Dr. Anand C. Burman
Co-Founder & Chairman
Dr. Anand Burman is one of India's leading industrialists and Chairman of the Dabur Group, a diversified USD $8 billion market capitalization FMCG conglomerate with business in healthcare, personal care and food products. Dr. Burman has an outstanding track record as a healthcare operator in running enterprises and achieving high return exits, and his deal networks penetrate the most senior levels of business and government in Southeast Asia, particularly India.
Dr. Burman also currently serves as Chairman of Dabur India Limited and the Confederation of Indian Industry (CII) National Committee on Biotechnology. In addition, he is a Director for Fresenius Kabi Oncology Ltd., Aviva Life Insurance Co. India Ltd., Dabur Research Foundation, and Hindustan Motors Limited. Dr. Burman is also a member of the Council of Governors at Birkbeck College at the University of London.
He received his Bachelor of Science in Chemistry from the University of Wisconsin, USA, and his Master of Science in Chemistry and Doctorate in Pharmaceutical Chemistry from the University of Kansas, USA.

 

Mr. Ajay Kumar Vij
Co-Founder & CEO
Ajay Kumar Vij was formerly the CEO of Dabur Pharma, a fully integrated global pharmaceutical company which he successfully built up over 13 years into one of the world's largest specialty oncology groups that operated in 40 countries around the world including USA, Europe, Latin America, and the Asia Pacific region. He was instrumental in selling the company to European healthcare major Fresenius for over USD $360 million in 2008. He has broad exposure to the Asian healthcare sector and has wide experience in identifying promising business opportunities, developing a growth strategy and implementing profitable exits.
Ajay serves as Non-Executive Director in Dabur Research Foundation, Althea Lifesciences Limited and Famy Care Limited.
Ajay is a member of the Young Presidents' Organization (YPO).
He holds a MBA and Bachelor degree in Science from Punjab University, Chandigarh, India.

 

Sameer Wagle
Managing Director
Sameer joins the Fund from Nomura Securities where he headed the India team for their Prop book Private Equity division. He has an overall 22 years of investing and operating experience including over 18 years in the Private Equity / Venture Capital space across leading Indian and International platforms like Nomura, IL&FS, Vertex Management and GVFL.
During his PE career, Sameer has invested in and worked closely with a number of companies & entrepreneurs in the Consumer services and Technology sectors in India and South East Asia. He has extensive experience in deal origination, due diligence, deal execution, exits and portfolio management including working with early stage portfolio companies in areas like corporate strategy, business development, M&A and new business initiatives.
Prior to his VC experience, Sameer had operational assignments at two Indian engineering companies viz - Crompton Greaves and DGP Windsor.
Sameer is an Electrical Engineer from the University of Pune, an MBA from SP Jain Institute of Management and Research, and a Chartered Financial Analyst (CFA) from the CFA Institute, US.
Sameer is closely associated with and is on the Investment Committee of Aavishkaar, India's first Social Venture Capital firm. He is also involved with Takshashila an Independent networked think tank on India's strategic affairs

 

Mr. Shailendra Tandon
Operating Partner & CFO
Shailendra Tandon was formerly the CFO of Dabur Pharma Limited. His experience of over three decades is a rich blend of Business Strategy & Operations, M&A, Corporate Finance and HR in multi-nationals (ICI, Bausch & Lomb and Carrier Aircon) as well as large Indian companies (Indo Rama and Escorts) at leadership level.
He has served as a member of Boards, member of Management Committees, member of Audit Committees, shared responsibility for delivering bottom lines in various businesses and has mentored business management teams. He has served as a member of Boards, Management Committees, Audit Committees, Corporate Director and CFO.
As a well rounded business manager with strong commercial acumen, he has in his previous assignments shared responsibility for delivering bottom lines in various businesses, dealt with board level and corporate issues and has mentored business teams. He has structured complex business transactions including partnerships and JV agreements both domestic and international.
He understands well the psyche of Indian promoters and has experiential knowledge of the working dynamics of multinational companies. His collaborative approach together with unwavering focus on the end objectives, mature judgment and decisive thinking make him an astute dealmaker. He has been the lead negotiator in many situations: with business promoters/ owners and investment bankers for purchase and sale of businesses; with potential and existing JV partners; with project vendors; finance lenders; worker union representative and other business professionals.
He has a proven track record of successful corporate transactions, which includes sale of Fertiliser and Fibers business of ICI in 1994, restructuring of Bausch & Lomb India to segregate Rayban business from the core business in 2000, demerger of the textile business of Indo Rama into a separate company in 2003, sale of Escorts Heart Hospital in 2005 to the Fortis group and sale of Dabur Pharma Limited in 2008 to a European healthcare company, Fresenius Kabi Plc.
He has brought order and organisation to many situations by building cohesive teams and systems orientation. He brings to the table experience of diverse work cultures having worked in different parts of India and experience that has been gained during his extensive travels overseas.
He holds a Bachelor degree in Science from Lucknow University, UP India and is a Chartered Accountant from the Institute of Chartered Accountants of India.