Udai Dhawan

Udai Dhawan is a Founding Partner and Head of India Private Equity at Affirma Capital, and is based in Mumbai.

Prior to Affirma Capital, Udai was Managing Director and Head of India for Standard Chartered Private Equity (SCPE). Having joined SCPE in 2008, Udai was responsible for building the India franchise and was involved with several of the fund’s investments including Endurance, Fortis Healthcare, GMR Airports, Interglobe, Northern Arc Capital, Prime Focus, Prodapt, Redington, Sterlite Powergrid, Travel Boutique Online, Tirupati Medicare and Varun Beverages.

Prior to SCPE, Udai worked for over a decade in corporate investing, M&A and corporate finance, across India and the United States with JP Morgan, Sabre Inc., Kotak Mahindra Capital and Arthur Andersen. Udai has 24 years of financial services experience, and has also previously served on the Executive Committee of the IVCA, India’s premier private equity industry body.

Udai has an MBA from the Wharton School, University of Pennsylvania and is also a chartered accountant from the Institute of Chartered Accountants of India


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