Rupen Jhaveri, 37
Managing Director, Private Equity, KKR India
Previous Rank :
Jhaveri is a man of many parts. He is a former state-level tennis player and captain of the Cricket Club of India team. But what he does best is strike deals. Since 2009, he has played a key role in KKR’s investments in Alliance Tire Group (ATG), Dalmia Cement, Max Financial Services, Emerald Media, Magma Fincorp, HDFC Ltd, Ramky Enviro Engineers, SBI Life Insurance, and Bharti Infratel. In 2016, KKR India, one of the most successful PE firms in the country, exited ATG, making $1.5 billion—one of its largest exits. Last year, Jhaveri was instrumental in KKR’s acquisition of Ramky for about $530 million in a deal which valued the company at $925 million. “We are currently seeing buyout opportunities across sectors,” says Jhaveri, adding that the focus is on financial services, IT services, pharmaceuticals, healthcare, consumer durables, industrials, and infrastructure. When not finalising deal term sheets, Jhaveri reads biographies and books on international relations, sports, and history. He is currently reading Who Rules the World by Noam Chomsky.