OUR TEAM

Investment Team

Raamdeo, co-founder of MOFSL, is one of India’s premier investors with investing experience of more than 30 years. Raamdeo pioneered the concept of equity research by an Indian brokerage house when he commenced the equity research practice at MOFSL in the early 90s. Raamdeo’s keen appreciation of ‘value’ has had a tangible impact: he has been an early investor in several small and mid-cap companies that subsequently grew into leading large-caps.

In addition to being a highly successful investor, Raamdeo is also a successful entrepreneur, having built MOFSL from scratch into a multi-location and multi-business financial services conglomerate. The result is that he combines a unique understanding of value-drivers with a first-hand understanding of the challenges faced by small to mid-sized companies.

Raamdeo stands for a distinctive investing philosophy. He has been annually conducting a widely regarded “Wealth Creation Study” for 21 years, which analyses the medium-term wealth creation process of some of the most successful publicly-listed Indian companies. This represents the bedrock of his keen understanding of the wealth creation process by prominent Indian companies.

Mr. Agrawal is an Associate of Institute of Chartered Accountant of India and a member of the National Committee on Capital Markets of the Confederation of Indian Industry. He has also featured on ‘Wizards of Dalal Street on CNBC TV 18’. In 1986, he co-authored the book “Corporate Numbers Game”, along with Mr. Ram K Piparia. He has also authored the book “The Art of Wealth Creation” which compiles insights from the “Wealth Creation Studies” compiled by him.

Vishal founded MOPE in 2006 with MOFSL being the sponsor. At MOPE, Vishal looks to build a platform to channelize long-term capital to create valuable enterprises and successful entrepreneurs. Prior to founding MOPE, Vishal was with Rabobank during its formative years in India, helping build its corporate finance and investment banking franchise. During his Rabobank tenure, he executed ~50 transactions aggregating more than Rs 900 bn & helped build the life sciences practice in India into a key business driver.

Vishal holds a Bachelor’s Degree in Commerce from the prestigious St. Xaviers' College, Kolkata and is a member of the Institute of Chartered Accountants of India (all-India # 21 rank).

Vishal joined MOPE in 2008. At MOPE, Vishal is responsible for deal sourcing, deal evaluation, fund raising, investing and portfolio monitoring, and represents the Existing Funds on the board of directors of Dixon Technologies, Glass Wall Systems, Intec Capital, Shubham Housing Finance and IKF Finance. Vishal is a member of Investment Committeee for the Fund II

Vishal also worked at Moody’s Investor Services in New York and prior to that worked for several years at HDFC Limited. Vishal earned an MBA from the University of Chicago and a Bachelor’s degree in Mechanical Engineering from Aligarh Muslim University.

Amit joined MOPE in 2016. At MOPE, Amit is responsible for deal sourcing, investing, monitoring and managing the exit from portfolio companies. Amit is responsible for consumer businesses.

Amit has over 16 years of diverse experience in consumer facing businesses (Procter & Gamble), investment banking (JP Morgan), consulting (Arthur Andersen) & entrepreneurship. He has worked both in India and in Singapore and has extensive knowledge in growing businesses, financial management, marketing & distribution, supply chain, cost control & operational improvements.

Amit holds a Bachelor’s Degree in Commerce from the prestigious St. Xaviers' College, Kolkata and is a Gold Medalist (all India 1st Rank) in Chartered Accountancy & has been honored with many prestigious awards including President’s Gold Medal (ICAI) & Asia F&A Award for Excellence for leading India F&A Team at P&G.

Prakash joined MOPE in 2007. At MOPE, Prakash is responsible for deal sourcing, investing, monitoring and managing the exit from portfolio companies. Prakash is responsible for Industrials and Manufacturing businesses and he represents the Existing Funds on the boards of ElectroMech, Magicrete, IMP Powers and Glass Wall.

Prakash has over 15 years of diverse experience in consumer facing business (Emami) and Mining & Oil business (Aditya Birla Group). He worked in diverse roles including sourcing, supply chain and cost controls, operating role to set up systems and processes, entry strategy for new businesses and sale of existing businesses.

Prakash holds a Bachelor’s Degree in Commerce from Calcutta University and is a Chartered Accountant.

Rohit joined MOPE in 2015. At MOPE, Rohit is responsible for deal sourcing, investing, monitoring and managing exits from portfolio companies. Rohit is responsible for life sciences businesses and he represents the Existing Funds on the board of Arinna Life Sciences and as an Observer on the board of Ganesh Grains.

Rohit has over 10 years of experience in life sciences sector in private equity and investment banking (KPMG).

Rohit is a member of the Institute of Chartered Accountants of India (all-India #8 rank) and a qualified Company Secretary.

Kanad Chaudhari joined MOPE in 2016. At MOPE, Kanad is responsible for fund raising, transaction evaluation, financial analysis, deal documentation and portfolio management.

Kanad had over 2 years of private equity experience with ICICI Investment Management (IIMCL) as a member of its investment team. In IIMCL he worked on assignments across the private equity life cycle including deal evaluation, deal execution, portfolio management, fund raising and investor relations.

Kanad is a Chartered Accountant (all-India # 20 rank) and earned PGDM from the Indian Institute of Management, Bangalore.

Vijay joined MOPE in 2013. At MOPE, Vijay is responsible for deal sourcing, investing, monitoring and managing the exit from portfolio companies. Vijay focuses on investments in financial services and the consumer sector and he represents the Existing Funds on the board of Dairy Classic & UDS and as an Observer on the board of Kurlon and Shubham Housing.

Vijay has over 11 years of experience in private equity and corporate finance (Asian Paints). Vijay holds a Bachelor’s Degree in Commerce from the prestigious St. Xaviers' College, Kolkata and is a member of the Institute of Chartered Accountants of India (all India #25 rank). Besides, he is also a CFA charter holder and a Company Secretary (all India #1 rank).

Utkarsh joined MOPE in 2015. At MOPE, Utkarsh is responsible for deal evaluation, financial analysis and portfolio management.

Utkarsh has over 2 years of experience in consumers and manufacturing sector (EY). At EY, Utkarsh was involved primarily in financial diligence and assurance engagements of various companies in the League of Fortune 500.

Utkarsh holds a Bachelor’s Degree in Commerce from Narsee Monjee College, Mumbai and is a member of the Institute of Chartered Accountants of India.

Utkarsh joined MOPE in 2017. At MOPE, Utkarsh is responsible for deal evaluation, financial analysis and portfolio management.

Utkarsh has over a year of investment banking experience with JP Morgan (JPM). At JPM, he worked on end-to-end sell side pitch books including identification of targets & divestment opportunities, financial modeling and deal structuring for the healthcare industry.

Utkarsh holds a Bachelor’s Degree in Technology from NIT, Surat and is a Gold Medalist in PGDM (Finance) from Management Development Institute (MDI), Gurgaon.

Operating Advisors

Sanjaya is associated with MOPE since 2011. At MOPE, Sanjaya is a member of the Investment Committee of IBEF and IBEF-II. He works closely with MOPE team members on deal evaluation and portfolio monitoring.

Sanjaya has over 40 years of experience in financial services sector. He was one of the co-founders of 20th Century Finance, India’s largest NBFC in mid 90s, and Centurion Bank. Earlier, he worked with Citibank in investment banking and commercial banking. Sanjaya is also the chairman of TPL Caustic Limited and is an Independent Director on a number of boards of listed and unlisted companies. He also mentors a couple of startups.

Sanjaya has been appointed to various committees of the Bombay Chamber of Commerce, the Bombay Management Association and the Reserve Bank of India. He has been Chairman of the Equipment Leasing Association of India from 1993 to 1995.

Sanjaya earned PGDM from Indian Institute of Management, Ahmedabad and engineering from Indian Institute of Technology, Mumbai.

Shankar is associated with MOPE since 2013. At MOPE, Shankar works closely with MOPE team members on deal evaluation and portfolio monitoring.

Shankar has over 28 years of experiences in life sciences /healthcare sector. He established and scaled Indian operations of Actavis Pharma, the World’s third largest generics company, to $100 mn revenues. He had earlier worked with Hikal Ltd. as its Chief Finance Officer, where he spearheaded Hikal’s growth outside the country as well as into Pharmaceuticals. Prior to that Shankar worked with E. Merck India Ltd for 12 years in various functions like, accounts, finance, internal audit, costing, management accounting and IT. Shankar has considerable experience in domestic and cross-border M&A. He led acquisition of three companies for Actavis in India and two companies offshore for Hikal.

Shankar is a member of the Institute of Chartered Accountants of India and a Certified Public Accountant (CPA).

Thiruambalam is associated with MOPE since 2015. At MOPE, Thiruambalam works closely with MOPE team members on deal evaluation and portfolio monitoring.

Thiruambalam brings with him rich operating experience of 3 decades across India, Asia and UK, with GSK Consumer Healthcare, Becton Dickenson, GE and Heinz. He career spanned roles of sales, marketing and B2C and B2B operations leading up to the roles of Chairman and Managing Director, Heinz India and Chief Growth Officer, Heinz Asia. He has served as Global Brand Manager and Global Executive Council Member with the companies he has been with. Prior to MOPE, Thiruambalam spent 2 years as the CEO and Director of a Private Equity funded Personal Care and Food and Beverages company in India.

Thiruambalam has an Honours degree in Mechanical Engineering from NIT Trichy followed by Post Graduation in Management specializing in Marketing and Finance from IIM Kolkata.

Prakash is associated with MOPE since 2012. At MOPE, Prakash works closely with MOPE team members on deal evaluation and portfolio monitoring.

Prakash has over 40 years of experience in industrial/ manufacturing sector. He was previously Managing Director of Thermax Ltd and was instrumental in complete transformation of Thermax wherein its revenues grew to USD 540 mn from USD 68 mn and from an operating loss it reported an operating profit of USD 86 mn. He was ranked amongst the top 25 CEOs in India 2012 by a study carried out by INSEAD, the Harvard Business Review (HBR) and Business Today magazine.

Prakash holds engineering degree from VJTI, Mumbai and has done Advanced Management Program from Harvard Business School.

Fund Administration

Naveen joined MOPE in 2016. At MOPE, Naveen is responsible for Finance, Operations and Compliance.

Naveen has over 17 years of experience in finance and operations (ASK Property Investment Advisors Pvt. Ltd., ICICI Bank Ltd.)

At ASK Property Investment Advisors Pvt Ltd., Naveen worked as Vice President – Finance, responsible for fund administration. He has indepth working knowledge of accounting of venture capital funds, Alternative Investment Funds, PMS, compliance & statutory issues. He was also involved in entire life cycle of the fund - fund raising, investments and exits. In ICICI Bank Ltd., Naveen worked as Head Operations for Property Search Group in ICICI Home Finance.

Naveen, holds Master’s Degree in Economics, MBA in Finance and a fellow member of CMA from Institute of Cost and Management Accountants of India.

Hitesh joined MOPE in 2016. At MOPE, Hitesh is responsible for finance, operations and fund compliance.

Hitesh has overall 9 years of experience in direct tax and regulatory compliance. Prior to MOPE he worked with PricewaterhouseCoopers (PWC), where he worked on direct tax and regulatory assignments for financial services sector entities, such as PE funds, FIIs, NBFCs etc. Prior to PWC, Hitesh worked with Infrasoft Technologies Limited, where he was responsible for direct tax compliances and litigations for the company.

Hitesh holds a Bachelor’s Degree in Commerce and is a member of the Institute of Chartered Accountants of India.

Charvi joined MOPE in 2014. At MOPE, Charvi is responsible for Finance and Operations.

Charvi has over 4 years of experience in financial services. Prior to MOPE, Charvi worked as Assistant Manager – Accounts responsible for accounting, finance, MIS and other strategic initiatives at Transerv Private Ltd.

Charvi holds a Bachelor’s Degree in Commerce from Mumbai University.

Bhadresh joined MOPE in 2016. At MOPE, Bhadresh is responsible for Fund Compliance and Legal work.

Bhadresh has overall 3 years of experience in Compliance, Legal and Corporate Secretarial. Prior to MOPE he worked with CLSA India Private Limited (CLSA), where he was responsible for Stock Broking, Research & Merchant Banking Compliance, Legal and Corporate Secretarial work of the Company.

Bhadresh holds a Bachelor’s Degree in Commerce, Bachelor’s in Law (LLB) from Mumbai University and is a member of the Institute of Company Secretaries of India.