Dev Raman, Managing Partner
Small and mid-sized companies form the bedrock of any economy and India is no different. If India is to realise its full potential within the global economy, it will need to nurture and grow its mid-market segment. Lastaki was thus formed by a group of big bank bankers to provide financial, strategic and management solutions to mid-market companies. “We provide a bulge bracket type of service in this space to help businesses expand and progress. We believe that an appropriate and timely solution not only boosts financial gains but simultaneously stimulates entrepreneurship, investments and growth,” says Reena Mulay, Partner, Lastaki.
The Differentiation:
Lastaki’s practise is based on 3Rs: ‘Review’ needs, 'Recommend'a plan of action and ‘Roll Out’ the plan through flawless execution. They look to service clients through
deep domain skills, product or service expertise and geographical proximity from their four offices. As LVS Murlidhar, Managing Partner points outs, “Since our teams are engaged across investment banking and management consulting, with a significant operating management component and investing, our professionals bring diverse perspectives and provide solutions that are well rounded. This is a huge edge as the solutions thus crafted are very practical with a high probability of success”.
"With over 50 successful engagements across investment banking and management consulting verticals in the last nine years, Lastaki is fast becoming a strong name in the mid-market advisory business space in India"
The Journey
Lastaki’s story is littered with small but significant wins. The company has grown incrementally by adding deep skills around domain and product, along with its geographic expansion strategy to key cities in India.
While the firm started as specialised in raising capital, it now has a strong reputation as a midmarket, cross border, M&A expert. Realising that clients suffered from significant dearth of management skills in their early years, leading to higher dilution or sub-optimal results for promoters,
"With over 50 successful engagements across investment banking and management consulting verticals in the last nine years, Lastaki is fast becoming a strong name in the mid-market advisory business space in India"
The Journey
Lastaki’s story is littered with small but significant wins. The company has grown incrementally by adding deep skills around domain and product, along with its geographic expansion strategy to key cities in India.
While the firm started as specialised in raising capital, it now has a strong reputation as a midmarket, cross border, M&A expert. Realising that clients suffered from significant dearth of management skills in their early years, leading to higher dilution or sub-optimal results for promoters,
Lastaki has set up “Perf-Opt”,a bespoke management advisory solution focused on helping companies optimise growth, profitability and value creation. The latest addition is a venture capital fund promoted jointly with two external partners and focussed on B2B business in India.
With over 50 successful engagements across investment banking and management consulting verticals in the last nine years,Lastaki is fast becoming a strong name in the mid-market advisory business space in India.
Future Plans
The company has built a credible presence in its existing service lines; the future roadmap is to scale these service lines rapidly. With that in mind, the company will launch its second fund shortly and continue to expand its team organically and inorganically. While deepening their domestic capability remains a priority, expanding the network to Europe and the US is an ongoing ambition. As Dev Raman, Managing Partner states, “We focus on helping our clients make their first hundred crores which is critical in any entrepreneur’s journey and allows them to pursue larger goals with confidence. Our goal is to enhance the probability of success of our clients significantly. That will spell success for us and for the country as well”.
With over 50 successful engagements across investment banking and management consulting verticals in the last nine years,Lastaki is fast becoming a strong name in the mid-market advisory business space in India.
Future Plans
The company has built a credible presence in its existing service lines; the future roadmap is to scale these service lines rapidly. With that in mind, the company will launch its second fund shortly and continue to expand its team organically and inorganically. While deepening their domestic capability remains a priority, expanding the network to Europe and the US is an ongoing ambition. As Dev Raman, Managing Partner states, “We focus on helping our clients make their first hundred crores which is critical in any entrepreneur’s journey and allows them to pursue larger goals with confidence. Our goal is to enhance the probability of success of our clients significantly. That will spell success for us and for the country as well”.
