About Us

About Us

Yogesh Agencies & Investment Private Limited (YAIPL) is the Family Holding Company of Mahansaria Family consisting of father, Mr Ashok Mahansaria and son, Mr Yogesh Mahansaria.

Core strength of Mahansaria Family is successfully establishing and scaling up global businesses, with strong skill sets in strategy & organisation development, project design & execution, world-class manufacturing and establishing global sales & distribution.

Leveraging these skill sets, over last 30 years, they have built 3 industry-leading businesses in the fields of Off-Highway Tires and Paper boards, whilst being involved in the creation of one of India’s leading fabric brands.

Incubator for manufacturing oriented long-term business ventures

  • Mahansaria Tyres Private Limited (MTPL) – a multimillion dollars investment to create a global tyre business
  • SYAM Trelleborg Tires LLP (STTL) – for the manufacturing of tyres for two-wheeler vehicles.

Other investments

  • Nykaa.com – FSN E-Commerce Ventures Pvt Ltd (Operator of online beauty & wellness store)
  • Avendus Capital – Leading financial services provider, focussing in areas of financial advisory, capital markets, wealth management and alternative asset management
Our Values
  • Long-term vision & focus
  • Positivity & passion
  • Commitment to excellence
  • Trust & respect
  • Integrity & fairness

Our goal is to build Industry leading manufacturing driven global businesses as well as to support high quality entrepreneurs in scaling up their businesses, with both capital and mentorship.

Our History
  • 1975 - 2006Co-promoted Balkrishna Industries Ltd (Manufacturer of Paper Boards and Off-Highway tyres) and Siyaram Silk Mills Ltd (Leading Indian Manufacturer of Fabrics & Garments).
    Successfully established the Coated Paper Boards business as the market leader in high quality segment in Indian market.
    Successfully established the Off-Highway Tyres (OHT) business as the fastest growing, and most profitable tyre business in India, focussing on leveraging India's competitive manufacturing costs and design resources to sell abroad.
    The Mahansaria Family exited Balkrishna Industries & Siyaram Group in 2006.
  • 2007 - 2016 Founded & promoted Alliance Tyre Group (ATG) in June 2007 - Set up a new venture focussing on OHT, partnering with Warburg Pincus & KKR, the leading global Private Equity funds.
    Through prudent combination of acquisitions and green field investments, ATG was developed into a world leader (6th largest producer) in the OHT business with revenue approaching $600 million and sales across 120 countries.
    In July 2016, The Yokohama Rubber Co. Ltd, Japan, one of the world's leading tyre & rubber group, acquired 100% Equity of ATG from KKR, the Mahansaria Family & other shareholders.
  • 2017+Made Investments in Avendus Capital Pvt Ltd (Leading financial services provider, focussing in areas of financial advisory, capital markets, wealth management, and alternative asset management) and FSN E-Commerce Ventures Pvt Ltd (Operator of online beauty & wellness store, nykaa.com)

    2019 - Set foot into exciting opportunities in manufacturing space that have the potential to become world class through two ventures :
    Mahansaria Tyres Private Limited (MTPL)
    SYAM Trelleborg Tires LLP (STTL)

Call Us Now 022 4348 1600
Email Us yogesh.mahansaria@ascensotyres.com
Our Company Maker Chamber IV, Nariman Point