During my stint at NSR PE, I was a core member of the team that originated and closed a transaction wherein the fund acquired a 49% stake in PNB Housing Finance. Post the deal, I played a lead role in transforming the company from a staid public sector enterprise to one of the fastest growing and profitable entities in the sector. This included a complete overhaul of the business processes to make them customer centric and a major effort to strengthen the management team.
While at IDFC PE, I was a core member (along with Shishir) of the deal team that built Green Infra (a company the fund setup from scratch) into one of India’s leading renewable energy companies. This involved developing the growth strategy, recruiting key management personnel, fund raising and, eventually, creating a liquidity event for the fund through a strategic stake sale to Sembcorp Industries, Singapore.