GCA Savvian Corporation, an investment bank based in Japan and the US, has appointed Sameer Jindal to lead its operations in India. Jindal, who is a managing director at GCA Savvian office in San Francisco, has moved to Mumbai to help the firm expand its operations in India.
Jindal has been appointed on the board of GCA Savvian India Pvt Ltd, a wholly owned subsidiary of the Japan-listed company. The company will primarily focus on the merger and acquisition (M&A) advisory business besides private equity fundraising.
"As we continue our global expansion, India is one of the most important geographies with its massive scale and attractive demographic trends," said a statement. "Having Sameer stationed in Mumbai demonstrates GCA Savvian's commitment to the Indian market, and enables us to provide strategic advice to Indian companies as well as those global firms looking at entering or expanding in the Indian market."
GCA Savvian has been active in India for the last several years being advisor on deals such as Japanese stationary and furniture major Kokuyo’s acquisition of Camlin and Mitsui's stake purchase in Arch Pharmalabs. It had a partnership with local investment bank Kotak Mahindra Capital which was called off last year.
Jindal, who is focused on the TMT (technology, media & telecom) space, has more than 15 years of experience in M&A, divestitures, carve-outs and cross-border transactions. Prior to GCA Savvian, he was a vice president in the mergers & acquisitions group at JPMorgan and also worked at Credit Suisse and Thomas Weisel Partners.
Jindal also has engineering and software experience at technology companies, including Qualcomm. He is an MBA from The Wharton School of the University of Pennsylvania and a B Tech from the Indian Institute of Technology, Bombay.
(Edited by Joby Puthuparampil Johnson)