Driving Sustainable Growth Across Food and Agriculture in South and Southeast Asia
A private equity firm investing in climate-resilient agriculture and food value chains.
Who We Are
Mandala Capital is a specialist private equity firm investing in food and agriculture businesses across South and Southeast Asia. Since 2008, we have partnered with growth-stage companies across agribusiness and food value chains, combining deep sector expertise with an operational approach to build resilient, scalable businesses.
Deployed Capital in Food & Agriculture since 2008
Investing Track Record
Funds successfully raised
Investment Strategy in Markets
We invest in high-growth markets across South & Southeast Asia where agriculture and food systems are undergoing rapid transformation.
- GK Cold Chain
- Jain Irrigation
- Jain Farm Fresh Foods
- Godavari Biorefineries
- EFRAC
- SAFL
- Keventer
- Sentara Group
- Techcoop
India
- GK Cold Chain
- Jain Irrigation
- Jain Farm Fresh Foods
- Godavari Biorefineries
- EFRAC
- SAFL
- Keventer
Vietnam
- Techcoop
Indonesia
- Sentara Group
Thailand
Phillipines
Partners & Investors
Case Studies
Explore how we partner with portfolio companies to scale climate-resilient food and agriculture businesses.
Mandala’s operational partnership helped EFRAC double revenue and grow EBITDA at 50%+ CAGR over five years.
EFRAC is now a leading one-stop testing services provider in India, with a 60,000 sq. ft. integrated laboratory facility.
Transforming Godavari from a sugar mill into one of India’s leading integrated biorefineries and a model for climate-resilient agriculture
Godavari turns sugarcane and by-products into sugar, specialty chemicals, and other high-value outputs.
Improving the livelihoods of 50,000+ farmers through Mandala’s investment in Keventer, one of East and North-East India’s largest food and beverage companies.
Mandala’s hands-on governance and operational expertise helped drive a 3x increase in revenue.
The Mandala Team
Deep sector experience investing and operating across the global food and agriculture sector.
Uday Garg
Managing Partner
Gopal Arjun
COO
Boon Ling Yee
Operating Partner
Hiten Varia
Operating Partner
News & Insights
The Latest News from Mandala Capital, Press and Media Coverage
Mandala Capital partners with Vietnam Development Bank to strengthen local execution in Vietnam
Mandala Capital Featured in DealStreetAsia Following Interview on Fund III Strategy
Mandala Capital Secures $36M funding from the Green Climate Fund to Scale Climate Resilience across the Agriculture & Food Sector in South & Southeast Asia
Fragmented value chains remain one of the biggest challenges in the food
Mandala Capital was recently featured in DealStreetAsia, highlighting the strategy behind its
Agrifood SMEs form the backbone of food systems across emerging markets, yet
Awards and recognition
Recognition of Mandala Capital’s investment, operational and impact leadership across the region.
