Kismet Capital

Profile

Kismet Capital, LLC is a private equity investment firm based in Washington DC with offices in Mumbai and Bangkok. It was founded in 2004 by Ashish Lakhanpal, who previously served as Managing Director of Think Capital and held positions at Goldman Sachs and McKinsey & Company. The firm focuses on growth and special situation opportunities, particularly in India and Southeast Asia, and is known for its strategic approach and deep expertise in the markets it operates in. Kismet Capital prides itself on a team committed to delivering substantial value across its diverse portfolio sectors.

Kismet Capital invests primarily in real estate, energy, financial services, hospitality, and energy services with a regional focus in Southeast Asia and India. The firm has invested over USD 125 million since inception. The preferred investment size is typically in the growth stage of companies, although exact check sizes are not explicitly stated. The firm's portfolio includes significant holdings such as SKS Microfinance, which is noted for its scale and impact in India.

Notable investments include SKS Microfinance - a leading microfinance company, and the Thai Millennium Fund - a property fund with substantial hotel and serviced apartment holdings in Bangkok. Kismet Capital's strategic partners and investors value the firm’s regional insights and its history of successful investments in rapidly growing sectors. The firm's focus on special situation opportunities sets it apart in the competitive PE landscape, making it a well-regarded player in its chosen markets.