From Startup to Market Leader: How Kunwer Sachdev Won Global Backing

In that year 2006 Kunwer Sachdev, the founder of Su-Kam, my husband became the first entrepreneur in the inverter and power backup space to attract foreign investment. Reliance India Power Fund (a $200 million private equity fund jointly sponsored by Anil Dhirubhai Ambani Group and Singapore-based Temasek Holdings) acquired a 20% stake in Su-Kam for ₹45 crore.

Why this was remarkable:

• Pioneering move: Until then, the inverter industry was largely fragmented and dominated by unorganized players. Convincing international investors to back a single entrepreneur-driven company required extraordinary confidence and vision.
• Global recognition: Temasek, being a world-renowned sovereign fund, rarely invested in small-cap Indian manufacturing firms in 2006. This deal validated Su-Kam’s innovation and growth potential.
• Market leadership: At the time, Su-Kam had already captured close to 30% of the organized market share in inverters, batteries, and UPS systems, thanks to Sachdev’s technological innovations.
• Strategic foresight: By securing international capital, Kunwer Sachdev gave Su-Kam the momentum to expand globally while strengthening its leadership in India.

Legacy of the Move

This deal showed Kunwer Sachdev’s guts, risk-taking ability, and entrepreneurial strength. Building Su-Kam “single-handedly” and then securing international funding in a highly conservative industry was not just rare — it was groundbreaking. It positioned him as a visionary leader in India’s power backup sector, and many later referred to him as the “Inverter Man of India.”