Global private equity major Carlyle has appointed former HDFC Bank managing director Aditya Puri as a senior advisor, while global investment firm Eight Roads Ventures has named two new venture partners.
Carlyle names Aditya Puri as advisor
Global private equity major Carlyle announced that it has appointed former HDFC Bank managing director Aditya Puri as a senior advisor in Asia.
Puri, a 70-year-old banking industry veteran, will advise the Carlyle team on investment opportunities across Asia. His guidance will extend across new opportunities and advising Carlyle’s investment professionals and portfolio management teams on building differentiated high-quality businesses, the firm said in a statement.
Puri was appointed as the first CEO of HDFC Bank when it was established in 1994. Previously, he spent 20 years at Citibank overseeing activities across India, Greece, Saudi Arabia, Hong Kong, Korea, Taiwan, mainland China, and Malaysia.
Eight Roads appoints new partners
Fidelity-backed global investment firm Eight Roads Ventures has named two new venture partners — Stephanie Robotham and James Ireson, to focus on SaaS investments in India and Southeast Asia, the firm announced last week.
“India is making a significant contribution to the global trend towards cloud adoption. We have seen examples of category-leading SaaS products emerging from India. At Eight Roads, we aim to bring global access and experience to our founders and believe go-to-market expertise in the US and Europe is of relevance to Indian and Southeast Asian founders in their cross-border scaleup journey,” Shweta Bhatia, Partner and Head of Technology Investments at Eight Roads Ventures in India said.
The investment firm already counts Icertis, Whatfix, Moengage, FarEye and LeadIQ among its SaaS portfolio in India.