Ankit Agarwal heads the Telecom Products division at Sterlite Technologies. This includes the Optic Fiber, Optic Fiber cable, Fiber connectivity and Copper cable products.
He has been instrumental in expanding the global footprint of the Telecom business by successfully executing and managing Joint Ventures in China and Brazil. In addition to Join Ventures, he is also responsible for executing strategic opportunities such as Mergers and Acquisitions and Greenfield projects globally for Sterlite.
Prior to Sterlite, Ankit led the Corporate Strategy of Vedanta Resources and played a key role in Vedanta’s strategic transactions including its $8.6 billion acquisition of Cairn India, and $2.6 billion bid for ASARCO. As an Analyst at the Investment Banking division of Deutsche Bank (London) prior to his stint at Vedanta, he played a significant role in cross-border transactions such as Tata Steel’s acquisition of Corus for US$12 billion & Eurasian Natural Resources $2.7 billion IPO.
Ankit also has an active interest in the Angel investment space and is a member of Indian Angel Network and LetsVenture. He has currently invested in 8 startups including POSist, ShepHertz, Freshworld etc.
Ankit holds a Bachelors degree from University of Southern California and an MBA degree from London Business School.