Quick, Who Is Subhash Bagaria?
Don’t rack your brain. He is a 53-year old serial investor based in Bangalore and one who is thinking big. He has just acquired a manufacturing plant owned by MNC pharma giant Pfizer in Sweden for an undisclosed sum. Bagaria runs Kemwell Pvt Ltd, a $11 million contract manufacturing company. By the way, Bagaria is not completely unknown. He has served as director on the board of ReaMetrix, a company founded by Bala S Manian, a Silicon Valley-based entrepreneur, and venture investor.
The Swedish facility makes active pharmaceutical ingredients, and finished drugs. It employs 170 people. Kemwell formulates liquid orals, tablets, ointments, and external drops. It employs 300 people. Even small Indian entrepreneurs are going global. (Via The Times of India)
