elara capital: Elara Capital India appoints Manoj Kohli as non-executive chairman of board

Elara Capital India has appointed Manoj Kohli, former country head of Softbank India, as non-executive chairman of its board, said a company statement on Thursday.“Elara Capital will extensively benefit from Manoj’s extensive business and leadership skills to help strengthen our business focus. His guidance will be invaluable to us to further strengthen our client offerings and achieve our growth plans,” said Raj Bhatt, chairman, Elara Capital.Kohli has held leadership positions, including as managing director of Bharti Airtel.

As the country head of Softbank India, he was instrumental in expanding the company’s presence in India’s digital startup market.

According to the company website, Elara Capital was established primarily as a capital markets business, raising funds for Indian corporates through global depository receipts (GDRs), foreign currency convertible bonds and London’s alternative investment market.

“Since its first GDR issue in 2003, Elara has raised funds for several Indian corporates. Since then, the group has diversified further into corporate advisory, asset management, broking, mergers & acquisitions and private equity,” says the company website.

Elara Capital has fully licensed offices in New York, Singapore, Mumbai, Ahmedabad and London.