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Our Services

Explore Our Comprehensive
Service Offerings

Tailored solutions for every stage of your business every stage of your business.

Strategic Growth Through M&A

Strategic Growth Through M&A

Our end-to-end M&A services include Target/Buyer Search, Deal Advisory - Buy & Sell Side, Valuation Support, Due Diligence, JV Advisory, Sector Research, Business Plan & Valuation Assessment, Strategic Transaction Support backed by deep India expertise and global best practices.

Accelerator

Accelerator

Launched in 2015, the Maple Accelerator is designed to help startups scale through expert mentorship, financial guidance, and access to a curated network of investors and industry specialists. We focus on asset-light business models across sectors such as Agritech, Consumer tech, B2B tech and digital businesses, empowering high-potential companies to achieve accelerated growth

Private Equity

Private Equity

We provide expert advisory in Private Equity focusing on buyouts, growth capital, and special situations. We also offer customized capital market solutions for venture capital, Pre-IPO financing, and preferential allotments. Our deep network of India-focused funds enhances our ability to provide exceptional support in these areas.

Leverage Finance

Structured Finance

We deliver strategic financing solutions, ranging from working capital and project financing to mezzanine and convertible debt. We emphasize on strategic structuring and effective negotiations with lenders ensuring that client’s needs are met comprehensively.

Maple Wealth

Maple Wealth LLP

Maple Wealth Management LLP, an affiliate of Maple Capital Advisors, is dedicated to a client-focused strategy, drawing on nearly two decades of industry experience and professional certifications. We specialize in wealth management for family offices, high-net-worth individuals, and senior executives. Our offerings include a variety of products such as structured equity & debt products backed by research from leading partner firms.

Team

Our Expert Team

Meet the dedicated professionals behind our success.

Mr. Pankaj Karna

Founder & Managing Director

30+ years of experience in investment and corporate banking; featured by IBEF among India’s top entrepreneurs; former Head of M&A at Grant Thornton and Director at Rabobank. Studied at McGill University, Canada, Manipal Institute of Technology, Manipal, St. Stephen’s College, Delhi and Mayo College, Ajmer.

Nitin Gupta

Director

Abhinav Grover

Director – Accelerator

Manish Johri

Consulting Director

Aakash Jain

Manager – PE & M&A

Recent Transactions Overview

Explore our latest successful transactions and partnerships.

Maple Capital Advisors acted as sole financial advisor in the Strategic Acquisition of Qandle by Mynd Solutions

Maple Capital Advisors acted as the sole financial advisor to Corporate Edge for INR 1,000 Mn private equity investment from CarpeDiem Capital

Maple Capital Advisors acted as financial advisor to Piccadily Agro Industries Limited for INR 2,620 Mn preferential allotment with Institutional Investors and HNI

Maple Capital Advisors acted as sole financial advisor to Awfis Space Solutions Limited for sale of its Facility Management business to SMS Integrated Facility Services Private Limited

Maple Capital Advisors acted as sole financial advisor to Skye Air Mobility Pvt. Ltd. for USD 4 Mn private equity investment from Mount Judi Ventures, Chiratae Ventures, Venture Catalyst, Tremis and Windrose Capital

Maple Capital Advisors Acted as sole advisors to U Games Private Limited for sale of its gaming asset Ultimate Teen Patti to Nazara Technologies Ltd./Next Wave Multimedia Pvt. Ltd.

Recent News & Updates

Explore our latest articles and insights.

March 6, 2025

Carpediem Capital invests Rs 100 crore in CorporatEdge

CorporatEdge plans to deploy Rs. 350 crore in the next three years. It will unveil two centres, each spanning across 50,000 sq ft, in Q1…

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May 9, 2025

India’s Agritech Revolution: Maple Capital Advisors & IDC Unveil “Agritech in India: Investment Trends” Report

The ‘Agritech in India: Investment Trends’ report by Maple Capital Advisors and IDC reveals that since FY22 Indian agritech has attracted over $2.6 billion in…

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March 7, 2025

Flexible Workspace Provider CorporatEdge Raises INR 100 Cr to Fuel India & Middle East Expansion

Premium flexible workspace provider CorporatEdge has secured INR 100 crore in equity funding from Carpediem Capital, a mid-market private equity firm focused on growth-stage investments…

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Recent Blogs

Our Research & Blogs

May 3, 2025

Agritech in India

December 3, 2023

India Insights

October 3, 2023

India’s Drone Revolution

December 3, 2021

India Online Gaming Market: Sector Update & Investment Trends

FAQs

Have a Question?

We focus on high-growth sectors such as Consumer (Retail, FMCG, Food, Healthcare, Education), Agribusiness in India Business Services, Technology, Tech-enabled industries, and Manufacturing backed by strong sector expertise and a deep understanding of emerging opportunities in India and globally.

We have extensive experience in advising on cross-border M&A, inbound alliances, and joint ventures. Our understanding of Indian regulatory frameworks, combined with a strong international network through Pandion Partners, helps clients structure and execute seamless global transactions.

Maple’s investment network includes private equity firms, family offices, venture capitalists, and strategic investors both in India and internationally.

In our core business we typically focus on $5-100 Mn range for M&A and Capital Raising. Under our Accelerator Program we invest at seed stage/concept and selectively advise promising partners for Pre Series A rounds.

We take a holistic approach to wealth management, considering each client’s unique financial goals, risk appetite, and investment horizon. Our solutions are tailored to deliver optimal returns while preserving and growing wealth incorporating comprehensive producing bechmarking and leading research.

Trusted by
Industry Leaders

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If you are contemplating exploring strategic options for your business, raise capital or seek financial & strategic solutions, reach us at

If you are exploring a career in Investment Banking from premium investors with track record in Investment banking, please reach out to us at

Pankaj Karna

Founder & Managing Director

  • MBA from McGill University, Canada
  • Bachelor's Degree ( Mechanical Engineering ) from Manipal Institute of Technology
  • Alumni of St. Stephens College and Mayo College, Ajmer
  • Pankaj has over 30 years experience in corporate & investment banking and founded Maple Capital in 2010.
  • Pankaj was Partner and Head of M&A/Lead Advisory at Grant Thornton in India, which he established from start in 2006 (2006- Dec 2009).
  • Part of start up team at Rabo India in 1998 which emerged as one of the leading Corporate finance and Investment banks in the country. Joined as Manager responsible for North India and progressed to Director with roles in Structured Debt, M&A and Relationship Management.(1998-2006).
  • Worked in BNP Paribas(1995-1998) starting with CEO office covering new initiatives like Merchant Banking, Private Banking and progressed to lead Credit in North India and Relationship Management.
  • Established track record in financing & M&A in India having advised on over 100 transactions with emerging and large corporate across key sectors like Food and Agribusiness, New Age Businesses, Telecom, Financial Services, Pharma, Consumer and Manufacturing.
  • Acquisition of Bell Ceramics by Orient Tiles and merger
  • Joint Venture of Manish Arora and Biba Apparels
  • Merger of Nelson India and Best Interiors
  • Acquisition of Mag Industries by Sandhar Technologies
  • Acquisition of RR Enterprises by Kuehne & Nagel
  • American & Efird India investment and Vardhman Joint Venture
  • Focus Brands (Cinnabon) -India Partner and Master Franchise
  • WPP Group acquisition of Châteaux Hospitality
  • Part acquisition-Grover Vineyards by Brindco
  • USD 35 mn Structiured finance for Radisson Mysore by Edelweiss Capital
  • USD 20 mn Private Equity B round in Awfis
  • Private Equity in Nutrihealth Systems by One Health Ventures.
  • Structured finance for Shubham housing by Kotak Mahindra Bank
  • Equipment finance for Jaipuria Beverages from Tata Capital & PNB
  • Structured finance for Pearl Beverages by Ambit Finance
  • Structured term facility to Shubham Housing Development Finance Company by Religare Finvest Limited
  • Term Loan for Brownfield expansion to HTW by Kotak Mahindra Bank
  • Working Capital finance to Nelson Planning & design from Tata Capital
  • Divestment of Hospitality business in Uttaranchal
  • Divestment of cold chain logistics business to Gati
  • Acquisition of Burnol from Reckitt Benckiser
  • Divestment of Dumex India business (Protinex/Farex) to Wockhardt
  • CTEL –offshore acquisition
  • Divestment of Farex for Heinz
  • Divestment of Eli Lilly brands to Nicholas
  • Strategic alliance-Heinz-Dilmah
  • Divestment of Max India-Pharma business to Jubilant Organosys
  • Divestment of biscuits business for Nestle
  • Term Loan for Brownfield expansion to Orient Bell Limited by Tata Capital
  • Structured term debt facility for Biba Apparels Pvt Ltd by Tata Capital
  • USD 60 mn acquisition finance for Bharti Televentures
  • Term & promoter financing for Ranbaxy US operations & its promoters
  • Acquisition financing for Jubilant Organosys US Clinical research business
  • Bridge financing for Max India
  • USD 25 mn structured finance for Modi’s/Distacom investment in Spice Telecom
  • Advised USD 20 mn equity and debt in Saraya Industries by Clearwater Capital
  • Acquisition financing for HTL acquisition by HFCL
  • USD 40 mn equity capital raise for Morepen Laboratories
  • Punj Lloyd- Structured financing for Highway projects
  • Term and Working capital financing to over 100 corporates

Nitin Gupta

Director

  • MBA - Finance from FMS, Delhi
  • B.Tech in Information Technology
  • Nitin is a seasoned professional with over 20 years of experience in Investment Banking, Private Equity and Structured Debt Investment and leads structured finance.
  • He was a part of the founding team which set up the Structured Debt Investment division at Tata Capital Ltd. - the financial arm of Tata Group.
  • Has extensive experience in fund raising and fund deployment across wide range of sectors including manufacturing, financial services, healthcare, real estate and NBFCs.
  • Prior to MBA, he had worked with Satyam computers for 2 years in the dedicated vertical for GE Energy and GE Consumer Finance, USA.

Abhinav Grover

Director – Accelerator

  • B.Com (H) from Shri Ram College of Commerce, Delhi University.
  • Abhinav has 15+ years of Work Experience in the field of Investment Banking and currently leads the accelerator initiative.
  • He was part of the initial team at Maple Capital Advisors
  • He began his career as a Management Trainee in the Mergers & Acquisitions division at Grant Thornton and worked his way up the firm to the position of a Senior Analyst
  • He has also been trained at Pepsico India Ltd and Indcap Financial Services

Manish Johari

Consulting Director

  • MBA, Finance, Welingkar Institute of Management
  • BE Elelctrical, Malviya National Institute of Technology, Jaipur
  • Mayo College, Ajmer
  • Manish is a seasoned professional with over 20 years of experience in Private Equity, Venture Capital, and M&A advisory.
  • Over his career, he has held leadership roles at Tandem Financials, Tech Cap India, and Agility Ventures, advising high-growth companies on capital raising, growth strategy, and strategic alliances.
  • His transaction experience spans IT, ITES, Media, Life Sciences, and Renewable Energy, combining domain knowledge with hands-on execution across both buy-side and sell-side mandates.

Aakash Jain

Manager – PE & M&A

  • CFA Holder
  • BBA, Finance, SP Jain School of Global Management
  • GD Goenka World School, Sohna Road, Gurugram
  • Aakash has over 6 year of experience across private equity, venture capital, and strategic M&A transactions.
  • He has previously worked at Elara Capital, Oxane Partners, Mazars India, and KPMG, with exposure across investment banking, alternative assets, and corporate finance.
  • He has worked closely with leadership teams on deal execution, financial modeling, and investor outreach, with sector experience spanning real estate, infrastructure, healthcare, and consumer products.