Senior Partner and Co-Founder
Sid has over 17 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 18 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 17 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 $500 million acquisition of a US based pharmaceutical company. Prior to Cipla, Niten was at The Boston Consulting Group working across several top companies in India. Prior to BCG, in 2004, Niten was a founding member and led the R&D and product engineering at QDx Inc., a US based start-up that developed a first-generation imaging based medical diagnostic device. Niten subsequently joined Abbott Diagnostics (as it acquired the QDx technology in 2008) and was an integral part of the team at Abbott which over the years scaled up a lab-scale system to a fully-functional prototype.
Niten has a MBA degree from IIM Ahmedabad, Master’s degree in Chemistry from Ohio University (US), Bachelor’s degree in Chemical Engineering from Mumbai University.
Somi has over 14 years’ experience across private equity, corporate strategy and planning, principally in the infrastructure, telecommunications and technology sectors.
Prior to joining Paragon Partners, Somi was associated with IDFC Alternatives' Infrastructure Fund, a private equity fund (AUM of US$ 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).
Mukund has over 6 years’ experience across private equity and investment banking principally in the financial services space.
Prior to joining Paragon Partners, Mukund was associated with Sabre Partners, a private equity fund focused on investing in financial services and healthcare for over 2 years. As an Investment Manager, Mukund was actively involved in the financial services and fintech sectors.
Earlier, Mukund was part of the Investment Banking division at J.P. Morgan (Mumbai and Hong Kong) and was involved in deals across the transportation and infrastructure sectors.
Mukund holds a MBA degree from Indian School of Business, Hyderabad, and a Bachelor of Engineering degree (Electronics & Telecommunication) from the University of Mumbai.
Utkarsh has over 6 years’ experience across private equity and financial diligence principally in the consumer discretionary and financial services space.
Prior to joining Paragon Partners, Utkarsh worked with MOPE Investment Advisors, a private equity fund focused on investing in mid-market companies in India, for over 4 years. As an Investment Manager, Utkarsh was actively involved in the consumer discretionary and financial services sectors.
Earlier, Utkarsh was part of Ernst & Young, where he was primarily involved 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.
Chief Financial Officer
Shweta has over 16 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
Abhijit leads the investor relations function at Paragon Partners. He has over 18 years of experience in investor relations, fund raising, product development, communication and investment analysis across the financial services space.
Prior to joining Paragon Partners, he was with National Investment and Infrastructure Fund (NIIF), India’s first sovereign wealth fund where he worked on fundraising and investor relations for NIIF Master Fund and NIIF Fund of Funds. He had previously led fund raising and investor relations at True North (earlier known as India Value Fund).
Abhijit has also worked with Fitch Ratings, Fidelity Mutual Fund, AIG Investments, Tata Mutual Fund and Reliance Industries in research, product and marketing & communication roles.
Abhijit holds a Bachelor of Engineering from University of Calcutta and a Masters in Management from University of Mumbai.
Manager – Finance
Saloni has over 9 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.
Associate – Finance
Poorva has over 5 years of experience in the areas of Accounting and Finance.
Prior to joining Paragon Partners, Poorva was associated with Tricon Energy, a global commodities trading firm focused on the petrochemicals and plastics industry, where she oversaw the accounting, reconciling and treasury functions. Her primary responsibilities included US Accounting and conducting periodic reviews of Tricon's borrowing base.
Poorva completed her MBA in Finance from Symbiosis International University, Pune, and holds a Bachelor's degree in Commerce from R.A. Poddar of Commerce and Economics, Mumbai.
Analyst – Investor Relations
Mudita is an analyst in our Investor Relations team. Prior to joining Paragon Partners, Mudita gained experience across a number of functions including business development, marketing and communication through her internships at the Indian International Model United Nations, one of the World's largest education conference management brands and Nordic Kandie, a luxury retailer of gourmet confectionery products.
Mudita completed her BSc. degree in Finance from NMIMS University and has completed her schooling from Jamnabai Narsee School in Mumbai.
Rajani has over 19 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.