Intellecap Launches Africa Investment Banking Practice

Intellecap Advisory Services, a mid-market investment bank has announced the launch of its Africa Investment Banking practice that draws on the firm’s venture capital & private equity fund raising practice and expertise in the Indian capital markets.

Intellecap has a successful track record of facilitating equity capital of over USD 300 million to more than 50 enterprises from marquee DFIs, Venture Capital & Private Equity investors. Intellecap Advisory was ranked amongst the Top 3 Investment Banks 2015 for Private Equity in India by VCEdge.  The firm has been active in East Africa for over three years nurturing young businesses through its business incubation and supporting startups to access angel investing as well as its business consulting arm.

“Africa is now at the growth inflection point where India was a decade ago and is at the center of global impact investing with East Africa attracting a substantial chunk of the investments. Also, as we see increased cross border activity between India and Africa; starting the Africa investment banking practice is a logical extension as it enhances our emerging markets footprint” says Gagandeep Bakshi, Head Investment Banking at Intellecap.

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Paul Ohaga, an experienced investment banking and private equity professional, will spearhead the firm’s Africa investment banking practice. Paul was earlier associated with PwC and Fanisi Capital and has been involved in several large and mid-cap transactions across the region with some of the leading corporates and SMEs.

“This is an exceptional opportunity to build the Africa Investment Banking practice as the region continues to experience steady economic growth that has spurred growth of SMEs as well as corporates.  A competent and flexible investment bank that understands the needs of such growing companies is necessary to bring tailored solutions to assist them in finding the right financial partners amongst the growing list of local international and local funders that are actively looking to invest in the region.” says Paul Ohaga.

Intellecap will be offering customized solutions and strategies to clients to meet their business growth and financing requirements and assisting them with transaction structuring and fund raising from Development Finance Institutions, venture capital and private equity funds, family offices as well as banks and other Financial Institutions.