Emerging Markets, ESG, Returns & India’s IPO Decade with Amit Chandra of 57 Stars
In this episode of View From The Top, Ganesh Nayak sits down with Amit Chandra, managing director of 57 Stars — an independent global asset manager.
With deep experience across emerging markets, they unpack the forces shaping India’s rise as one of the world’s most efficient capital markets.
This wide-ranging conversation explores why India is increasingly viewed as a preferred destination for global investors, how regulatory discipline and governance have evolved over the last decade, and what separates India’s growth trajectory from other emerging economies. Amit also challenges some long-held assumptions about emerging markets. He offers a balanced and evidence-based perspective on what has changed, what remains misunderstood, and where global investors need to update their mental models.
Drawing from years of investing across geographies, applying structured frameworks like LBO modeling, and working closely with companies to fine-tune strategy for long-term value creation, Amit breaks down the underlying drivers behind India’s booming IPO pipeline, the strength of its domestic consumption engine, and the structural reforms that have made India one of the most compelling markets for disciplined global capital.
Together, Ganesh and Amit dive into: Why India is becoming one of the most attractive IPO hotspots globallyThe evolution of India’s regulatory and tax environment — and how it directly impacts investment outcomesHow ESG and governance are reshaping capital allocation decisions
What drives India’s consumer markets to outperform — and why certain segments still underdeliver
How LBO-style financial engineering sharpens returns in emerging marketsWhich outdated notions about emerging capital markets no longer hold trueWhy India increasingly stands out as one of the most efficient long-term capital betsGrounded, clear, and rich in practical insight, this episode offers a rare macro-to-micro view on India’s ascent — from regulatory depth to consumer behavior to disciplined financial engineering while correcting the misconceptions that often cloud global understanding of emerging markets.
Whether you’re a founder, investor, or operator, Amit’s perspective provides a sharp, evidence-based understanding of India’s position in the global economy and the structural strengths driving its next decade.
In the Frame
Ganesh Nayak
Ganesh leads fundraising and global capital markets at Avataar Venture Partners. He brings deep experience across venture capital, fundraising, and startup ecosystems.
Based in Bengaluru, Ganesh is an active angel investor in SaaS, B2B tech, and digital consumer brands, with notable investments in Curefoods, Uni Cards, and Capillary Technologies.
Ganesh combines strategic capital insights with a strong operator mindset spanning marketing, business development, venture investing, and mentoring early-stage founders.
Amit Chandra
Amit is a Managing Director at 57 Stars, responsible for sourcing, due diligence, structuring, and monitoring private equity partnerships and co-investments across global emerging markets. With over a decade of experience in private equity across the US and emerging markets, he serves on multiple fund advisory boards.
Previously, he worked at Key Principal Partners and KeyBanc Capital Markets, focusing on mezzanine, equity, and leveraged finance transactios. He holds a B.E. from The Maharaja Sayajirao University of Baroda, an M.S. in Management Science from Case Western Reserve University, and an MBA from the University of Chicago.
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