asia’s largest Content-Creator-Commerce conglomerate that brings together the Group’s innovative and fast-growing beauty and personal care brands, powered by the Group’s proprietary digital ecosystem of content and creator assets. Good Glamm Group has four key divisions: - Good Brands Co is South Asia’s largest portfolio of DTC beauty and personal care brands: MyGlamm, St Botanica, The Moms Co, Organic Harvest, Sirona and BabyChakra. - Good Media Co is one of the world’s largest digital media companies comprising POPxo, ScoopWhoop, MissMalini, Tweak and BabyChakra. It has a large digital audience comprising 200mil Monthly Active Users and generates over 4 Billion impressions a month. - Good Creator Co is one of the world’s largest influencer platforms tracking 1.5 million influencers. Miss Malini and Vidooly (which is one of the world’s leading content and influencer analytics platforms) function as independent platforms within the Good Creator Co. - Good Community is one of the largest deep interest on-ground and online communities around positive parenting, inclusive beauty & sexuality, holistic living. The Good Glamm Group has a team of over 3,500 spread across India, Dubai and Singapore. The ‘Good’ in the Good Glamm Group underscores the Group’s commitment to inclusive beauty and cruelty-free, vegan, environment-friendly, clean beauty products and focuses on creating experiences for consumers that truly enhance their lives through positive content and creator inspirations. Equity Investors in the Good Glamm Group include Warburg Pincus, Prosus (Naspers), Bessemer Venture Partners, Accel, L’Occitane, Amazon, Ascent Capital, Mankekar Family Office and Trifecta Capital. In November 2021, the Good Glamm Group became South Asia’s first DTC Beauty Brand Unicorn.
Investor
Aug 2020
Starting our journey in 2011, today, bigbasket - a Tata Enterprise is India’s largest online supermarket with over 13 million customers and a presence in 60+ cities & towns. With our presence spanning the entire spectrum of consumer needs, we operate through a range of business lines - bigbasket, bbnow, bbinstant, bbdaily, fresho, bbmandi, and bbsaathi. We offer convenience by making grocery shopping easy for customers while enhancing their experience. With more than 47,000 employees, we are a proud & growing bigbasket family. With our businesses scaling, we are keen on working with the best talent in the industry. Every bigbasketeer embodies the ‘Spirit of bb’ that defines our work ethos. We believe in nurturing a people-first environment where the health and well-being of our employees are always prioritised. Fostering bigbasket’s value system, we encourage humility, transparency, integrity, and respect amongst each other to create an elevated work culture. At bigbasket, we empower every bigbasketeer with responsibility and ownership in everything they do. Being a customer-centric organisation, we operate with a maniacal focus on customers ensuring we always deliver our best. bigbasket has been proudly certified as a Great Place to Work, and Great Place to Work for Women. Our business model is designed to create opportunities for our country’s gig economy. We have achieved the highest ranking in the Fairwork India Ratings for Gig Workers. Through our DEI initiative – Aarambh, we foster Diversity, Equity, & Inclusion driving a workplace where everybody feels welcomed. Alongside this, we take conscious and proactive measures towards curtailing our impact on the environment. Our electric vehicles delivery fleet and solar panel equipped warehouses help us minimize carbon emissions. By promoting organic farming, we encourage fresh farm produce contributing to good land and soil health. #JoinTheSquad and be a part of our growth story!
Investor
Jul 2020
Freshtohome.com, India’s most trusted online fresh fish and meat store. Founded in 2015 by Shan Kadavil and Matthew Joseph with the sole purpose of making fresh meat and fish available to everyone. Freshtohome’s success is driven by a commitment to their brand promise- 100% Fresh, 0% Chemicals.
Investor
Apr 2020
#BeBetterEveryday bit.ly/downloadcultapp
Investor
Oct 2019
The National Stock Exchange of India Limited, India’s largest stock exchange & world’s largest derivatives exchange. Follow us for updates on exchange traded products, insight on capital markets, Indian economy and investor education. Disclaimer - https://bit.ly/3xgvlFQ
Experience · 10 entries
All (10)
Investments (7)
2021
Assistant Vice President
Sep 2021
Ascent Capital is one of the Indias leading Private Equity firms. Since our inception in 2008 we have helped over 100 entrepreneurs fulfill their dreams. We currently manage over US$ 1 billion across four funds. Our marquee investors, who include long term institutional investors such as pension funds, foundations, endowments, family offices, fund-of funds and large corporations have backed us across economic cycles – a vote of confidence in our ability to excel and deliver results. The result of 20 years of experiential learning and deep introspection on the best path towards building scalable businesses in India, Ascent’s ‘What Works in India’ blueprint is designed to help build successful businesses of lasting value. We follow an entrepreneur-centric investment approach where we view ourselves as ancillary beneficiaries of our entrepreneurs’ success. We actively seek out promising Indian companies driven by visionary leadership and place complete confidence in our entrepreneurs’ ability to build and manage their companies. We play a complementary and enabling role to our entrepreneurs, assisting them wherever necessary with the collective might of our entire team.
Investor
Jul 2021
Radiant Cash Management Services (RCMS), a subsidiary of the Radiant Group, was founded in June 2005 by Col. David Devasahayam. The business of moving large amounts of cash has changed drastically with evolving times and technology. There has been a definite increase in the risk factor, but at the same time, the innovation in security based technology has also increased, thereby levelling the ground. Serving as a connecting point between the banks and their trusted clients, we have streamlined the cash management process and developed specific services based on the needs of our clients. The unique point of our service is embedded in our very roots. Stemming from a bond in the armed services, RCMS is run in large part by high ranking retired personnel from the armed and security forces. Hence, a high level of discipline, orderliness and trustworthiness runs through the company.
Investor
Apr 2021
BUSINESSNEXT is a universe of composable enterprise solutions with a focus on banks and financial services globally. Recognized as a Leader by leading industry analysts, it leverages technology, innovation, and experience to relentlessly deliver incredible, unique, and human experiences, acing the volatile and complex business environment. BUSINESSNEXT platforms namely CRMNEXT, CUSTOMERNEXT & DATANEXT are AI and ML-driven cloud-agnostic platforms dedicated to enabling digital transformations. It comprises an enriched portfolio of hyper SaaS modular solutions that are responsive, can readily plug & play, and have superlative integration capabilities with the eco-system. BUSINESSNEXT today powers 1 million+ users across 65,000 branches and call centers, managing 1 billion end customers worldwide. BUSINESSNEXT has its USA headquarter in Raleigh, North Carolina and its international headquarter in Noida, India. It has a footprint across 5 continents and direct offices in 14 countries across the U.S.A, MEA, and APAC.
Investor
Mar 2021
The Good Glamm Group is South Asia’s largest Content-Creator-Commerce conglomerate that brings together the Group’s innovative and fast-growing beauty and personal care brands, powered by the Group’s proprietary digital ecosystem of content and creator assets. Good Glamm Group has four key divisions: - Good Brands Co is South Asia’s largest portfolio of DTC beauty and personal care brands: MyGlamm, St Botanica, The Moms Co, Organic Harvest, Sirona and BabyChakra. - Good Media Co is one of the world’s largest digital media companies comprising POPxo, ScoopWhoop, MissMalini, Tweak and BabyChakra. It has a large digital audience comprising 200mil Monthly Active Users and generates over 4 Billion impressions a month. - Good Creator Co is one of the world’s largest influencer platforms tracking 1.5 million influencers. Miss Malini and Vidooly (which is one of the world’s leading content and influencer analytics platforms) function as independent platforms within the Good Creator Co. - Good Community is one of the largest deep interest on-ground and online communities around positive parenting, inclusive beauty & sexuality, holistic living. The Good Glamm Group has a team of over 3,500 spread across India, Dubai and Singapore. The ‘Good’ in the Good Glamm Group underscores the Group’s commitment to inclusive beauty and cruelty-free, vegan, environment-friendly, clean beauty products and focuses on creating experiences for consumers that truly enhance their lives through positive content and creator inspirations. Equity Investors in the Good Glamm Group include Warburg Pincus, Prosus (Naspers), Bessemer Venture Partners, Accel, L’Occitane, Amazon, Ascent Capital, Mankekar Family Office and Trifecta Capital. In November 2021, the Good Glamm Group became South Asia’s first DTC Beauty Brand Unicorn.
2020
Investor
Aug 2020
Starting our journey in 2011, today, bigbasket - a Tata Enterprise is India’s largest online supermarket with over 13 million customers and a presence in 60+ cities & towns. With our presence spanning the entire spectrum of consumer needs, we operate through a range of business lines - bigbasket, bbnow, bbinstant, bbdaily, fresho, bbmandi, and bbsaathi. We offer convenience by making grocery shopping easy for customers while enhancing their experience. With more than 47,000 employees, we are a proud & growing bigbasket family. With our businesses scaling, we are keen on working with the best talent in the industry. Every bigbasketeer embodies the ‘Spirit of bb’ that defines our work ethos. We believe in nurturing a people-first environment where the health and well-being of our employees are always prioritised. Fostering bigbasket’s value system, we encourage humility, transparency, integrity, and respect amongst each other to create an elevated work culture. At bigbasket, we empower every bigbasketeer with responsibility and ownership in everything they do. Being a customer-centric organisation, we operate with a maniacal focus on customers ensuring we always deliver our best. bigbasket has been proudly certified as a Great Place to Work, and Great Place to Work for Women. Our business model is designed to create opportunities for our country’s gig economy. We have achieved the highest ranking in the Fairwork India Ratings for Gig Workers. Through our DEI initiative – Aarambh, we foster Diversity, Equity, & Inclusion driving a workplace where everybody feels welcomed. Alongside this, we take conscious and proactive measures towards curtailing our impact on the environment. Our electric vehicles delivery fleet and solar panel equipped warehouses help us minimize carbon emissions. By promoting organic farming, we encourage fresh farm produce contributing to good land and soil health. #JoinTheSquad and be a part of our growth story!
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Investment activity
2019–2021 · 7 investments
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