Shweta Jalan: Makes It Look Easy

Shweta Jalan, Managing Director, Advent International, has made news in the private equity space. Jalan has been holding the top position at Advent International in India since 2009. She is also member of the senior team at the global private equity company. The global PE firm, is also reportedly, submitted a binding offers to buy a minority stake in Mankind Pharma Ltd.

Earlier, in 2015-16, under Jalan’s stewardship, the Rs 2,000 crore Crompton Greaves Consumer Electricals deal was closed, albeit after 24 months. Avantha Group sold its entire 34.37 per cent stake to Advent International and Temasek.

Advent International has also acquired Dixcy Textiles Pvt. Ltd selling innerwear brand Dixcy Scott. Avendus Capital was the financial advisor to the promoters of Dixcy.

The PE firm has also bought stakes in QuEST Global Services and ASK Group.

Jalan, who was born and brought up in Kolkata strongly believes in one mantra – stay strong.

Mahua Venkatesh

BW Reporters Over 20 years of experience. Writes on finance, economic affairs, banking and insurance. Past gigs: Hindustan Times, The Financial Express, Business Standard.