TVM Capital Healthcare Partners, the MENA region’s first private equity firm dedicated exclusively to the healthcare sector, has announced the addition of Sudhir Bahl as an Executive-in-Residence and Director India. The appointment comes after TVM Capital Healthcare Partners recently rebranded to reflect the expansion of its investment geography beyond the MENA region and announced its intention to invest up to US$100 million in India over the next three to five years.
TVM Capital Healthcare currently owns IVF chain Bourn Hall International at two locations in India. As an Executive-in-Residence, Sudhir has been assigned to contribute to the development of the portfolio companies in both regions and more specifically to build the firm’s new presence in New Delhi. He will also be the first port of call for Indian entrepreneurs and management teams seeking growth financing from TVM Capital Healthcare.
“Sudhir Bahl has shown to be a person with vision, strategic thinking, positive attitude, high level of energy and an unwavering focus on mentoring and people development. This is why we wanted him to join our firm. He is also a healthcare domain specialist with over twenty one years of experience in India and the Middle East region. He comes with an understanding of the complete healthcare ecosystem which, in times of dramatic change in the healthcare systems in our region and the increasing integration of care, as well as ubiquitous cost pressures, is an extremely important element of success,” added Dr. Helmut Schuehsler, Chairman and CEO of TVM Capital Healthcare Partners.
In the last five years Sudhir has served on the board of six healthcare companies in their growth stage and worked closely with executive management teams to achieve growth objectives while creating sustainable organisations. In 2011, Sudhir was a co-founder, CEO and board member of Irene Healthcare Pvt. Ltd. He was also part of the senior management team as President and COO at Nova Specialty Surgery – a chain of day surgical and IVF centers with operations in India and Middle East, and as founder Director and COO of IVEN Medicare India Limited, an ICICI Venture portfolio company.