Everstone Group
Nitin Motwani serves as President and Group CFO at Culinary Brands since December 2021, overseeing operations for Subway in India and Sri Lanka as well as Lavazza India. With extensive experience in the Food & Beverage sector, Nitin holds the role of Sr. Operating Partner at Everstone Group, where responsibilities include strategic oversight in F&B, Consumer, Wellness, and Healthcare segments. Previously, Nitin progressed from CFO to CEO and Executive Director at Badasaab and KA Hospitality, managing diverse portfolios across F&B and real estate. Other notable roles include Group Finance Controller at Mirah Group and Finance Controller at Baker Hughes Inteq. Nitin holds multiple degrees, including an MBA from The University of Chicago Booth School of Business, and qualifications as a Fellow Chartered Accountant and Company Secretary.
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Everstone Group
The Everstone Group is one of Asia’s premier investment groups focused on cross border North America – Asia investments as well as domestic investments in India and Southeast Asia. Founded in 2006, the Singapore headquartered firm has assets in excess of US $5 billion across private equity, real estate, infrastructure and venture capital. Everstone has over 400 people working across seven offices—Singapore, India (Mumbai, Delhi, Bengaluru), Mauritius, London and New York. Our private equity investment philosophy focuses on combining classic approaches with proactive deal sourcing, as well as an active, collaborative, and hands-on partnering style, to deliver long-term returns for our investors. We partner businesses across different sectors such as manufacturing, healthcare, financial services, food and beverages and wellness. Through our funds, we have invested in over 35 companies that employ more than 100,000 people. Everstone Group has a fully integrated real estate development platform called IndoSpace and is one of India’s leading developers in industrial and retail real estate. It has developed around 50 million square feet of real estate in 17 cities across India. EverSource Capital (EverSource), the green investing arm of the group was founded in 2018 as a 50:50 joint venture between Everstone and Lightsource BP, a global market leader in renewable energy development, to invest in India’s rapidly scaling green growth market through a unique partnership and differentiated investment approach. Everstone has been awarded ‘Mid-Market Firm of the Year in Asia’ thrice and eight times for ‘Private Equity Firm of the Year in India’ by Private Equity International. Everstone Capital has also won the ‘Indian Fund Manager of the Year’ at the VC Circle Awards 2020.