Investcorp, a global provider, and manager of alternative investment products has announced the appointment of Harsh Shethia as Head of its business in India. Shethia has been with Investcorp for nearly 19 years. He joined Investcorp from Goldman Sachs London, and has held different roles and responsibilities. His past leadership roles within the firm include Chief of Staff for President of Gulf Business, Country Head for Oman, Product Specialist for Credit and Real Estate in US & Europe, Head of the Client Servicing team, and Head of Business Analysis and Reporting. In his new role, he will focus on business development for Investcorp India. He will be reporting directly to Investcorp Group’s Co-Chief Executive Officer, Rishi Kapoor.

Commenting on the appointment, Kapoor said, “Harsh’s appointment comes at an exciting juncture for Investcorp in India. His long association and experience across a diverse suite of roles at Investcorp have positioned him well for spearheading our business development activities in India. Under his leadership, our large and growing team of professionals in India will help realise the firm’s aspirations for growth in this important market. We look forward to leveraging Harsh’s global expertise as we continue to capitalize on the attractive investment opportunities within the mid-market segment in India.”

Shethia said, “I am honored to be leading a highly qualified team of seasoned local investment professionals in Investcorp’s next growth phase in India. I look forward to working together with and supporting passionate entrepreneurs delivering quality solutions to the Indian mass market, while unlocking sustainable long-term value for our investors. We believe India is well-positioned to benefit from the increased adoption of tech-enabled business models, and I am excited to explore the new business opportunities presented by these themes.”

Shethia holds a MBA from Carnegie Mellon University and has a BSc degree in Computer Science.

In India, Investcorp is an active investor in mid-market companies across consumption-linked sectors and in the real estate business. In the private equity space, Investcorp targets opportunities across the consumer tech, healthcare, financial services and technology sector. Recently, Investcorp announced its tenth investment in India with the acquisition of Unilog. The firm’s other investments include InCred, ASG, Zolo, Citykart, Intergrow Brands, Bewakoof.com, NephroPlus, FreshToHome and XpressBees.