Upsurge Investment And Finance Ltd
Vikas Khemani's stake in Upsurge Investment and Finance decreased from 6.30% to 5.81% as his holding fell by 1,05,647 shares to 12,74,353 shares, in the context of a rights issue.
A non-banking financial company incorporated in 1996, Upsurge Investment and Finance provides fund-based financing solutions to customers across India. The company operates as a dedicated lending institution, offering various credit products and financial services tailored to meet diverse borrowing needs in the retail and commercial segments. Its core strength lies in delivering personalized financial solutions through direct lending activities and relationship-based banking.
Spent 17 years at Edelweiss (including as CEO) before founding Carnelian Asset Management in 2019. Now manages ~₹13,000 Cr ($1.6 billion) for India's top HNIs and family offices via PMS and AIF. His CLEAR framework filters for cash flows, governance, and earnings quality, the kind of analysis that keeps you out of traps and in compounders. Personal disclosed portfolio: ~₹894 Cr. A fund manager who puts serious personal capital alongside his clients.