Varadharajan Ragunathan (Vice President)
Varadha did his B. Tech from IIT Madras and MBA from IIM, Ahmedabad. Prior to Equirus, he was in a Private Equity fund for 3.5 years. He has also worked in Citibank in Retail and Corporate banking and at KPMG in their Management consulting division advising clients in the Consumer goods and Financial Services verticals. Varadharajan can be reached at varadha@equirus.com

Vineet Toshniwal (Director)
Vineet brings diverse experience of 15 years. Started PE Gateway in 2008 focussing on Mid market firms raising Private Equity and M&A. Prior to this Vineet started Infosys business in Greater China region. Served Bank of America and Citigroup in Global Treasury from 1996-2000. Vineet holds BTech (Mech) and MBA Finance from Faculty of Management Studies, University of Delhi.Vineet can be reached at vineet@equirus.com

Tapas Sarkar (Associate Vice-President)
Tapas has over 7 years of experience in investment banking and private equity. He is a post graduate from XLRI Jamshedpur and a graduate in engineering. Member PE Gateway since 2009. Worked with Indian Ocean Ventures – London based PE firm focused on alternate assets and real estate in India. Before this he was with the M&A team of TCS focusing on acquisition of engineering companies. Tapas can be reached at tapas@equirus.com

Dr. S. Rama Iyer
Dr. S. Rama Iyer was the Executive Chairman of Aker Kaverner Powergas India ( a leading service provider for projects in the Oil and Gas, petrochemicals, and other sector ). He has more than four decades of experience in Project Management Engineering services. Dr. Iyer has received MTech and Ph.D from IIT Mumbai, and has also participated in the Senior Executive Programme conducted by London Business School.

Ravi Ramu
Mr. Ravi Ramu has rich experience in the areas of finance, systems and procedures. He was the Director Finance at Purvankara and also the Group CFO and Director of Strategic Initiatives of Mphasis BFL Ltd. & as the Senior Partner & Head of the Information, Communication & Entertainment practice at KPMG India. He has worked with KPMG in Holland and has been associated with the Emirates Bank Group in Dubai, UAE, in Financial Control & Planning. He has received Bachelors degree in Commerce from Madras University. He is a member of the Institute of Chartered Accountants in England, Wales and India

Manu Parpia
Manu is the founder and former Managing Director of Geometric Software Solutions Co. Ltd. (GSSCL). He was also the Chief Executive of the Electronic Business Equipment Division of Godrej & Boyce from the mid 1980s to 1999. He is also the founder and former Managing Director of Godrej Pacific, a JV between Tech Pacific and Godrej & Boyce. Manu is currently engaged with Equirus as a member of its Board of Directors.

Ajay Garg (Managing Director)
Ajay Garg is the founder of Equirus Capital. Ajay is a veteran investment banker, work experience 15 years. He is acknowledged as being amongst the top deal makers in the country.He started his career with DSP Merrill Lynch where he was involved with several landmark deals during his stint there between 1996-2002. Prior to setting up Equirus, he was the group CEO of a leading investment bank which he co founded. Ajay holds a first degree in engineering and is a post graduate in management from IIM, Ahmedabad. Ajay can be reached at ajay@equirus.com

Abhay Bhalerao (Director)
Abhay’s work experience over 2 decades in capital markets, mergers and acquisitions, structured and corporate finance He has held senior positions with leading organizations such as Standard Chartered Bank, DSP Merrill Lynch and The Chaterjee Group. Completed several notable equity, debt and advisory transactions for private and public sector organizations Abhay hold first degree in Engineering and MMS from University of Mumbai. Abhay can be reached at abhay@equirus.com

Bhavin Shah (CEO, Equirus Securities)
Bhavin Shah is a highly recalled and well-known name, not just among institutional Investors but also among companies in Asia Pacific. He is known for insightful industry and company research and for calling some of the multi-year inflection points in the technology sector. Bhavin has consistently achieved top rankings in multiple categories of technology sector research, including an outstanding record of seven consecutive years of number one ranking. Bhavin is also known for bringing innovation and fresh ideas to the field of Equity research. He was probably the first analyst on sell-side to introduce a LONG-SHORT model stock portfolio and has also demonstrated his stock picking skills by identifying several multi-year winners.
Bhavin has worked as Managing Director and head of Asia-Pacific technology research as well as the global sector leader for Technology at JPMorgan. Bhavin also worked as Head of Asia Technology Research at Credit Suisse where he worked from 1996 to 2002. Bhavin has completed his MBA education (economics and finance) with Beta Gamma Sigma honors at the University of Chicago. He also holds an MS (electrical and computer engineering) degree from the University of California. Bhavin can be reached at bhavin@equirus.com

Abhijeet Biswas, CFA (Director)
Abhijeet has been very active in the crossborder M&A space. Prior to joining Equirus Capital, he has worked with E&Y, BDO, Singhi Advisors and RIL. He has International work experience working in US and India and executed several cross border assignments for clients across the globe. He has done his B.E. MBA and is also a CFA Charterholder. Abhijeet can be reached at abhijeet@equirus.com

Anil Chaurasia (Head of Domestic Sales) (Equirus Securities)
Over 12 years, Anil has worked as a research analyst, Fund manager and finally for last five years in institutional equity sales role. His last assignment was with PINC where he worked as AVP of Equity sales. Anil holds a B.Com degree with Distinction from the University of Bombay and has completed CFA program with the ICFAI, Hyderabad. Anil can be reached at anil@equirus.com

Ravi Mani (Associate Director)
Ravi has over 16 years of experience in investment banking, corporate planning, strategy consulting and business development in India and US. His key interest is to help Indian manufacturing and engineering companies to scale up to compete globally. He has worked for manufacturing and engineering services companies like Larsen & Toubro, Infosys, Cap Gemini, Neilsoft and Tata Autocomp Systems Ltd. (TACO). At Equirus he is head of Banaglore office and also runs the engineering and manufacturting vertcal. Ravi is a mechanical engineer from IIT Chennai, and a post-graduate from IIM Ahmedabad. Ravi can be reached at ravi@equirus.com

Pritish Kandoi (Associate Director)
Pritish specializes in Financial Services and Infrastructure and is a key member of the management team. His notable deals at Equirus includes -Advised L&T Finance in acquisition of DBS Chola AMC, sold Gumasol ( a German tyre and rubber co ) to Ruia group (Dunlop / Jessop), raised Rs. 150 crs financing for waste management company, sold stake in a commodity exchange etc. Pritish was last with Deutsche Bank where he was responsible for Corporate Banking Origination. He was the key person on the mid market expansion program of Deutsche India. He originated and managed assets of over USD 500 million. Pritish has over 10 years experience in Financial Services and has worked across Corporate Finance, Commercial banking, Investment Banking Advisory and Management Consulting while working with PricewaterhouseCoopers, ICICI Bank & Deutsche Bank. Pritish is a MBA ( IIM Ahmedabad ), Chartered Accountant, Company Secretary ( Gold Medalist ). He brings pan India relationship and execution experience across large and mid market companies. Pritish can be reached at pritish@equirus.com

Mohit Khullar (Associate Director)
Mohit has over 9 years of experience and is a member of Private Equity advisory practice at Equirus. He has successfully concluded multiple transactions including Private Equity fund raising for Dalmia Cement, Sharekhan and IMS Learning Resources. He has also advised AFL Limited on the acquisition of Unifreight India Private Limited and the Raymond Group on the acquisition of Trinity India Limited. Mohit earlier worked with Standard Chartered Bank as a part of the Global Account Management team for the TATA Group, where he was involved in the non recourse acquisition finance for Tata Steel’s leveraged buyout of Corus Group plc. He completed his B.E. in Electronics & Communications from N.S.I.T. (formerly D.I.T.), New Delhi and is an I.I.M. Lucknow alumnus. Mohit can be reached at mohit@equirus.com

Manoj Patkar (Associate Vice President)
Manoj has over 7 years of experience in strategy consulting & investment banking, across diverse sectors including healthcare, chemicals, financial services, manufacturing, FMCG and telecom. Prior to joining Equirus, Manoj was working with Accenture India as a strategy consultant. Manoj has completed his bachelors in chemical engineering from ICT, Mumbai and MBA from IIM, Ahmedabad. Manoj can be reached at manoj@equirus.com

Munish Aggarwal (Vice President)
Over 6 year work experience in Capital markets across India and South East Asia. Prior to joining Equirus, Munish was working with JPMorgan India across the India and South East Asian region. In the past he has been engaged with Kirloskar Toyoda Textile Machinery Ltd in various roles. He is an MBA finance from Symbiosis University, Pune and B.Tech Textiles from The Technological Institute of Textiles and Sciences, Bhiwani. Munish can be reached at munish@equirus.com

Nimesh Shah (Director)
Nimesh brings 20+ years experience in Investment Banking (PE and M&A) and Consultancy (Financial and Structuring consulting). Prior to joining Equirus, Nimesh was a Director at Cipher Capital Advisors, a boutique Investment Bank focused on PE and M&A where he was involved in 17 + transactions aggregating US$ 370mn. He has worked across sectors including Food, Consumer, Education, Infra and Water Treatment, Auto Ancillary, Chemicals, Engineering, Retail and Media. Nimesh is a Chartered Accountant and a Chartered Financial Analyst. Nimesh can be reached at nimesh@equirus.com

Ashwin Herle, CFA (Vice President)
Over 7 years experience in investment banking, technology consulting and technology sales. Previously based in New York, he has managed account relationships with global capital markets clients and led marketing initiatives for Headstrong Corporation. Ashwin holds a B. Tech in Civil Engineering from IIT Madras, MBA from IIM Ahmedabad, and is a CFA Charterholder. Ashwin can be reached at ashwin@equirus.com

Atul Nawalkha (Associate Vice President)
Atul has over 7 years of experience in investment banking and financial services with specific focus on natural resources, commodities and real estate. Prior to Equirus, he was an Assistant Manager with Price Waterhouse Coopers Assurance Division. He is a Chartered Accountant and a Chartered Financial Analyst. Atul can be reached at atul@equirus.com

Ashish Agarwal (Associate Vice President)
Ashish has over 5 years of experience in Investment banking and Financial Services. Prior to Equirus, Ashish has worked with JM Financial and Centrum Capital focusing on investment banking in the Infrastructure and allied sectors. Ashish has completed his MBA from Symbiosis Institute of Business Management, Pune and BMS from Mithibai College, Mumbai. Ashish can be reached at ashish@equirus.com

Ayush Bagla (Director)
Over 14 years of experience in investment banking, infrastructure, hospitality & real estate. He was a Principal at Enabler Real Estate Fund sponsored by Alony-Hetz & Liberman Group. Ayush has developed hotels, power projects, renewable energy from end to end including approvals, financing and asset management. Ayush has a B. A. (Management) degree from Franklin & Marshal College (US). Ayush can be reached at ayush@equirus.com

Albert da Costa (Associate Director)
Albert has more than 13 years of experience in capital raising. He has worked in senior positions with Investment Banks such as Brescon, Meghraj Corporate Finance and MAPE Advisory. Albert was instrumental in setting up the structured finance practice at his previous assignments and has completed transactions in Infrastructure, Energy, Real Estate and manufacturing sectors. Albert holds a first degree in engineering and is a post graduate in management from IMS, Indore. Albert can be reached at albert@equirus.com

S Srinivas Sista (Vice President) (Strategy)
Srinivas has experience of consulting, operations & IT and project management. He has been associated with large-scale strategic organizational initiatives including service outsourcing, operations & manufacturing efficiency improvement. He has worked in Tata Motors, Thyssenkrupp (Europe), ECS Limited & HSBC India. He has worked on consulting assignments for L&T Cement (now Ultratech) and ITC Ltd. He has also been entrepreneur, running an IT company for SMEs. Srinivas is a mechanical engineer from NIT Trichy and a post graduate in management from IIM Ahmedabad. Srinivas can be reached at srinivas@equirus.com

Rishav Gupta, CFA (Associate Director)
Rishav has over a decade of experience in mergers and acquisitions and the technology industry. Over these years, Rishav has been part of several industry-shaping transactions including acquisitions by PeopleSoft, divestitures following Fleet Banks merger with Bank Boston, sale of HNC Software and Sema PLC, and equity carve-out and the ensuing public offering of Nationwide Financial Services. Rishav serves on the board of TalentFirst, Inc. and Rio Vista Trust. He holds a B.S. in Management Information Systems from Ohio State University and an MBA from Columbia University. Rishav can be reached at rishav@equirus.com

Varadharajan Ragunathan (Vice President)
Varadha did his B. Tech from IIT Madras and MBA from IIM, Ahmedabad. Prior to Equirus, he was in a Private Equity fund for 3.5 years. He has also worked in Citibank in Retail and Corporate banking and at KPMG in their Management consulting division advising clients in the Consumer goods and Financial Services verticals. His hobbies include quizzing and playing badminton.

Manish Joshi (Vice President)
Manish Joshi has more than five years of experience in Capital market and Risk management. Prior to this, Manish was managing funds based on rule based trading systems for family offices (FO) & High Networth Individuals (HNIs). Manish has also consulted various banks and financial institutions in the Middle East and North African (MENA) region on risk management and investment strategies. Manish has earlier worked with Crisil, ICICI Bank and GTL. Manish has completed his post graduation in management from S.P. Jain Institute of Management and Research and is also a company secretary from ICSI. Manish can be reached at manish@equirus.com