KKR Capstone, an important driver of value creation for KKR and KKR portfolio companies today announced the appointment of Ananya Tripathi, former Myntra Chief Strategy Officer, as the Director of KKR Capstone in India, effective from January 2019.
KKR Capstone has over 90 team members globally, with more than 20 based in Asia, made up of highly experienced industry executives and functional specialists. The team works together with KKR’s private equity investment professionals and portfolio company management teams to help businesses maximize their potential.
In her previous role, Ananya headed Myntra’s multi-branded business as well as Strategy and Planning, with a keen focus on framing the company’s business approach, planning, and investments.
Myntra was acquired by Flipkart in 2014. During Ananya’s tenure, Flipkart acquired another online fashion retailer, Jabong, from Global Fashion Group in 2016 through Myntra.
“We are excited to have Ananya join us to lead the KKR Capstone team in India,” said William Cornog, Global Head of KKR Capstone. “Ananya’s track record as a hands-on operator, her deep digital experience and proven ability of partnering with executives to drive performance will add substantial value to KKR’s Indian portfolio companies.”
Prior to joining Myntra, Ananya was Associate Partner at McKinsey, where she worked with clients across Financial Services, Insurance and Industrial Goods sectors on strategy, operations and implementation across UK, Singapore, Canada, and India.
Speaking on the appointment, Sanjay Nayar, Member & CEO of KKR India, said, “Ananya joins KKR Capstone at an opportune time for KKR’s India team, when we are looking forward to making more control investments and where her role at KKR Capstone will be very important in adding value throughout the investment lifecycle. I believe her experience in strategy and operations will be immensely helpful as we look to continue driving value across our portfolio companies.”
Ananya has done a Master of Business Administration course in IIM, Kozhikode.
KKR, which has been investing in India since 2006 manages over $191 billion worth of assets globally. Some of the firm’s India investments include Aricent, Alliance Tire Group, Avendus Capital, Bharti Infratel, Cafe Coffee Day, Emerald Media, Magma Fincorp, Max Financial Services, and SBI Life.