Narayan highlighted investment opportunities in rapidly growing digital companies in the consumer internet, software, fintech, and services sectors in India.
Permira employs a managed fund buyout strategy with a focus on the consumer, financial services, healthcare, industrial, and TMT sectors. The company has 16 offices in Europe, America, and Asia, and has global investments.
Narayan was based out of Warburg Pincus’ New York office as part of a growing technology group. Before joining Warburg Pincus, he worked at Lightspeed Venture Partners and McKinsey & Company. According to his LinkedIn profile, he earned his MBA from the Wharton School and his Bachelor’s degree from the Indian Institute of Technology, Madras.
The company said the new presence in India will expand Permira’s global footprint and add to its significant presence in APAC. Permira newly inaugurated an office in the region nearly 20 years ago and since its inception, the Permira Fund has invested over €4 billion in its 12 investments in APAC.
“I have been very impressed by Permira’s track record, deep understanding, and advisory networks across its key sectors. I am looking forward to working with the broader global team on investment opportunities in India. I believe that Permira will be able to bring significant value to fast-growing businesses, and entrepreneurs, in the Indian ecosystem,” said Narayan.
The Permira Fund’s investments include McAfee, Mimecast, an email security and cyber resilience company, Reorg, a data, analytics, and intelligence provider for the credit markets, and Zendesk, a customer service software company.
“We believe it presents an attractive source of investment opportunities well-aligned to our investment strategy across consumer, services, technology, and select sub-sectors in healthcare. Siddharth brings with him a wealth of relevant investment origination and execution experience, as well as an in-depth understanding of the Indian market,” voiced Daniel Tan, Head of Asia at Permira.
Permira’s operations are underpinned by business principles by which all employees are expected to act. As part of the formalization of its ESG initiative, Permira has reviewed these policies at an organizational level.
