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 in Dubai 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 $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.
Says Dr. Helmut Schuehsler, Chairman and CEO of TVM Capital Healthcare Partners: “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.”
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 organizations. 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. From 2004 to 2007 Sudhir worked as Vice-President for Apollo Hospitals Enterprise Limited where he led the Primary Care Clinics business in North and West India.
He was part of the senior team leading international projects and consulting business with focus on the Middle East and KSA markets. Sudhir started his career in GE Healthcare in 1992 and worked there for eleven years. He was a part of the prestigious TLP (Technical Leadership Program) and handled multiple assignments leading change management in the organization. Sudhir is an Electronics Engineer and an MBA with specialization in International Business Management. He is also a GE Certified SIX SIGMA (Green Belt) for Process and Performance Improvement and has attended a JCI Practicum Program.