
Bay Capital Appoints Sandeep Barasia as Advisory Board Member
Mumbai, February 15, 2025: Bay Capital Partners, a prominent India-focused investment management firm, announces the appointment of Sandeep Barasia as an Advisory Board Member on the Board of Directors.
With a distinguished 30-year career in consulting, strategy development, and business operations, Sandeep’s expertise will play an important role in enhancing Bay Capital’s growth and strategic initiatives.
His appointment strengthens Bay Capital’s Advisory Board, which already includes renowned experts such as Prof. Russell Napier, Preston Hutchings, Arvind Gupta, Ravi Karra, and Vilas Gadkari. Sandeep’s experience and strategic insights will be invaluable in driving the firm’s expanding presence in India.
Bay Capital takes great pride in its exceptional advisory group, which contributes diverse perspectives to the firm’s investment approach and direction. This new addition marks an important milestone in the firm’s journey and reinforces its unwavering commitment to India’s growth story, aligning seamlessly with Bay Capital’s long-term investment objectives.
Commenting on this appointment, Siddharth Mehta, CIO, and Founder of Bay Capital said, “We are thrilled to welcome Sandeep Barasia to Bay Capital’s Advisory Board and look forward to working closely with him. His exceptional strategic insight and vast industry experience will be crucial in shaping our growth trajectory, refining our investment approach, and enhancing our ability to identify sustainable opportunities. His contribution will help us further align our initiatives with our core philosophy of long-term, value-driven growth.”
Sandeep Barasia is a recognized leader in India’s business ecosystem. As Executive Director and Chief Business Officer (CBO) at Delhivery Ltd, he played a pivotal role in scaling the company from approximately $25 million in revenue in 2015 to over $1 billion by 2024. He led several successful fundraising initiatives, including a $1.5 billion raise and the company’s IPO in 2022. Prior to Delhivery, Sandeep served as a Senior Partner at Bain & Company, where he helped shape the firm’s India strategy and launched the Bain Capability Network.
Commenting on his appointment, Sandeep Barasia said, “I’m excited to join Bay Capital’s Advisory Board and contribute to its continued success. Bay’s investment philosophy of long-term, sustainable growth resonates deeply with my own belief in the potential of India’s economy. I look forward to working with Siddharth and the team to explore new opportunities and create exceptional value for its investors.”
Founded with a singular focus on India’s growth potential, Bay Capital specializes in long-term investments in a concentrated portfolio of market-leading businesses. By targeting companies with sustainable competitive advantages, Bay Capital aims to generate high returns over time. The firm partners with a select group of sophisticated investors, including university endowments, pension funds, foundations, and family offices, all of whom share its conviction in India’s long-term economic prospects.