Shyam Maheshwari says Addressing the Transparency of Business Processes - The Continuity and the Ability of the Process is the Key

Shyam Maheshwari

Shyam Maheshwari serves as the Founder and Partner of SSG Capital Management (Singapore) Pt. Limited, and is primarily responsible for SSG’s investment activities in India. He has 17 years of experience in the deal sourcing, analysis and investing industry. Shyam Maheshwari studied at St. Xavier's College, Mumbai for his graduation and Indian Institute of Management Bangalore for his post graduate MBA.

​At the Mint Stressed Assets Investment Submit Shyam Maheshwari speaks about the risks and rewards associated with investing in stressed assets and what they are making of the opportunity. Shyam Maheshwari SSG talks about two things he wishes to change in the IBC. Challenges are opportunities for him. “Firstly, one has to be in the game. Our fund is a long duration fund with no leverage. The second aspect is that doing business is not easy”, explains Shyam Maheshwari . Bias for strategic investors over financial investors would be one of the things Shyam Maheshwari would like to change in the IBC.

Diligence is a learning process. As per the thoughts of Shyam Maheshwari, one has to be in the game to learn the game. “They put the resources and people on the ground. They are paying to learn the game. The process is fine. It’s all about being there and contributing positively”, Shyam Maheshwari says. In his words, “expectations of our investors are similar to us. On the equity side, you just can’t make a quick buck and then leave. We have a long duration fund of eight-10 years. We need that kind of time to figure out our way. You have to create that process, discipline and risk-reward as an investor and it is not different from what a strategic investor would do”.

Shyam Maheshwari also tells that one has to be very transparent in the process. The continuity and the ability of the process is the key. Fairness is very important and this has to be proven in India because the outside perception about India is that it takes a long time to complete the whole process despite the right law. Speed, fairness and a good transparent process is very much required.

According to Shyam Maheshwari, India is a market of patience. In India, you have to have people with experience locally who can work through. Lack of experience, cost of doing business and the right infrastructure is some of the constraints he discusses about. As an investor, one has to evaluate these things. India, no doubt, is a great place to invest in as a foreign investor. From Shyam Maheshwari’s point of view, we have an organization that provides credit and can also do equity. As financial investors, we have the capability of building the business. One should run the company the way it should be run. Therefore, business excellence of the companies that we are involved in is the key.