Paras Nayyar

Paras Nayyar is Managing Director and Chief Financial Officer at Kedaara Capital. Kedaara’s team page says she joined the firm in 2024 and brings more than 25 years of experience across fund raising, transaction design, fund structuring, treasury, corporate strategy, audit, legal, regulatory functions, investor relations, finance, and governance.

Before Kedaara, Nayyar was Managing Director and CFO at True North, where she oversaw fund raising, investor relations, finance, and governance. Public profile data and third-party executive databases place her True North tenure from 2016 to 2024, after senior leadership roles at CRISIL, L&T Investment Management, Fidelity International, and KPMG.

Her education includes a Bachelor of Commerce from Shri Ram College of Commerce, University of Delhi, and she is a merit-ranking chartered accountant. Her LinkedIn profile also lists executive education at The Wharton School, University of Pennsylvania from 2012 to 2013. True North publicly recognized her in 2023 as one of India’s Top Women in Finance.

Kedaara itself is an India-focused private equity firm founded in 2011. The firm says it manages or advises about $5.6 billion in AUM and invests in growth-oriented strategic and minority investments in India through an operationally oriented model.

• Kedaara is focused on “growth-oriented strategic and minority investments in India,” with an emphasis on value-oriented private equity in businesses that can improve business and financial performance.
• The firm’s investment approach combines investment judgment with operating experience. Its stated view: “market leading businesses are built with a sound strategy, driven entrepreneurs, and commitment to operating excellence.”
• Kedaara looks for trust-based relationships with best-in-class entrepreneurs and management teams across secular fast-growing end markets.
• The firm emphasizes top-down thematic work, operating capability, exit alignment with entrepreneurs, and the ability to execute complex transactions.
• Kedaara positions itself as a “strategic capital” provider, using operating and financial professionals to support portfolio companies on talent, systems, revenue growth, profitability, M&A, IPOs, and global expansion.
• Reported investment size is typically $25–75 million, with capacity for $200 million-plus in select larger transactions.