The Marwari community’s inclination and talent for business is known all over the world. A lesser-known story is that of the Marwari Baniya, a sub-set of the community, whose traditional knowledge of business accumulated and perfected over centuries makes its members truly exceptional in the art of running successful businesses. Meet two such members of the Baniya community, Pawan Bharaddia and Ssuneet Kabra, whose thirst for enterprise led them to give up their cushy jobs and become partners in launching Equitree Capital Advisors. The well-known Mumbai-based investment firm focusses on investing in listed micro- and small-cap emerging businesses with strong managements and bright growth prospects.
Investing the Baniya way
Bharaddia and Kabra are chartered accountants by profession. Fate brought them together at the office of Kailash Chand Jain & Co., where they had trained for their CA Articleship. Ever since they have been friends. As true blue Baniyas, they take pride and bet on the traditional knowledge and expertise that is characteristic of the community or the Baniya buddhi as it is called. The cornerstone of their success is the ‘uncommon common sense approach’ of the Baniyas. “Between the two of us, we bring in a unique combination with Ssuneet’s ‘uncommon common sense’ approach to investing and my background as a professional investor,” says co-founder, Bharaddia. Their functions have been clearly laid out. While Bharaddia is Chief Investing Officer at Equitree, Kabra handles client management and compliances.
This story is from the May - June 2023 edition of MARWAR India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the May - June 2023 edition of MARWAR India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
The Rolex Renaissance
To mark the International Women's Day, a shout out to women watch aficionados to embark on a journey of alluring Rolex wristwatches and consider adding some of them, at least, to your existing collection.
Style it up with Lights
Brighten up your decor with intriguing lights that give a unique character to your room and maximise your space. Browse through this luxurious selection of immersive lights for an unparalleled experience.
THE MODERN MINIMALIST
An immersive experience of the updated Range Rover Velar changes little of its outer persona while cleaning up the interior, yet somehow improving on its already-regal ride quality.
Capturing The Essence of Freedom
Swadheen, a retrospective exhibition held at Kamalnayan Bajaj Art Gallery, Mumbai, celebrated the life and times of Jankidevi Bajaj, a proponent of Gandhian values and staunch supporter of Khadi.
A Soul-Stirring Experience
The 15th edition of Sacred Spirit Festival held in the royal Mehrangarh Fort in Jodhpur showcases the spiritual significance of music that transcends communities, cultures and creeds.
Revisiting Roots
Bharati Morarka, Chairperson, Morarka Foundation, has been promoting the legacy of her late industrialist and politician husband Kamal Morarka at considerable cost and effort.
The Flying Carpet
Hands Carpets puts the spotlight on the 143-yearold legacy and the ancient heritage of hand knotted carpets. MARWAR speaks to Ravi Patodia, Chairperson, Patodia Exports, and his sons Apurva Patodia and Pranay Patodia, Managing Directors, on the journey and the aesthetic allure and craftsmanship of one of the leading handcrafted carpet brands in the world.
THE WRITE CHOICE
The life of Deepak Jalan, Managing Director, Linc Limited, has been a journey of learning, adapting, and growing amidst the landscapes that shaped him.
A Legacy of Timeless Elegance
India's leading jewellery brand, Navrathan Jewellers, is renowned for its legacy and commitment to heritage and excellence.
Wonder Women
Celebrating International Women's Day with empowering stories of women who stepped out of their comfort zones to break some stereotypes and, in the bargain, are inspiring us for the better.