TA Associates Announces New Hire in Mumbai
07 Abril 2021 - 11:00PM
Business Wire
TA Associates, a leading global growth private equity firm,
today announced the recent hiring of Ritej Bachhawat as a Vice
President in its Mumbai office and as a member of the firm’s
Strategic Resource Group.
“It is a great pleasure to welcome Ritej to TA,” said Dhiraj
Poddar, head of TA Associates Advisory Pvt. Ltd. and a Managing
Director at TA. “Ritej brings a wealth of advisory experience on
topics such as growth strategy, cost optimization, digital
transformation, sales acceleration and new business building. With
this skill set, and an extensive knowledge of the Indian
marketplace, Ritej is well-suited to lead our Strategic Resource
Group’s efforts in India.”
“TA has partnered with fast-growing companies across the
Asia-Pacific region since 2007,” said Ajit Nedungadi, Chief
Executive Officer of TA. “Our Strategic Resource Group plays a
central role in helping to build additional value in the
high-quality growth companies in which we invest. With many years
of consulting experience across multiple industries, we believe
Ritej will be a key contributor in helping to identify growth
opportunities and improve performance for TA portfolio companies
across the region.”
Prior to joining TA, Mr. Bachhawat was an Engagement Manager at
McKinsey & Company in India. He began his career at ZS
Associates, India Pvt. Ltd as an Associate Consultant. Mr.
Bachhawat received B.Tech and M.Tech degrees in Electronics and
Electrical Communication Engineering from the Indian Institute of
Technology, Kharagpur and a Post Graduate Diploma in Management
from the Indian Institute of Management, Lucknow.
About TA Associates
TA is a leading global growth private equity firm. Focused on
targeted sectors within five industries – technology, healthcare,
financial services, consumer and business services – the firm
invests in profitable, growing companies with opportunities for
sustained growth, and has invested in more than 500 companies
around the world. Investing as either a majority or minority
investor, TA employs a long-term approach, utilizing its strategic
resources to help management teams build lasting value in
high-quality growth companies. TA has raised $33.5 billion in
capital since its founding in 1968 and is committing to new
investments at the pace of over $3 billion per year. The firm’s
more than 100 investment professionals are based in Boston, Menlo
Park, London, Mumbai and Hong Kong. More information about TA can
be found at www.ta.com.
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Media Marcia O’Carroll TA Associates +1 617-574-6796
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