About Cornerstone Enterprises

Cornerstone was formed in 2011 as a private investment company registered in Nairobi, Kenya. Its shareholders currently consists of 33 shareholders.

The shareholders are successful executives involved in the regions commercial, industrial, capital markets, Financial services,(including insurance, banking and private equity),energy services, hospitality, horticultural, legal, accounting and tax advisory sector of the regional economy.

CEL’s portfolio is currently valued at Ksh 570 million at June 2019

CEL’s History

Founded in 2011 as a registered investment club, Cornerstone has evolved into a seasoned investment firm in Kenya. We pride ourselves in sustainable and impactful investing that is hands-on to aid our investee companies to break their growth barriers.

Our shareholders are successful, respected executives and business men & women within the East African Region in sectors such as commercial, industrial, capital markets, insurance, banking, private equity, energy, hospitality, horticultural, legal, accounting, and tax advisory. We tap into our shareholders’ vast experience to partner with our investee as they transition into corporate giants.

Governance

The Board provides oversight, insight, and foresight in today’s ever-changing world. The Board is responsible for planning and strategizing Cornerstone’s short and long-term goals, putting mechanisms in place to monitor our investments’ progress against objectives. The fundamental goal for the Board is to balance risks and rewards for Cornerstone to create long-term value for shareholders, investee companies, staff, and the entire ecosystem that supports the organization

Our Team

Board Members

Sanjay Gandhi

Sanjay is a Co-Founder and Chief Operating Officer at Kurrent Technologies Ltd. (KTL), a bespoke Energey Sector integrated Engineering, Health, Safety, and … (See More)

Hitesh Gohil

Hitesh serves on the Board of Directors at Acacia Innovations Ltd, one of our investee companies in the capacity of a board observer. For his day job, Hitesh is …                (See More)

Sunil Sanger

Sunil Sanger is currently the director of Orion Advisory Services Ltd. He has over 25 years of experience in banking and financial services in Kenya, Botswana, and India. (Read more)

Minal Vohra

Armed with a BSC Business Administration from the University of Bath in 1992, Minal Vohra went on to excel in the corporate world, serving in various capacities…  (See More)

Dr. Sudhir vinayak

Education

Master of Medicine in Diagnostic Radiology and a
Bachelor of Medicine and Surgery.
(See More)

Amit Nanda

Amit Nanda has served as the technical manager (1992-2002) and the technical advisor (2002-date) for Hydraulic Hoses and Pipe Manufacturing .. (Read More)

Vijay Gidoomal

Vijay  Gidoomal qualified as a lawyer with Clifford Chance in the UK in 1992. He returned to Kenya in 1993 and was responsible for establishing Car & General …    (See more)

Investment Committee Members

Vishy Talwar

Vishy worked with Cannon Assurance (1988-2010), a composite insurance company, and thereafter proceeded to run Flowered Earth Limited… (See More)

Davinder Sinkad

With over 25 years of experience in the private equity industry, Davinder’s expertise and input have a crucial role in the Investment Committee.  (See more)

Madhav Bhalla

Madhav is a Founding Partner at the law firm of Taibjee and Bhalla, a well-established Litigation and Commercial law firm based in Nairobi, Kenya. Madhav possesses .. (Read More)

Parvinder Chadha

Parvinder brings to Cornerstone his vast wealth of experience garnered, working for over 35 years at Oriental Mills Limited, a manufacturer of narrow (Read More)

Harpit Uberoi

Holding a BSc Hons in Management Sciences from the University of Kent at Canterbury (1994), Mr. Uberoi moved on to conquer the corporate world… (Read more…)

Sunil Sanger

Sunil Sanger is currently the director of Orion Advisory Services Ltd. He has over 25 years of experience in banking and financial services in Kenya, Botswana, and India. (Read more)

Hitesh Gohil

Hitesh serves on the Board of Directors at Acacia Innovations Ltd, one of our investee companies in the capacity of a board observer. For his day job, Hitesh is …                (See More)

Harrison Gitau

Harrison joined Cornerstone in 2020 after a successful stint at ApexAfrica Capital (Now AIB-Axys), where he was the head of research… (Read More)

Audit Risk and Compliance Committee

Rakesh Shah

Rakesh has grown through the ranks at Vitafoam to hold the bridle at the firm as its CEO. Today serving over 20 Million people with sleep products… (Read More)

Bhawana Khanna

Bhawana is the managing director of Complete Solutions Insurance Brokers and is the former Assistant General Manager of Kenindia Insurance.. (Read More)

Dr. Ravi Bowry

Dr. Ravi is a highly respected Senior radiologist who has worked at the Nairobi Hospital for over 40 years with significant clinical and managerial presence…             (Read More)

Rajeev Mediratta

Rajeev is the founder and director of Lightning Solutions Limited, a firm that provides lighting design solutions and lighting fixtures… (Read More)