Senior Partner and Co-Founder
Sid has over 19 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 20 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 is a Partner at Paragon Partners (joined in 2016). He has rich experience in investing, managing P&L, running business operations, and strategy consulting spanning over 20 years.
Prior to joining Paragon Partners, Niten was an executive at Cipla where he held progressive leadership roles across general management, P&L Leader, strategy and M&A. Prior to his tenure at Cipla, Niten worked BCG, advising several top companies in India across consumer discretionary, healthcare, and financial services.
Prior to his role at BCG, Niten was a founding member at QDx Inc., a US-based start-up that developed a first-generation imaging-based medical diagnostic device. Following Abbott's acquisition of QDx Inc., he played a key role in technology integration and scaling up manufacturing of consumables.
Niten holds an MBA from IIM Ahmedabad, a Master's in Chemistry from Ohio University, and a Bachelor's in Chemical Engineering from Mumbai University.
Somi has over 15 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 8 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 8 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.
Faraz has 5 years of experience across private equity, investment banking and financial due diligence, primarily in the financial services and consumer sector.
Prior to joining Paragon Partners, Faraz was with J.P Morgan in their Investment Banking team where he worked with companies across sectors and growth stages to raise private capital. Prior to that, Faraz worked with Deloitte where he conducted financial due diligence of companies in the financial services sector.
Faraz is a Chartered Accountant (All India Rank – 9) and holds a Master’s degree in Commerce. He has also cleared 2 levels of the CFA program.
Rachit has over 5 years of experience across investment banking and business operations. Prior to joining Paragon Partners, Rachit has worked for 2 years with Avendus Capital in their Digital & Tech IB team where he worked with early - stage startups primarily in the financial services, consumer and technology space to raise growth capital.
Earlier, Rachit was part of the Investment Banking division at J.P. Morgan (Mumbai) and was primarily involved in equity capital market transactions across the SEA market. Also, Rachit was part of the business operations at MSIL prior to his MBA.
Rachit holds a MBA degree from SJMSOM, IIT Bombay and a Bachelor of Technology degree from NIT Bhopal.
Samir has ~2 years of experience across investment banking largely in the consumer space.
Prior to joining Paragon, Samir worked with Kotak and Motilal Oswal in their Investment Banking division where he was actively involved in consumer sector coverage and helping companies raise capital in private and public markets.
Samir is a Chartered Accountant and holds a bachelor's degree in commerce from R.A. Podar College, Mumbai. He has also cleared 2 levels of the CFA program.
Chief Financial Officer
Sanjay has over 25 years of experience in finance, taxation, accounting, and compliance. Prior to joining Paragon Partners,
Sanjay was associated with NIIF Infrastructure Finance, IDFC Alternatives, Blue River Capital, HBL Global (an associate
company of HDFC Bank Limited), Infrastructure Leasing & Financial Services Limited (IL&FS) and Tata Finance Limited.
Sanjay is a Chartered Accountant, Cost Accountant, Company Secretary, and holds a Bachelor's degree in Commerce from Mumbai University.
Manager – Finance
Hemangi has over 10 years of experience in the areas of Accounting and Finance.
Prior to joining Paragon Partners, Hemangi was associated with SBICAP Ventures Ltd, Standard Chartered Securities Ltd, Kama Schachter Jewelry Pvt Ltd & Dedhia Group of Builders. She has been in Finance & Accounts throughout her career where she has handled various Big Four Auditors & Audits, finalising books of Accounts and filing tax returns (direct and indirect tax), etc.
Hemangi is Chartered Accountant, and holds Master’s degree in Commerce from Mumbai University.
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.
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.