TA Associates Announces New Hire in Mumbai | Small business & Finance

BOSTON & MUMBAI, India–(Organization WIRE)–Apr 8, 2021–

TA Associates, a top global expansion private fairness firm, these days announced the latest choosing of Ritej Bachhawat as a Vice President in its Mumbai business and as a member of the firm’s Strategic Resource Team.

“It is a wonderful pleasure to welcome Ritej to TA,” mentioned Dhiraj Poddar, head of TA Associates Advisory Pvt. Ltd. and a Taking care of Director at TA. “Ritej brings a prosperity of advisory expertise on matters this sort of as growth tactic, value optimization, electronic transformation, revenue acceleration and new enterprise developing. With this ability set, and an substantial expertise of the Indian market, Ritej is nicely-suited to direct our Strategic Source Group’s endeavours in India.”

“TA has partnered with rapid-increasing corporations across the Asia-Pacific region since 2007,” mentioned Ajit Nedungadi, Main Executive Officer of TA. “Our Strategic Resource Team plays a central position in helping to construct added worth in the substantial-quality development businesses in which we make investments. With lots of a long time of consulting knowledge throughout many industries, we think Ritej will be a key contributor in helping to recognize advancement chances and increase general performance for TA portfolio corporations throughout the area.”

Prior to signing up for TA, Mr. Bachhawat was an Engagement Manager at McKinsey & Company in India. He commenced his vocation at ZS Associates, India Pvt. Ltd as an Associate Guide. Mr. Bachhawat obtained B.Tech and M.Tech degrees in Electronics and Electrical Conversation Engineering from the Indian Institute of Know-how, Kharagpur and a Write-up Graduate Diploma in Administration from the Indian Institute of Management, Lucknow.

TA is a primary global expansion personal equity business. Concentrated on focused sectors inside five industries – technologies, healthcare, economical expert services, consumer and small business providers – the company invests in successful, growing providers with chances for sustained expansion, and has invested in a lot more than 500 organizations around the planet. Investing as possibly a bulk or minority investor, TA employs a very long-expression tactic, making use of its strategic resources to help management teams create long lasting value in high-excellent advancement corporations. TA has lifted $33.5 billion in money given that its founding in 1968 and is committing to new investments at the speed of above $3 billion per calendar year. The firm’s more than 100 expense industry experts are primarily based in Boston, Menlo Park, London, Mumbai and Hong Kong. Much more details about TA can be found at www.ta.com.

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PUB: 04/08/2021 12:00 AM/DISC: 04/08/2021 12:01 AM

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