Kushal Agarwal

Director @ TR Capital Group

About

Kushal is an experienced investment professional with over ten years of private equity investing experience in the Asia Pacific region focused on growth and buyout deals across technology, consumer internet, B2B marketplaces, software, financial sector and consumer sectors. He is currently an Executive Director with Goldman Sachs Asset Management and is based in Mumbai focused on growth private equity deals as well as buyout opportunities. He currently serves on the boards of Blackbuck and Fabhotels. Previously, Kushal spent four years at ChrysCapital, India's leading Private Equity Fund, focused on private equity investments in consumer and financial services sectors. He received a PGDM in Finance from MDI, Gurgaon and Bachelors in Commerce (Accounting) from St. Xavier's College, Calcutta.

Country

India

City

Mumbai

Industry

Financial Services

Skill

Financial Transactions, Transaction Experience, Emerging Markets, Investment Management, Auditing, Valuation, Business Analysis, Equity Research, Idea Generation, Investments, Financial Modeling, Industry Analysis, Financial Analysis, Portfolio Management, Stock Selection, Equities, Hedge Funds, Mutual Funds, Private Equity, Competitive Analysis

Experience

Director

TR Capital Group

2025-11 - Present · 11 mos

Mumbai, Maharashtra, India

Senior Principal

B Capital

2025-1 - 2025-11 · 11 mos

India

Board Observer

BlackBuck Limited

2019-4 - 2024-12 · 5 yrs 9 mos

Executive Director

Goldman Sachs

2018-1 - 2024-12 · 7 yrs

Mumbai Area, India

Led growth equity and buyout investments in the Asia Pacific region for Goldman Sachs' Private Equity team. Strong sector expertise across multiple sectors including consumer, consumer and enterprise technology and financial services.

Associate

Goldman Sachs

2016-5 - 2017-12 · 1 yr 8 mos

Mumbai Area, India

Growth private equity investing with a focus on technology, consumer internet and consumer sectors

Board Member

FabHotels

2017-7 - 2024-12 · 7 yrs 6 mos

Associate

ChrysCapital

2012-5 - 2016-4 · 4 yrs

New Delhi Area, India

Experience across long term public investing and private equity investing. Experience across Consumer, Financial Services and Industrial sectors. End to end deal experience and portfolio monitoring including regular engagement with company management

Analyst

Goldman Sachs

2010-4 - 2012-5 · 2 yrs 2 mos

Started investing career with Goldman Sachs Investment Partners, a $US 9 billion global hedge fund. Investment experience included long-short equity and distressed debt across multiple sectors with primary focus on financial services sector in the US.