Baring Private Equity Partners India Limited

Arul has been with Baring since 2010 and leads investments in auto, technology, manufacturing and media sectors He has been actively involved in recommending investments in RMZ Corp, Embassy Office Parks, Lohum CleanTech, Marico, Matrimony com, Homelane and Toch AI He has over 19+ years of combined investment experience

Prior to Baring, Arul was with Citigroup for seven years, working in corporate finance and investment management roles He was part of the Global Special Situations Group (GSSG) for three years, focused on High Yield Credit While at Citi, he has also worked with the origination and structuring desk

Arul is a B Tech from Indian Institute of Technology (IIT), Kanpur and an MBA from Indian Institute of Management (IIM), Ahmedabad

Mitali has been with Baring since 2007 She has 15+ years of combined investment experience & leads investments across consumer durables, capital goods, building materials, logistics and energy sectors She has been actively involved with investments in Century Plyboards, Homelane, Redington, Matrimony com, NBCC, and other public market deals Mitali is also on the Board of Directors of Infrasoft Tech Mitali also serves as the Chief Economist for Baring and heads the Deal Origination practice Under her guidance, over the last eight years, the deal origination team has sourced investment opportunities over US$ 50 billion

Prior to Baring, Mitali worked with Portelet Management (now Moravia Capital AG) in Switzerland and India where she was involved in the distribution of PE/ VC/ Hedge funds and syndication of equity transactions for European funds and corporate clients

Mitali holds a Bachelor’s degree in Electronics Engineering from Mumbai University, an MBA from Cardiff Business School, UK and a Diploma in Finance from the London School of Economics (LSE), UK

Mitali is an avid mountaineer, a trained bharatnatyam dancer and a black belt in tae-kwon-do

Debanshi Basu

(Senior Principal) Debanshi joined Baring in 2009 She has 17+ years of combined investment experience and leads investments in Financial Services, FinTech & Agri-inputs sectors She has been actively involved with investments in Manappuram, Muthoot, Esskay, Acko and other public markets She has also overseen the portfolio management of companies like Manappuram, Muthoot, Esskay and Inditrade She is a BOD member of Esskay Fincorp and Infrasoft Tech

She has strong M&A execution experience across mid-market deals e g Walt Disney's acquisition of UTV, acquisition of E-serve in the media & outsourcing space Besides, she also helped raise equity and debt capital for large business conglomerates in India, including Tata Steel, ICICI Bank, Axis Bank and Infosys

In her prior position, Debanshi was part of the original team of Goldman Sachs’ Investment Banking practice in Mumbai, where she worked across sectors like general manufacturing, large industrial, IT and commercial banks, and spent about 6 years with them Prior to this, she was with Ernst & Young, involved in conducting statutory audits and internal control assessments for mid-cap listed & private companies

Debanshi is a qualified Chartered Accountant with a Bachelor’s degree in Commerce from Osmania University She has completed CFA Level II

Jugal Bhatia (Finance Team)

Jugal joined Baring in 2016 He heads the accounting, compliance, finance, and risk management functions

Prior to Baring, he worked at Kotak Life Insurance, analysing the financial institutions group credit life insurance policies Previously, he has also worked at Deloitte in the Audit & Assurance department, participating in several statutory and tax audits with a special focus on financial institutions

Jugal is pursuing Chartered Accountancy He holds a Bachelor’s degree in Commerce from Mumbai University

Ramachandran Srinivasan (Finance Team)

Rama has been with Baring since 2008 and is responsible for accounting, compliance, finance, and risk management systems and processes

In his prior position, he worked for more than 8 years at Glaxo Smithkline Consume Healthcare Limited in the Taxation department, participating in Indirect tax and Direct Tax with a special focus on Litigation Management

Rama is a Company Secretary, MBA (part-time), B Com & PG Diploma in Public Relations from Bhartiya Vidya Bhawan, New Delhi

Ruchi Shah (Finance Team)

Ruchi joined the team in 2018 She is responsible for finance, accounting and compliance

In her prior position, she worked at ICICI Bank as a part of the Financial Accounting & Reporting Group involved in RBI reporting, product accounting and office accounts monitoring Previously, she has also worked at Haresh Kothari & Associates (a Chartered Accountancy firm), participating in Project Finance & Retail Loans

Ruchi is a qualified Chartered Accountant and holds a Bachelors degree in Commerce from Mumbai University

Ipsita joined the team in 2021 and is responsible for the top-down sector analysis of industries pertaining to new & disruptive technologies

Prior to Baring, she worked as an investment analyst with Goldman Sachs Asset Management where she looked at sectors like Utilities, Real Estate, Banks/Financials Before that, she served as a scientist for a super-computing program of the Govt of India, New Delhi

She holds an MBA from Indian Institute of Management (IIM), Ahmedabad and a BS-MS Dual Degree from Indian Institute of Science Education & Research (IISER), Kolkata During her MBA, she interned with Bank of America Merrill Lynch, Mumbai in their Equity Research division She has also been the recipient of awards like Goldman Sachs Women Emerging in Finance and YesBank Future Ready Scholars program

Krisha joined the team in 2022 and is responsible for analysing & assisting in the evaluation of investments across multiple sectors, including consumer durables, e-commerce, and disruptive technologies She has previously interned in the Global Research arm of Grant Thornton India, Corporate Communications arm of Mahindra Partners, and Furtados School of Music

She has a B Sc (Hons) in Economics & Finance, and a P G Diploma with specialisation in Entrepreneurship, Computer Science & Psychology from Ashoka University, Sonepat