Shankar Narayanan is a Managing Director with the Asia Growth Capital team of global PE fund responsible for advising growth capital investments in India. He is based in Mumbai.
Mr. Narayanan has been in private equity since 1993 with the unique distinction of having run some of the investee companies as a CEO. He has on-the-ground work experience across the country which allows him to have a very practical perspective of growth prospects and challenges across industries.
Since joining the global PE fund in 2004, Mr. Narayanan has led and advised Carlyle on key investments such as Claris Lifesciences, Elitecore Technologies, Repco Home Finance, Tirumala Milk Products, Visen Industries, Value and Budget Housing Corporation, Edelweiss Financial Services, South Indian Bank, Infotech Enterprises; etc. Mr. Narayanan has also successfully delivered exits from Tirumala Milk Products, Cyberoam Technologies and Repco Home Finance (IPO). He was also actively involved in managing the fund’s investments and exits in Newgen Knowledge Works, Financial Software & Systems, Learning Mate Solutions, QuEST and Sharekhan.
Prior to joining the global PE fund, Mr. Narayanan spent six years at Hathway Investments in Mumbai and during that time served as Managing Director and CEO. He was also with Deutsche Bank Capital Partners, based in Hong Kong, as a Director covering South Asia and India. He was involved in a number of prominent private equity investments in India, including Johnson Tiles, Exide Industries, Hathway Cable, Asianet Satellite Communications, Pushpa Polymers, Tata Infomedia and AFL Limited and served on the Board of Directors of all these Companies.
Prior to Hathway Investments, Mr. Shankar Narayanan worked at Citibank in Mumbai. Mr. Narayanan received a Post Graduate Diploma in Management from XLRI Jamshedpur where he was a Gold Medalist standing first in the graduating class in the area of Finance & Accounting and a Bachelor of Technology degree in Civil Engineering from Indian Institute of Technology, New Delhi.
Mr. Narayanan is currently on the Boards of Elitecore Technologies, Infotech Enterprises and Newgen Knowledge Works. Previously he served on the Boards of key portfolios such as Repco Home Finance, Claris Lifesciences, Value and Budget Housing Corporation, Visen Industries, Financial Software & Systems, Tirumala Milk Products, Cyberoam Technologies, Learning Mate Solutions, Allsec Technologies, QuEST, Newgen Knowledge Works & Sharekhan.