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Our people collectively have expertise in various fields of corporate finance including Investment Banking, Taxation, Risk Management and Capital Markets. The team’s experience spans various sectors such as Infrastructure, Real Estate, Textile, Energy, Metals, Healthcare, Chemicals, Shipping, Financial Services, IT, Agro and Paper.
Mr. A. P. Verma stands as a distinguished figure in the realm of Investment Banking, boasting an impressive career that spans over four decades. With a wealth of experience, he has notably held the esteemed positions of Managing Director and Chief Executive Officer at SBI Capital Market Limited, the investment banking arm of India’s largest bank. Beyond his pivotal role at the Clearing Corporation of India Limited as an Additional Director, Mr. Verma continued to contribute his expertise to the financial industry, serving as an Advisor to State Bank post-superannuation.
Currently, his influence extends to the Advisory Boards of several domestic and multinational companies, spanning diverse sectors including manufacturing, services, and finance. His extensive knowledge and strategic insights make him an invaluable asset in navigating the complexities of the ever-evolving business landscape.
Advisory Board (Bengaluru)
Mr. Nageshwar Rao boasts an extensive career spanning over 36+ years in the Banking Industry, marked by significant contributions to prominent institutions. His distinguished service includes roles at Vijaya Bank, Syndicate Bank, and culminating in retirement as an Executive Director from Bank of Maharashtra. Most recently, RBI appointed him as the Administrator of Reliance Capital.
Throughout his career, Mr. Rao has demonstrated a proactive approach by spearheading various initiatives across different verticals of the bank. These efforts have consistently yielded positive results, fostering tangible improvements in branch business transitions from Small to Medium and Medium to Large categories. His strategic leadership has not only enhanced operational efficiency but has also garnered laurels and accolades for the institutions he served.
A graduate in Commerce from Nagarjuna University, Mr. Nageswara Rao combines academic acumen with practical expertise. His commitment to professional development is evident through his certification as a Certified Associate of the Indian Institute of Banking and Finance (IIBF), showcasing a dedication to continuous learning and staying abreast of industry standards.
Board Member (Mumbai)
Mr. T. R. Bajalia, a distinguished figure in the Indian banking sector, commenced his career in 1974 at Bank of India post which he joined IDBI in 1983.
Throughout his extensive career, Mr. Bajalia assumed pivotal roles that showcased his expertise and leadership. Notably, he served as the Deputy Managing Director at the Small Industries Development Bank of India (SIDBI), contributing to the growth and support of small-scale industries. His tenure as an Executive Director at IDBI Bank further highlighted his strategic vision and impact on the institution.
Within IDBI Bank, Mr. Bajalia held the position of Principal Officer, emphasizing his crucial role in overseeing key operational aspects. Additionally, he served as a Director at SIDBI, demonstrating his multifaceted contributions to the banking sector.
An esteemed professional, Mr. Bajalia was appointed as a Member of the Committee by the Reserve Bank of India (RBI) for the restructuring of cases with exposures less than Rs.100 million. This underscores his national recognition and involvement in critical financial matters, reflecting his commitment to regulatory standards and systemic improvement.
Advisory Board (Chandigarh)
Mr. Vipul Singla is a banking professional with an impressive career spanning over 37 years in the Banking Industry. His journey began in 1982 when he joined Allahabad Bank as a Probationary Officer, showcasing a commitment to a long and impactful career in the financial sector. His tenure culminated in April 2019 when he retired from the bank as a General Manager.
Throughout his extensive career, Mr. Singla played a crucial role in shaping the operations of Allahabad Bank across diverse regions of the country. His leadership was instrumental in overseeing the bank’s activities in the western, eastern, southern, and north-eastern parts of India, contributing to the institution’s growth and efficiency.
In terms of education, Mr. Vipul Singla holds a Master of Arts degree in Economics from Punjab University, showcasing his strong foundation in economic principles. Additionally, he has pursued a Master of Business Administration with a focus on Finance from IGNOU, Delhi, highlighting his commitment to continuous learning and expertise in financial management.
Mr. G. H. Sarangi is a banking professional with a remarkable career spanning 36 years, marked by expertise in various facets of commercial banking. His specialization includes Credit Administration, Credit Processing, Credit Monitoring, NPA Management, Asset Recovery, MSME Credit, Corporate Credit, and Foreign Exchange.
Mr. Sarangi retired as a General Manager from Bank of India, leaving a legacy of excellence in the Head Office. His progressive history of achievements extends across diverse roles within Commercial Banking, showcasing his versatility and comprehensive understanding of the industry.
During his tenure, Mr. Sarangi held key positions such as Head of Rural, Semi-Urban, Urban, and Metro branches, indicating his proficiency in managing banking operations across different settings. His exposure in Credits, Foreign Exchange, and Corporate Banking further solidifies his credentials as a well-rounded banking professional. Additionally, Mr. Sarangi served as Zonal Head and Head of the Recovery Department in the Corporate Office of the Bank, demonstrating his capabilities in strategic leadership and handling critical aspects of the banking business.
Advisory Board (Mumbai)
Mr. Mayank Shah brings over 38 years of invaluable experience in the financial industry. Throughout his illustrious career, he has held pivotal roles across various branches and administrative offices, showcasing his versatility and depth of expertise.
His journey has encompassed significant contributions in departments such as the International Division, Credit Department, Transaction Banking Department, and I.T. Department. This diverse exposure underscores Mr. Shah’s comprehensive understanding of the multifaceted aspects of investment banking.
In addition to his diverse roles, Mr. Shah has served as the Senior Regional Manager in both Chennai and South Mumbai, demonstrating his leadership capabilities in managing operations across different regions. His tenure as the General Manager (SAM & RECV) at Central Bank of India’s Central Office in Mumbai further attests to his strategic acumen and proficiency in overseeing critical functions.
Beyond his responsibilities within the banking sector, Mr. Mayank Shah has extended his influence by serving on the boards of reputed domestic companies.
Mr. Praveen Kumar Anand is a seasoned veteran in the field of investment banking, boasting an impressive career spanning over 37 years.
Mr. Anand’s tenure included a prominent role as General Manager with Punjab National Bank, a position that reflects his senior leadership and strategic responsibilities within the organization. His experience includes serving as Divisional Head, Circle Head, and Zonal Head, showcasing his proficiency in managing different levels of operations and leading teams.
Notably, Mr. Anand actively participated in the restructuring of large Non-Performing Asset (NPA) accounts. His involvement in handling distressed situations in the Power and Steel sectors underscores his ability to provide dynamic and effective solutions, including both fresh exposure and restructuring of stressed accounts.
Mr. Anand’s expertise extends to his active participation in different committees focused on the resolution of stressed assets within the bank. This involvement reflects his commitment to finding strategic solutions and contributing to the overall financial health of the institution.
Managing Director
With a Managing Director of Kanchansobha, Mr. Akshay Jain has been serving the past six years, where his leadership has significantly contributed the company’s notable achievements and elevated its standing in the industry. He has extensive experience in M&A, debt and equity syndication, and corporate restructuring. His expertise extends to working on transactions involving large global corporations and partnerships.
Previously, Mr. Jain has worked as an Investment Banker in Goldman Sachs and Co., in New York, where he worked on various high-profile deals and cross-border transactions. He has also worked as an Economist at Total SA in Paris in the past.
In terms of education, Mr. Akshay Jain earned a B.Tech and M.Tech in Chemical Engineering from IIT Kanpur in 2009. Furthering his academic pursuits, he completed a Master’s Program in Petroleum Economics and Management at IFP School in France in 2011. His educational journey culminated with an MBA from the Kellogg School of Management in the United States in 2016.
The combination of Mr. Jain’s extensive professional experience and diverse educational background highlights his multidimensional approach to Investment banking and positions him as a valuable asset in the complex world of global finance.
Chief Operating Officer
Mr. Nutan Goyal brings over 13 years of valuable experience to the realm of Investment Banking, demonstrating expertise in various financial domains. His leadership has been pivotal in managing assignments related to Corporate Debt Restructuring, Term Loan and Working Capital Raising, as well as Venture Capital Raising.
Specializing in the execution of financing and restructuring deals, Mr. Goyal has fostered close collaborations with banks and institutions. His hands-on approach and comprehensive understanding of financial intricacies have contributed to the success of these ventures.
Mr. Goyal’s impact extends across a diverse array of sectors, showcasing his versatility. He has worked with clients in Automobiles, Engineering, Hospitality, Infrastructure, Pharmaceuticals, Power, Textiles, Real Estate, Telecom, Sugar, and more. This broad exposure underscores his ability to navigate and provide strategic financial solutions across a spectrum of industries.
He is a Cost and Management Accountant (CMA) and Management Post Graduate (PGDBM).
With a qualified Chartered Accountant and Company Secretary, Mr. Roshan Jain is a part of the Investment Banking team where he actively engages in diverse assignments related to Corporate Debt Restructuring, Debt Syndications, Distress Advisory, and broader Investment Banking initiatives.
His role involves overseeing the entire value chain of Debt Syndication transactions, Project Finance, and Debt Resolution transactions. This encompasses various crucial aspects such as financial analysis, financial modeling, preparation of Teasers and Information Memorandums (IMs), and managing relationships with lenders including Banks, NBFCs, and FIs. His comprehensive approach also involves direct interactions with clients.
Mr. Jain’s professional profile is distinguished by his strong analytical and communication skills, essential attributes in the complex landscape of Investment Banking. His ability to navigate intricate financial transactions and effectively communicate with stakeholders positions him as a valuable asset in the realm of corporate finance and debt restructuring.
Assistant Vice President
Simran Gupta is a Chartered Accountant with over five years of experience spanning risk advisory and debt syndication. She began her professional journey with Grant Thornton, where she spent three years in the Risk Advisory Services division. During this time, she worked with clients in the pharmaceutical, EPC, and manufacturing sectors, developing a strong foundation in internal controls, risk management frameworks, and process improvement initiatives.
For the past two years, she has been an integral part of the debt syndication and resolution team at Kanchansobha. She has played a key role in raising funds for NBFCs, manufacturing entities, and real estate companies. Her responsibilities include leading front-end engagements with banks and clients, facilitating debt settlements, managing debt assignments to Asset Reconstruction Companies (ARCs), and providing end-to-end support throughout the IBC process—both at the company level and for personal guarantors.
She has worked across a range of industries including textiles, food processing, and EPC, contributing valuable insights and execution capabilities to each assignment. Her ability to navigate complex financial situations, coupled with her collaborative approach and strong relationship management skills, makes her a vital member of the team.
Aagam Gandhi is a qualified Chartered Accountant and a Chartered Financial Analyst and brings a wealth of experience in Investment Banking, Debt Syndication and Mergers and Acquisitions.
He has 3+ years of experience in handling Statutory audit, Tax audits and GST audits of listed and unlisted companies with a Big4 firm. His major exposure has been in the industries of Banking and Investment Management.
Currently as a part of the investment banking team, he actively engages in assignments related to Corporate Debt Syndication, Mergers and Acquisitions and Debt Restructuring, where he interacts with lenders (Banks & NBFCs) and clients. His strong financial and analytical skills further contribute to the success of these financial transactions.
Varun Deshpande is a Chartered Accountant with around two years of work experience as a Direct Tax Consultant with Ernst & Young (EY) within their Tax and Regulatory Services practice. During his tenure at EY, he advised International PE funds and Listed Entities in M&A and Strategic Deal Structuring gaining extensive experience across domestic and cross-border transactions.
He has a proven track record of advising clients on high-value fundraising, acquisitions, and exits, with a strong focus on maximizing value, ensuring regulatory compliance, and aligning stakeholder interests to drive sustainable growth.
Combining technical expertise with strong problem-solving abilities, he ensures precise and effective execution of every project. This approach consistently addresses client needs with clarity and efficiency.
Analyst
Mr. Mohit Taneja is a CFA Charterholder. He holds a Bachelor’s degree in Mechanical Engineering from DIT University, Dehradun.
He has around 2 years of experience at Acuity Knowledge Partners, a finance KPO, where he supported a Bulge Bracket Investment Bank’s front-end operations in the Indian market. His work included supporting live IPO and block equity trade deals, as well as US operations for another international investment bank.
Previously, he worked around 1 year in investor relations at Valorem Advisors in Mumbai. In this role, he handled three clients: Bharat Wire Ropes, Tinna Rubber & Infrastructure, and Sintercom India. He was responsible for complete fundamental research on companies, industries, and peers, and for sharing these insights with buy-side and sell-side analysts.
He combines strong analytical skills, evident in his comprehensive fundamental research and deal support, with effective communication. He excels at synthesizing complex financial data and articulating insights to diverse stakeholders.
Analyst
Pragya Jain is a Chartered Accountant and holds a Master’s degree in Commerce (M.Com), bringing a strong academic foundation and practical experience in finance and compliance. She began her career with Desai Associates and P.K. Ajmera & Co., where she gained hands-on experience in statutory audits, tax audits of corporate entities, limited reviews of listed companies, and compliance with the Companies Act.
Currently, she is part of the debt syndication and resolution team at Kanchansobha. Her responsibilities include assisting in the preparation of funding proposals, analyzing financial models, and preparing detailed transaction notes based on comprehensive analysis of clients and their funding requirements. Her structured approach, attention to detail, and understanding of financial documentation make her a reliable contributor to the firm’s transaction execution and client service efforts.
Pragya’s combined background in audit and debt advisory enables her to approach each assignment with both regulatory insight and financial analysis skills.
Currently a CFA candidate, Mr. Jayant Raval has also completed a Certification in Investment Banking from The WallStreet School, New Delhi. He holds a Bachelor’s degree in Commerce from H. R. College of Commerce & Economics, University of Mumbai. He brings a diverse background in financial research, investment analysis, and business development across the infrastructure and financial services sectors.
Prior to joining Kanchansobha Finance Private Limited, he worked as an Analyst at Axience Consulting Private Limited, a global financial research and consulting firm. There, he worked with US-based Private Equity firms on cross-border M&A deals and supported global investment institutions across the US, Middle East, and Europe. His work spanned credit evaluation, financial modelling, IPO valuation – including a Saudi firm’s listing on the Tadawul Stock Exchange, and investor presentations, with a focus on infrastructure and private market assets.
Earlier, Mr. Raval served in the CMD’s Office at Heritage Infraspace India Limited, a leading EPC construction company specializing in geotechnical engineering. He led strategic partnerships, co-established the company’s presence in South India, and independently closed high-value infrastructure deals, including a $6.3 million flagship project in Bengaluru and the successful tender bidding for the Parliament Building – Central Vista project in New Delhi.
His experience spans sectors such as infrastructure, mobility, e-commerce, and renewable energy. With a hands-on understanding of cross-border deal execution, financial modelling, and investor communications, Mr. Raval brings a research-driven, solution-oriented, and execution-focused mindset to every mandate.
Analyst
Daksh Talwadia is a Chartered Accountant with over 2.5 years of experience in financial services and regulatory sectors. He began his career at Ernst & Young (EY) as an Indirect Tax Consultant, gaining valuable insights into regulatory frameworks and compliance. He has also completed an advanced certification in Valuation and Financial Modelling, enhancing his financial analytical skills.
Currently, He is a key member of an investment banking team, specializing in debt syndication and resolution. He works with Non-Banking Financial Companies (NBFCs) focusing on gold, vehicle, and housing loans. His responsibilities include structuring debt deals, navigating complex resolution processes under the Insolvency and Bankruptcy Code (IBC), and providing strategic input for Corporate and Personal Insolvency Resolution Processes (CIRP and PIRP). He also attends NCLT hearings and provides end-to-end client support in resolution matters.
In addition to his core responsibilities, He actively contributes to business development by identifying growth opportunities and strengthening client relationships. His combination of technical knowledge, problem-solving skills, and practical approach ensures thoughtful, clear, and precise execution of every assignment, effectively addressing client needs.
Customized solutions in the space of Debt Resolution, Debt Syndication, Corporate Advisory, and Mergers & Acquisitions.