Welcome to Touchstone
Touchstone is an international private equity investment firm based in Jackson, Mississippi. We are passionate about accelerating the growth and product/service offering of our portfolio companies located around the world.
Touchstone selects rapidly growing markets, and then sources pre-series A investment opportunities primarily focused on the Software and Software-as-a-Service (SaaS) oriented businesses. Touchstone tends to invest in businesses outside of the United States, and often uses Special Purposes Entities (SPE) as a highly focused investment vehicle with a limited investment thesis.
Our Mission
To create outsized returns for investors through unique investment opportunities involving timing, access, and liquidity advantages.
Portfolio
Current Investments:
India’s leading technology backed roadside assistance and vehicle lifecycle management company. Ready Assist offers 24/7 real-time vehicle breakdown service and on the spot repairs across the entirety of India. This is made possible by Ready Assist’s deep tech platform and comprehensive network of skilled mechanics.
- Ready Assist is Founded by serial entrepreneur Vimal Singh, who holds an MS in software engineering from BITS, Pilani, and has over a decade of prior experience working with Wipro, Tech Mahindra, and KPMG.
- Ready Assist is currently servicing over 1M vehicles, 200,000 subscribers, and has over $24M-USD in annual recurring revenue (ARR).
- Touchstone is investing $3M, which will primarily be used to bolster the technology platform, and focus on marketing and increased ARR.
- The current pre-money valuation for Ready Assist is $142M. The proposed exit strategy calls for a five year event horizon.
Leadership
Our team’s breadth of skills and deep expertise are a critical source of intellectual capital.
Chris Ragland, MBA
With over two decades of business experience including overseas management consultancy, Chris focuses on back-office operations. In addition to operations, Chris acts as the principal fiduciary for the investment vehicles used by Touchstone.
Rajat Bhatnagar
Rajat serves as the bridge between our investors and investment opportunities for India and the US. A keen entrepreneur, having worked in disruptive start-ups globally, Rajat's primary focus is on emerging businesses based in India. Rajat is also dedicated to working with start-ups to help clients launch and scale digital and agile transformations.
Tom Meade
Tom has extensive real estate development and fundraising experience in the United States, having raised over $100MM in direct placement private equity during his career. Tom handles front-line investor relations for Touchstone.
Vivek Anand Oberoi
Vivek acts as a special advisor on international investment opportunities, with particular focus on India and the UAE. While Vivek may be most famous for his prolific Bollywood career, he is an accomplished investor with an impressive track record in both start-ups and real estate. He has an exceptional track record of building growth strategies for undervalued medium sized family owned companies and taking them public on the Bombay and National Stock Exchanges of India.
The deals the founders have worked on
Ideas don’t click till you make the right connections.