team members

Strategic Leadership

At Cumulative Capital, our team’s strategic leadership blends decades of expertise with a dynamic, forward-thinking approach. We empower mid-market businesses through tailored financial solutions, guiding clients toward sustainable growth and success with trust and innovation at the forefront.

Mr. Swapnilsagar Vithalani

Director & Co-founder
swapnilsagar@cumulativecapital.group

Chartered Accountant and CFA Charter Holder

With over 10 years of experience in the merchant banking and investment banking industry, Mr. Swapnilsagar has been instrumental in driving successful capital market transactions and strategic financial advisory for mid-sized companies and high-growth ventures.

Core Expertise:

  • 1. Capital Market Transactions: Hands-on experience in managing SME IPOs, Main Board IPOs, Rights Issues, Open Offers, Qualified Institutional Placements (QIPs), Share Buybacks and Delisting of Shares
  • 2. Private Equity & Venture Capital: Deep expertise in structuring private equity and venture capital deals, facilitating growth capital for emerging businesses.
  • 3. Due Diligence & Documentation: Spearheaded due diligence processes, drafting of Offer Documents, Public Announcements, and Investor Presentations, ensuring regulatory compliance and market readiness.
  • 4. Valuation & Corporate Advisory: Conducted valuations, fairness opinions, and ESOP certifications, alongside advisory for Mergers & Acquisitions (inbound/outbound).
  • 5. Regulatory Liaison: Successfully coordinated with Stock Exchanges, SEBI, RBI, and other regulatory bodies, ensuring smooth transaction execution and compliance.
  • 6. Client Engagement & Strategic Positioning: Worked closely with client top management, investment partners, and regulatory agencies to position projects effectively and drive them to successful closures.
read more

Mr. Priyesh Kariya

Director & Co-founder
priyesh@cumulativecapital.group

Chartered Accountant (AIR 48) and Certified Financial Risk Manager (CFRM)

With over 10 years of experience in the boutique investment banking and merchant banking sector, Mr. Priyesh has been at the forefront of executing complex financial transactions and providing strategic advisory for high-growth ventures and corporate clients.

Core Expertise:

  • 1. Capital Market Transactions: Extensive involvement in Main Board IPOs, Qualified Institutional Placements (QIPs), and Open Offers, handling due diligence, drafting, negotiations, and regulatory compliance.
  • 2. Corporate Advisory & Structuring: Contributed to the drafting of ESOP plans, valuations, and fairness opinion certifications, ensuring alignment with regulatory frameworks and business objectives.
  • 3. Mergers & Acquisitions (M&A): Played a crucial role in inbound and outbound acquisitions, executing end-to-end transaction support, valuation assessments, and strategic negotiations.
  • 4. Project Finalization & Compliance: Successfully worked both independently and as part of a team to finalize projects in accordance with client guidelines and objectives, ensuring seamless execution and compliance.
  • 5. Strategic Approach & Client Engagement: Brought a strategic perspective to every assignment, combining financial expertise with market insights to deliver impactful results.
read more