
Building mid-market champions to build India
Jashvik Capital invests in "Profitable Growth with a Value Mindset". The firm is a mid-market, sector focused private equity firm. It seeks to invest alongside founders of high-quality, profitable businesses in large addressable markets where there is an opportunity to undertake a transformative growth agenda to drive significant value in the medium term. The leadership team has decades-long track record of driving value through this strategy. Jashvik Capital is a SEBI registered Category II Alternative Investment Fund and an IFSCA registered Fund Management Entity (FME).
Naresh Patwari
Founder & Managing Partner
MBA, B.Tech (Hons.)
Naresh has 15+ years of private equity experience of leading investments in profitable growth businesses in healthcare and consumer businesses in India. Over this period, he has invested in numerous marquee assets / deals such as India's #1 fertility services company, India's #1 nutritional ingredients platform, India's #1 women's brands platform, India's #1 biopharma focused tech services company, India's #2 QSR platform and one of India's leading oncology injectables portfolio. Naresh has previously worked with TA Associates, McKinsey & Company, Schlumberger and ICICI Venture. He received his MBA as an Edward Tuck Scholar with distinction from Tuck School of Business at Dartmouth and his B.Tech.(Hons.) in Mechanical Engineering from Indian Institute of Technology, Kharagpur.
Mohit Jain
Head of Fund & Portfolio Finance
Chartered Accountant, B.Com., integrated program in business analytics (IIM Indore)
Mohit leads finance, regulatory and IT functions at Jashvik Capital. Mohit is a seasoned finance professional with background in business finance, controllership, investor relations and budgeting. Prior to joining Jashvik, he was the group financial controller at India's #1 IVF chain, Indira IVF where he played a key role in building financial systems and processes that enabled the company to become a clear leader in its sector. At Indira, Mohit was also instrumental in undertaking the transformation agenda of the private equity investor. Before joining Indira IVF, Mohit worked Deloitte in the M&A Transaction advisory practice and Nexdigm in business advisory practice.
Shubhankar Sharma
Vice President, Investments
Shubhankar focuses on investments in Healthcare/Pharma and Consumer sectors. Previously with Motilal Oswal Private Equity team where he evaluated investment opportunities and invested in Simpolo Tiles. He holds an MBA from IIM Ahmedabad and a Bachelor’s degree in Commerce from Mumbai University. He is a national-level boxer and passionate about poker.
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Saurabh Gupta
Vice President, Value Creation Group
Lean Six Sigma Master Black Belt, MBA (ISB), B.Tech. (IIT Delhi)
Saurabh leads the value creation group at Jashvik Capital. He has over 12 years of experience spanning consulting, entrepreneurship, and leadership roles across an extensive range of sectors notably consumer, minerals, agri & capital goods. A certified Lean Six Sigma Master Black Belt, he combines expertise in strategy and operational excellence to deliver benchmark-setting outcomes. Earlier in his career, Saurabh was a consultant with McKinsey & Company, where he played a crucial role in the success of many large scale transformations. He also held P&L and operational leadership roles at high-growth ventures like ShopUp and Zetwerk, and co-founded startups in the space of live commerce and critical minerals. Saurabh began his career with ITC and Alghanim Industries (GTRC), where he led company-wide continuous improvement programs.
Dr. Ankit Batra
Senior Associate, Investments
Ankit focuses on investments across Healthcare, Pharmaceutical and Consumer sectors. Previously part of the healthcare investment team at Eight Roads (Fidelity International’s private equity arm). Trained physician who has practiced in India and the UK and previously worked with Boston Consulting Group in London. Holds an MBA from INSEAD and a Bachelor’s degree in Medicine from Armed Forces Medical College.
Khushi Gupta
Analyst, Investments
B.A. (Hons.) Economics, CFA Level 1 cleared
Khushi focuses on investments in Healthcare/Pharma and Consumer sectors. Prior to joining Jashvik, Khushi gained experience as a Private Equity Analyst at Faering Capital, where she focused on the Consumer sector, and as an Investment Banking Analyst at NovaaOne Capital. She holds a B.A. (Hons.) Economics degree from Shri Ram College of Commerce. Khushi has also cleared the CFA Level 1 exam and completed several certifications in financial markets.
Vedangi Dugar
Analyst, Investments
Vedangi focuses on Healthcare/Pharma and Consumer investments. She previously managed financial planning and forecasting for prestige beauty brands at Estee Lauder Companies and completed her articleship at EY across multiple industries. She is a Chartered Accountant and holds a Bachelor’s degree in Commerce from St. Xavier’s College, Kolkata.
Divyanshu Kedia
Analyst, Investments
Divyanshu focuses on Healthcare/Pharma and Consumer investments. Previously worked at Boston Consulting Group (BCG) and PriceWaterhouseCoopers. He is a Chartered Accountant, has cleared two levels of the CFA (USA) program and holds a Bachelor’s degree in Commerce from St. Xavier’s College, Kolkata.
Nandini Sethi
Analyst, Investments
Nandini focuses on Healthcare/Pharma and Consumer investments. Prior to joining Jashvik, she was a management consultant at Deloitte and completed her articleship in Deloitte’s audit and assurance practice. She is a Chartered Accountant and holds a Bachelor’s degree in Commerce from HR College of Commerce & Economics, Mumbai.
Kaustubh Tanksale
Analyst, Investments
Engineering degree (BITS Pilani, Goa Campus)
Kaustubh focuses on investments in Healthcare/Pharma and Consumer sectors. Prior to joining Jashvik, Kaustubh worked in M&A at Haitong Investment Bank and in equity capital markets at Credit Suisse. He is most frequently worked on M&A transactions in Financial Institutions Group and Fintech. He earned his engineering degree from BITS Pilani, Goa Campus, majoring in Economics and Electrical Engineering.
Arya Kulkarni
Analyst, Investments
B.A. (Hons.) Economics
Arya focuses on investments in the Healthcare/Pharma and Consumer sectors. Prior to joining Jashvik, she worked at Avendus Capital as an Investment Banking Analyst. She holds a B.A. (Hons.) in Economics from Lady Shri Ram College for Women, Delhi.
Saurabh Gourisaria
Vice President, Investments
MBA (IIM Lucknow), Chartered Accountant
Saurabh has 6 years of experience spanning PE investing and finance across healthcare, industrials, and metals & mining businesses in India. Previously, Saurabh was part of the investing team at Stakeboat Capital, focused on investments in healthcare and industrials businesses. Before that, he worked at Vedanta, where he was involved in financial reporting & analysis and treasury.
Shubham Toshniwal
Analyst, Investments
Chartered Accountant, B.Com. (Osmania University)
Shubham focuses on investments in the Pharma/Healthcare and Consumer sectors. Prior to joining Jashvik, Shubham was a strategy consultant at EY-Parthenon in their Lifesciences team where he worked on CDD/GTM projects. He completed his articleship from EY's audit and assurance practice, where he worked on audits for clients across lifesciences and tech industries. Shubham is a Chartered Accountant with All India Ranks across levels and holds a bachelor's degree in commerce from Osmania University, Hyderabad.
Siddharth Farkiya
Analyst, Investments
B.Tech Mechanical Engineering (IIT Bombay), CFA Level II cleared
Siddharth focuses on investments in Healthcare, Consumer and Industrials/Manufacturing sectors. Prior to joining Jashvik, Siddharth was a consultant at Miebach Consulting where he worked on Supply Chain optimisation projects. Siddharth did B.Tech in Mechanical Engineering from IIT Bombay. He has also pursued his CFA journey alongside and cleared CFA level II in Nov'25.
Harsh Shukla
Analyst, Investments
Chartered Accountant
Harsh focuses on investments in the Pharma/Healthcare and Consumer sectors. Prior to joining Jashvik, Harsh completed his articleship in International Taxation at EY, serving clients across the Technology, Media, and Telecommunications sectors. He subsequently completed his industrial training at D. E. Shaw & Co. Harsh is a Chartered Accountant, holding All India Ranks across levels.
Tanushka Nemani
Analyst, Investments
MSc Enterprise Risk Management (Columbia University), BA Economics & Statistics (St. Xavier's College, Mumbai)
Prior to joining Jashvik, Tanushka worked in the Global Banking & Markets division at Goldman Sachs in the United States where she helped manage capital for the division. She began her career at EY India, in the Financial Services Risk Management practice. She holds an MSc in Enterprise Risk Management from Columbia University and a BA in Economics & Statistics from St. Xavier's College, Mumbai.
P V Sankar Dass
AdvisorSenior Operating Advisor, Value Creation Group
Sankar advises the firm on topics related to strategy, go to market models, domestic sales excellence for target and portfolio companies in domestic pharma and sectors with comparable business models. Immediately prior to Jashvik, Sankar was the CEO & Director of Curatio Healthcare, a domestic dermo-cosmetic pharma company where he scaled the business value by ~7x and successfully exited the business to Torrent Pharma, a large Indian strategic. Prior to Curatio, Sankar was in various senior leadership roles at Dr. Reddy's over a 25 year stint. Over his 35 year career in Pharma Industry, Sankar has strategized and crafted long and short-term business plans and strategies to build brands in India and emerging markets.
Sangeeta Talwar
AdvisorOperating Advisor, Value Creation Group
MBA (IIM Kolkata)
Sangeeta started her career with Nestle and was instrumental in creating, launching and establishing the 'Maggi' phenomenon, the first instant food product in the country and subsequently headed the Marketing Function in Nestle. Subsequently she joined Mattel, the world's largest Toy Company in India as CEO and Managing Director. She was appointed as Executive Director for Tata Tea Limited in 2004 and later as President-South Asia for the Tata Global Beverages Group. In Sep 2010, she was appointed as a Managing Director of NDDB Dairy Services. She holds a few distinctions: Business Today has selected her as one of the 30 Most Powerful Women in Indian Business - 2007, 2009 and 2010; India Today Woman in the Corporate World - 2010 and also Women Super Achievers Award for Outstanding Contribution to Social Marketing. Ms. Sangeeta Talwar did her MBA from IIM Kolkata and is an Economics Honours graduate from Lady Shri Ram College, Delhi. Ms. Sangeeta Talwar is currently a Director on the Boards of Castrol India Ltd, Mahindra Holiday Resorts India Ltd, Sembcorp Energy India Ltd, Management Development Institute Gurgaon, Swadesh Foundation.
Ramprasad Nagaraja
AdvisorOperating Advisor, Value Creation Group
M.E. (IISc Bangalore), B.E. (COEP Pune), Mini-MBA (IIM Bangalore)
Ramprasad is a seasoned C-level technology strategist, entrepreneur, and digital innovation leader with over 25 years of experience across global enterprises and consulting organizations. With more than three decades of leadership across firms such as Altimetrik, Tech Mahindra, IBM, and NthDimenzion, Ram specializes in driving large-scale transformation across Cloud Modernization, Data & Analytics, AI/GenAI, and Digital Engineering, delivering measurable business outcomes for marquee clients worldwide. Ram served as Global Head of Engineering at Altimetrik and as Cloud CTO & Business Head - Cloud-Native Engineering at Tech Mahindra, where he built high-performance global teams, incubated and scaled multiple practices beyond USD 100 million in revenue, and led enterprise-wide modernization and platform engineering initiatives.
Kiran Hota
AdvisorOperating Advisor - Digital Strategy, Value Creation Group
B.E. (NIST)
An ROI-driven professional, Kiran has extensive experience in managing global go-to-market programs and is motivated by complex growth challenges, especially those solved through the intersection of product and marketing. Prior to joining Jashvik, Kiran collaborated with Accel portfolio companies, where he tackled critical Product Led Growth issues and provided impactful solutions. He played a pivotal role in improving bottom-line profitability by organically growing the user base & increasing retention. Kiran has experience setting up and maintained user metrics reporting, benchmarking, and processes that safeguard businesses against any channel updates. His expertise spans Mobile First, Security, Performance, Automation and AI First strategies.
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