Friday, October 7, 2022
HomeBusinessPharmaceutical Veteran Manish Gupta Joins Convergent Finance LLP as an Operating Partner

Pharmaceutical Veteran Manish Gupta Joins Convergent Finance LLP as an Operating Partner


Mumbai, Maharashtra, India


Convergent Finance LLP proclaims the appointment of Manish Gupta as an Working Associate. Manish is the previous CEO and Managing Director of Sequent Scientific, India’s largest animal well being firm. He was beforehand the CEO – Pharma Enterprise, of Strides Pharma Science and a part of the senior administration group at Wockhardt, the place he headed a number of companies over time. Manish has lately assumed the position of MD at Jagsonpal Prescription drugs (an organization wherein funds suggested by Convergent accomplished an funding of INR 2,692 mm (USD 34.6 mm) on June 27, 2022).


 


Manish has experience in conducting company turnarounds and organizational transformations. At Convergent, Manish will assist establish and diligence funding alternatives.


 


Harsha Raghavan, Managing Associate at Convergent, welcomed Manish and acknowledged, “We are delighted to have Manish Gupta join us as an Operating Partner. Manish is a veteran of the pharmaceutical industry with over 25 years of stellar experience building and turning around several businesses. We have known him personally for almost 10 years, including during our period as shareholders of Sequent Scientific, and have seen him grow the business and create value for all stakeholders. To start with, we see tremendous opportunities to consolidate and create a platform play in the domestic formulations industry and look forward to exploring many more opportunities in partnership with Manish.


 


Manish Gupta commented, “I have been very impressed with the Convergent team’s active operational involvement with their portfolio companies to drive sustainable long-term growth. Building on our successful relationship at Sequent, I look forward to collaborating with the Convergent team to identify investment opportunities in the chemical and pharmaceutical industries and then working with those companies to expand their businesses.


 


About Convergent Finance LLP


Convergent Finance LLP is an funding administration and advisory partnership on the forefront of bringing collectively Concepts, Capital, and passionate Entrepreneurs. The Convergent funding course of includes figuring out proprietary platform and bolt-on alternatives, pace of execution, and a relentless deal with efficiency enchancment. The Convergent worth investing method believes in paying honest and affordable valuations by way of bilaterally negotiated transactions.

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