Lalit Verma is a risk taker and dream maker who’s taken countless aspiring entrepreneurs to new heights. By trade, he’s a mechanical engineer with an MBA in finance, but by nature, he’s a trusted mentor and advisor who’s also an entrepreneur, investor, and expert innovator. For many, he’s their golden ticket as a visionary leader, who has helped numerous companies turn multimillion-dollar revenues in record time. He’s been named a 2022 Global Leader by CNBC and Global Leader of the Year by AsiaOne. He’s also the recipient of the 2019 Excellence in Financial Leaders Award and the Mahatma Gandhi Pravasi Samman Award from the Ministry of External Affairs-India. In 2016, he founded the holding company, L Capital and Investments, Inc., where he’s currently invested in 16 companies estimated at $200 million, including Pee Safe, Redcliffe Lab, Nile Automotive, JNV-Areca Railways and Defense, CP Manufacturing, Mangum Plastics, and CASHe. With a range of holdings spanning various industries, Lalit’s current focus is on new technology investment and supporting startups in AI, manufacturing, and digital currency. For him, it’s about partnering with companies to help them move forward.
Lalit currently serves as a governance board member for Fight Cancer Global and a board member for the Detroit Economic Growth Corporation. He’s also chairman of the board for Mariposas, a nonprofit in Mexico that empowers young women in rural communities. Prior to starting L Capital Investments, he spent almost two decades in the automotive industry, working for heavyweights, including Honda, Bombardier, Mando, and GM, in roles that saw him in Japan, Australia, China, Korea, Europe, Mexico, and the U.S. In 2013, Lalit launched his own tier 1 automotive supply company, Sakthi Automotive Group. In just five short years, the company posted an annual revenue of $700 million. Over the course of his storied career, Lalit has built multiple successful businesses, taken regional companies to the global marketplace, and given numerous startups their wings to fly. But what he enjoys most of all is meeting new people, discovering new perspectives, and experiencing different cultures.
Lalit holds an MBA in finance from the Institute of Management Technology, and a BTech and diploma in mechanical engineering from the Delhi College of Engineering and Utter Pradesh Technical Education Board, respectively.
Chairman — L Capital and Investments, Inc.