Started in 1995, Kenstar sells air-conditioners, air coolers, mixer grinders, and electric kettles, among other domestic appliances. It booked a loss of Rs 26.42 crore on an operating income of Rs 1,939.50 crore in the year ended March 31, 2015. Kenstar has a distribution network of about 15,000 dealers. Orient Electric, Symphony, Havells, Crompton Greaves, and Voltas. “Everstone looks forward to significantly invest in the Kenstar brand and leverage our operating expertise to unlock its true potential by strengthening the dealer network, supporting product innovation, and investing in brand building,” said Avnish Mehra, managing director of Everstone Group.