Senior Partner and Co-Founder
Sid has over 16 years’ work experience across the US, UK and India, a majority of which involved investing in emerging markets.
Prior to co-founding Paragon Partners, Sid served as a Principal in the Mumbai office of Actis, a leading emerging markets focused fund with investments across Asia, Africa and Latin America. Sid joined Actis’ London office in 2008 and completed 6 investments across a number of sectors and geographies, managed 8 companies in Actis' Indian portfolio and executed 6 exits. Sid has also been an active participant in the angel network in India, having invested in a number of start-ups engaged in the financial technology and health & fitness sectors.
Prior to Actis, Sid was an investment analyst at the International Finance Corporation based in Washington D.C. focusing on investing in the global manufacturing & services sectors and also spent 2 years as a Consultant at the Boston Consulting Group in New York. He has an MBA and Master’s degree in International Affairs from Columbia University and a Bachelor’s degree in Finance and Management from the Wharton School at the University of Pennsylvania.
Senior Partner and Co-Founder
Sumeet has over 17 years’ experience in advising, investing and operating in companies in North America and India.
Prior to co-founding Paragon Partners, Sumeet was the co-founder and executive director at Hover Automotive India – HAI (a leading global automobile manufacturer’s exclusive distributor in India) based out of Mumbai and growing the company from a start-up to recording annual sales of approximately 40,000 units and expanding the distribution network from a single dealer to approximately 130 outlets nationwide. Prior to joining HAI’s operations, Sumeet successfully managed automobile retail outlets which were part of his family business. He has also successfully started and sold two independent ventures in India in the Real Estate and Power sectors.
Sumeet previously worked at Ares Management in their Private Equity Group in Los Angeles and with UBS in the Investment Banking Group. He has a Bachelor’s degree in Finance and Management from the Wharton School at the University of Pennsylvania.
Niten has over 16 years’ experience in building businesses and managing cross-functional teams across large corporates, a top-tier management consulting firm and a hi-tech start-up.
Prior to joining Paragon Partners, Niten headed two global business units at Cipla Limited. As the Global Head of the Animal Health business and Head Strategy & BD of the Global API business, he helped turnaround the operations and re-aligned strategy to focus on faster growth. Additionally, as the Head of Strategy for Cipla’s US business, he led the efforts for a $500 million acquisition of a US based pharmaceutical company. Prior to Cipla, Niten was at The Boston Consulting Group working across several top companies in India. Prior to BCG, in 2004, Niten was a founding member and led the R&D and product engineering at QDx Inc., a US based start-up that developed a first-generation imaging based medical diagnostic device. Niten subsequently joined Abbott Diagnostics (as it acquired the QDx technology in 2008) and was an integral part of the team at Abbott which over the years scaled up a lab-scale system to a fully-functional prototype.
Niten has a MBA degree from IIM Ahmedabad, Master’s degree in Chemistry from Ohio University (US), Bachelor’s degree in Chemical Engineering from Mumbai University.
Somi has over 13 years’ experience across private equity, corporate strategy and planning, principally in the infrastructure, telecommunications and technology sectors.
Prior to joining Paragon Partners, Somi was associated with IDFC Alternatives' Infrastructure Fund, a private equity fund (AUM of US$ 2 billion) focused on investing in infrastructure assets, for more than 4 years. As an Associate in the investment team, Somi was actively involved in investments in Healthcare, Roads and Solar sectors. Prior to joining IDFC Alternatives, Somi was a Customer Manager with Ericsson India where he spent one and half years. At Ericsson India, he was responsible for implementing and expanding Ericsson India’s portfolio of test networks, strategic and financial planning, and managing customer relationships. Prior to joining Ericsson India, Somi was a Systems Engineer with Ericsson UK where he spent 3 years.
Somi has a MBA degree from Indian School of Business, Hyderabad and a Master’s Degree in Electronic and Computer Engineering from the University of Birmingham (UK).
Apurva has over 5 years’ experience across investment and corporate banking, principally in the consumer discretionary space.
Prior to joining Paragon Partners, Apurva was associated with Jefferies Investment Bank in India, with a focus on equity stocks across automotive, consumer and macro-strategy. As an Associate in the research team, he has covered all the major listed companies in these sectors.
Prior to joining Jefferies, Apurva was a Management Associate with Citibank India in their Corporate and Investment Banking team. As a part of the relationship team for local corporates, he covered the leading companies in healthcare sector.
Apurva holds an MBA degree from Indian Institute of Management (IIM) – Calcutta, and a Bachelor’s Degree in Electronic and Electrical Communication Engineering from Indian Institute of Technology (IIT) – Kharagpur.
Chief Financial Officer
Shweta has over 15 years of experience in several functions relating to Finance such as Planning and Budgeting, Accounting and Audit, Regulatory Compliance and Reporting, Fund Raising and Investor Relations.
Before Paragon Partners, Shweta was associated with IDFC Alternatives for a period of 7 years as Senior Vice President - Finance, responsible for a number of functions including Operations, Risk Management, Regulatory Compliance and Fund Administration. Prior to IDFC Alternatives, Shweta has had stints with Edelweiss Capital and First Voyage where she handled the Corporate Finance function. She started her career as a practicing Chartered Accountant, before joining Aneja Associates in their Internal Audit team.
Shweta is a Certified Public Accountant from the American Institute of CPAs and is a member of the Institute of Chartered Accountants of India (ICAI). She also holds a Bachelor's degree in Commerce from the University of Mumbai.
Head – Investor Relations
Cyril leads the Investor Relations function at Paragon Partners. He has over 14 years’ experience in the fields of corporate strategy, capital markets and investor relations.
Prior to joining Paragon Partners, Cyril was associated with IDFC Alternatives, where he focused on fund raising and investor relations activities across IDFC's funds in the private equity, infrastructure and real estate sectors. Prior to that, Cyril was part of the investment banking division at IDFC Capital, where his responsibilities included overseeing the execution of strategic capital market transactions for corporates, such as public offerings, institutional placements, share buybacks, takeovers and reverse listings. Prior to IDFC, Cyril has had stints with the investment banking divisions at Kotak Mahindra and HDFC Bank.
Cyril holds a Bachelor's degree in Commerce from the University of Mumbai and is a Chartered Accountant.
Manager – Finance
Saloni has over 8 years’ experience in the banking and financial services sector relating to Accounting, Audit, Regulatory Compliances and Reporting.
Prior to joining Paragon Partners, Saloni was associated with Deloitte Haskins & Sells LLP, a leading global professional services firm, as a deputy manager. She completed her 3 years internship with the firm and continued working with them for about 2 years post qualifying as a Chartered Accountant. She was a part of the team which managed several top-tier clients including IDFC Ltd, HDFC Ltd, BNP Paribas Bank and Deutsche Bank. She was largely responsible for statutory audits, tax audits, limited reviews, compliance certificates and control testing which strengthened her knowledge of IGAAP, corporate reporting requirements and statutory compliances with regulators including RBI, SEBI, Income tax.
Saloni is a member of the Institute of Chartered Accountants of India (ICAI) and Mithibai College alumnus where she pursued her Bachelor’s degree in Commerce.
Rajani has over 18 years of experience as an executive assistant working with senior management teams at IDFC and CRISIL. At Paragon Partners, she oversees the overall office administration function and support for the entire team.
Prior to joining Paragon Partners, Rajani was associated with IDFC Limited for over 6 years working in the Private Equity and Legal & Compliance divisions assisting senior management in a variety of areas including travel, calendar support and office administration. She also supported the legal, compliance and audit teams during the formative days of IDFC Bank.
Prior to her role at IDFC, Rajani was associated with CRISIL Limited, a leading credit rating agency in India, for 9 years as an Executive Assistant to the CEO.
Rajani holds a Bachelor's degree in Commerce from the University of Mumbai and Diploma in Secretarial Practice from Burnley’s. In her spare time, Rajani enjoys music, yoga and meditation.