Jagannath is a Partner at Ventureast and leads the Ventureast Life Fund’s investments in the healthcare, pharma, digital-health and cleantech businesses. He has extensive experience in the PE space, as well as in project finance and corporate banking.
Prior to joining Ventureast in 2010, Jagannath was with Advaita Energy Advisors, a PE fund focused on energy investments. At Advaita, he was responsible for identifying investment opportunities in Indonesia and Australia. He was specifically involved in investing in two coal mines – one a two billion ton coal mine in Indonesia and the other a potentially 30 billion ton coal mine in Northern Australia. Earlier, Jagannath was the CFO of Naturol Bioenergy Ltd, India’s first fully integrated biodiesel plant that successfully shipped biodiesel to Europe, complying with their stringent standards. He was instrumental in raising $35 million from Private Equity players (including Ventureast) and banks.
Jagannath brings with him extensive experience in project finance and corporate banking gained through his 11 year stint with ICICI Bank as the zonal head of corporate banking business for the southern region. This gave him an opportunity to work with leading companies in the region for structuring financial solutions to their requirements.
Jagannath holds a Bachelor of Engineering degree from the Osmania University in Hyderabad, India, and an MBA from the Indian Institute of Management, in Lucknow, India.