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sq.ft delivered
acres acquired
buildings
approximately of real assets
Real Assets. Built Whole.
Vantrock is an operator-led real assets platform, headquartered in Mumbai and working across India. We do the three jobs that every real asset needs, with one team: find the land, build and run the asset, and manage the capital that owns it.
We start with warehousing, industrial and logistics parks. Suburban office campuses, strata offices, data centres, worker living, senior living and infrastructure follow, one at a time, each only after the one before it is delivered, and each with a clear path to a REIT or InvIT.
Why We Build Where We Build
Occupiers want to be close to their customers: the city, the port, the corridor. But land in those places has repriced several times in a decade, and most new supply has moved further out to find cheaper ground. Every extra kilometre becomes a cost the occupier pays for the life of the lease.
Vantrock is going the other way: the infill land that is left inside proven corridors, and the Grade-B sheds already standing there, brought up to Grade- A standards. These infill locations are slower and harder to assemble but bring in better value to the investment.
The White Space
In India, three different kinds of company usually do the three jobs.
- Developers build and sell.
- Capital managers hand money to developers.
- Global operators do all three, but with money raised abroad.
Almost no one does all three for Indian capital. That corner is nearly empty. It’s where Vantrock sits.
 Global capital |
 Indian capital |
|
|---|---|---|
 Operator-led |
Global operators: built in India, owned from abroad  |
Almost empty. |
 Fund-led |
Foreign capital managers placing money with Indian developers  |
Domestic funds placing money with developers, mostly as credit  |
Our vision
Real assets, built whole,so that everyone connected to them prospers
The landowner, the asset owner, the developer, the business, the investor and the community.
Operator-led
We only take on what we could build ourselves. Before we commit to anything, in any structure, our own team answers four questions as if it were going to do the work. If any answer is no, the project does not pass, however good the numbers look. Most capital in this business can only watch. Ours can step in.
01
Design
We can design it.
02
Build
We can build it.
03
Lease
We can lease it.
04
Run
We can run it.
Occupier Wall
The demand the founder’s platforms have built for.
Across the founder’s prior platforms, the teams he led leased to the occupiers listed here. They are the businesses whose location problem Vantrock underwrites before it commits to land.
Occupiers served across the founder’s prior platforms.
3PL and logistics services | E-commerce and quick commerce | Auto, engineering and electronics | FMCG, consumer and building products | Retail and apparel
Our Operating Model
One platform. One model. Three engines
BUILD
Vantrock starts with the business, not the building. It finds where occupiers need space and cannot get it, and builds there. Today that means warehousing, industrial and logistics parks, where making, storing, power and services sit on one site so each occupier helps the next one run. The team has also built offices, retail and mixed-use, and carried large multi-phase projects from bare land to handover. What the occupier makes, what has to move and how fast they might grow decides the land, the roads, the power and the design. One standard applies to every asset the platform builds.
REFURB
Refurbishment is faster than building new and cheaper than buying stabilised. Where the building allows it, it is the quickest route to a Grade-A asset. Vantrock buys ageing buildings whose location is right and whose structure is sound, and brings them to institutional standard, live and leasable within six to twelve months. Today that means industrial and logistics sheds, and the team has done the same with offices and retail. Floor loads, clear heights, fire compliance and the state of the services decide which buildings qualify. The test is asset value, not just yield: bought below replacement cost, worth more as an asset before a rupee of rent is counted.
EXIT
Every asset is designed with its exit in view. What the buyer will pay for is decided at the start, when the land is signed and the specification is written: structure, lease terms, tenure, reporting and governance, not just the building. Vantrock sells what it builds and refurbishes to a REIT, an InvIT, a private equity or capital partner. No exit is pre-agreed. The founder’s record carries three realised exits, one into a REIT and one to Blackstone. The listed yield vehicles, the REITs and InvITs, are now buyers of these assets.
How the Platform Works
01
Own capital first.
The founder’s money pays for checking and de-risking every asset before anyone else is asked to commit. The projects themselves are funded through equity, construction debt and, where it fits, forward funding from institutional buyers, alongside the joint venture, joint development and long-term leasehold structures we enter with landowners. Our capital earns alongside our investors’, never ahead of them.
02
Market before land.
Research partners (CBRE, PwC, JLL, Cushman & Wakefield, Knight Frank, CRE Matrix) and our own analysts prove the demand gap by corridor first. Then we call ten to fifteen of the 60+ occupiers the founder’s platforms have served. Only then do we look for land.
03
Built to run lean.
Operators run the platform, and Vantrock Intelligence, our AI-native system, keeps every site, lease and rupee in one place. The team spends its time deciding, not chasing paper.
Our Core Capabilities
AI native
Built to run lean
Of every ₹100 Vantrock earns, we aim to spend ₹30 to ₹35 running the business. Most real assets managers in India spend ₹64 to ₹86.
Revenue is a share of assets. Cost is people. Vantrock built the operating layer first.
Vantrock Intelligence collects, checks and files. A small team of operators runs a large platform, and people make every decision.
Operating costs as a share of every ₹100 earned
30 - 35
Vantrock
64 - 86
Most real assets
managers in India
Vantrock Intelligence
Operators review and decide.
People make every decision.
Two decades. Three platforms built from zero. Vantrock is the fourth.
One in every seven sq ft of Grade-A warehousing standing in India’s eight largest markets was built by teams he led. Source: CBRE Research data response, September 2026, and the founder’s prior platforms.
“The best fund managers in India have never built a building. The best builders have never managed a fund. Vantrock is led by someone who has done both, and built the factory that makes the materials.”
Anshul Singhal
Founder & CEO
JSW Severfield Structures (founding CEO, age 25)
Embassy Industrial Parks, backed by Warburg Pincus (founding CEO, age 31)
Welspun One (co-founder & CEO, age 36)
*Achieved during Founder’s past tenure. Past performances are not indicative of future results. See full disclaimer.
Anshul has sat in all three seats: contractor at 25, developer at 31, capital manager at 36. He has also sat across the table from every kind of capital: private equity in and out, a REIT, a listing and two funds. That’s why Vantrock can see all three jobs at once.
Governed Like An Institution
“Capital will not be the scarce input in Indian infrastructure this decade. Governance that holds at scale will be. Vantrock put its governance in before it had a portfolio to govern, and that order is why I agreed to chair the board.”
Shailesh V. Haribhakti
Chairman of the Board
“Growth capital in India has learnt to back platforms, not projects — teams that can repeat what they have built, at larger scale, with their own capital committed. That is the test I have applied for two decades. Vantrock passes it.”
Siddharth Parekh
Member Of Advisory Board
“I spent eleven years building Hines India and, before that, running a developer and a factory. Value is made at underwriting. Exits confirm it. A platform is defined by what it declines, and when the people underwriting have built what they are pricing, declining stops being a slogan.”
Yash Gupta
Investment Committee
“Specification is decided once and paid for over thirty years. A platform that builds to hold writes a different brief — and gets a different building.”
Vinayak Thorat
Director & Investment Committee Member
“Demand for industrial land in India settled itself years ago. Clean title, at scale, did not. That question gets answered here before capital moves.”
Sachit Mathur
Non-Executive & Independent Director
“I have spent thirty years inside organisations where tenure decided the seat and the seat decided the reward. Vantrock inverts both: ownership from day one, and a seat you re-earn every year by what you build. That is not a perk programme. It is the operating system.”
Rajendra Mehta
Non- Executive Director
Partner with Vantrock
Vantrock works with landowners, asset owners, occupiers, investors and capital partners to originate, build, refurbish and lease institutional-grade real assets across its chosen markets.
Every asset needs four things to come together: the land, the capability to build and run it, the capital, and the occupier. A partner who brings one finds the other three already in place.
*Across the founder’s three prior platforms. The 52 million sq ft is 32 million as developer and 20 million as contractor. One in every seven sq ft of Grade-A warehousing standing in India’s eight largest markets was built by teams he led. Source: CBRE stock data, 2026, and the founder’s prior platforms.Vantrock’s figure is the platform’s design target. The industry range is drawn from the published accounts of listed and pre-listing Indian alternatives managers, FY25 and FY26.
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