MUMBAI: He’s been given a leg up at private equity firm Warburg Pincus. Hemant Mundra who was principal at the firm has been elevated to managing director as of the new year.

Hemant has worked over a decade in private equity across varied sectors including financial services, healthcare, consumer and auto components with a primary focus on financial services. He is on the  board of several companies including Avanse Financial Services, Vistaar Finance, Shriram Housing Finance and Parksons Packaging.

The chemical engineering B. tech from the Indian Institute of Technology Mumbai went on to qualify as a US certified financial analyst and then did his MBA in finance from IIM Ahmedabad between 2012-2014. Rothschild hired him as an analyst  between April 2011 and May 2012, following which he joined IIM-A and did his financial . MBA.

He joined Kedaara Capital in March 2014  and rose to become a senior associate, Warburg Pincus called and he joined as vice-president in  November 2017.

In between he had super short stints at Reliance, Essar, Deloitte, and Morgan Stanley.