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Results

What we have run, not what we have claimed.

A new firm with an old track record. Here is the verifiable part.

No invented case numbersNo anonymous testimonialsReferences on request

In short

Keel Partners was founded in 2026 and does not publish client names, testimonials or invented case numbers. What we can show is the operating and advisory record the partners bring: two decades of P&L ownership across FMCG, building products, retail and healthcare; a diagnostics business co-founded and funded; a pharmacy retail chain run; and a boutique advisory and asset-management practice with over approx. AED 38 million under management.

Honesty

Why this page looks like this

Most new advisory firms publish anonymised case studies with impressive numbers. It is easy, it is conventional, and it is largely unverifiable. We would rather show you what the partners have actually run, which is checkable, and add named client work as engagements complete and clients agree to be named.

If you want references, ask in the briefing. We will connect you with people who have worked with us directly, which is worth more than a page of anonymous case studies anyway.

Run, not advised

Operating track record

Kohler, Asian Paints, IFB Industries

Two decades of commercial and general-management roles carrying FMCG and building-products P&Ls, including selling into developers, contractors and architects.

Pratap Chandra

5th Vital — diagnostics

Co-founded a diagnostics business and raised approximately approx. AED 4.6 million from angel and venture investors. Provider-side healthcare economics, first hand.

Pratap Chandra

Digifra — pharmacy retail

Multi-store pharmacy retail operations, including scaling down to stay profitable through the COVID period and back again.

Pratap Chandra

Oracle, HP, CallHealth

Eighteen years of enterprise operations and healthcare service delivery, now applied to delivery and service levels across mandates.

Anup Ranjan

Hewlett Packard, SAP Labs

Twenty-three years of enterprise technology, applied to instrumenting traditional businesses rather than building software.

Samik Bhattacharya

RedDot Life — advisory and asset management

Founded 2020. Over approx. AED 38 million under management across South Asia, the Middle East, Europe and the US in healthcare, retail, hospitality and niche manufacturing. Reported average return of 18.5% a year.

The practice

Selected work

Advisory mandates the partners have carried

Mixed-use development, Bengaluru

Commercial structuring and feasibility for a approx. AED 365–460 million hospitality, entertainment and commercial development: demand analysis, a three-option decision matrix across residential, hotel and leisure mixes, cost and debt structuring, and an eight-year payout model. Delivered under RedDot Life.

Feasibility & structuring

Healthcare group — growth and marketing mandate

Scoped around lifting a AED 1.15 million revenue base toward AED 1.7 million over twelve months through corporate-client acquisition, digital outreach and corporate wellness packages, priced as a retainer plus a share of incremental revenue above an agreed baseline. Proposed and scoped under RedDot Life.

Growth mandate

Boutique asset management

Curated transactions, build-operate-transfer arrangements, and strategic advisory including go-to-market, alliances, virtual CFO and dispute resolution, for UHNI, HNI and syndicate investors.

Practice scope

Client discipline

A client cheque returned within three months when the risk profile turned out to be wrong for them. It is the clearest thing we can tell you about how the firm makes decisions.

Principle

In progress

Where client cases will appear

As Keel Partners engagements complete, we will publish long-form cases here with the client's agreement: the situation, what we did, what changed, and what we would do differently. Where a client prefers not to be named, we will say that rather than dress the case up as anonymous.

Pratap ChandraFounder & Managing Partner, Keel Partners
IIM Calcutta (PGPEX). 20+ years running P&Ls in FMCG, retail and healthcare across India and the GCC.

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