Parag has 24 years of experience across private equity investing and fund management, as well as operating experience in project finance, management audit and commercial control. Prior to NIIF, he spent 15 years with IL&FS Investment Managers, where he led PE transactions across sectors such as Power, Roads, Logistics, City Gas Distribution, Waste Management etc, and was instrumental in crafting exits by way of IPO, strategic sale and sale to global PE players. He started his journey with IL&FS Investment Manager as a Manager and eventually rose to the position of Senior Vice President, heading the Infrastructure Private Equity vertical at the firm.
Parag also gained over 5 years of operating experience with Schoolnet India, an education technology company. Prior that, Parag started his career in 1996 with the Mardia Group, a manufacturing focused conglomerate.
Parag is a rank holder Science Graduate from University of Delhi and holds an MBA from University of Indore.