People Digest: Carlyle names Aditya Puri as advisor; Eight Roads appoints new partners

Aditya Puri. Photo: Reuters

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.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.