MIAMI and HYDERABAD, India,
May 8,
2024 /PRNewswire/ -- Global private investment
firm, Bridgewest Group, recognized for developing innovative
companies in life sciences, software, and deep tech, announce
formation of new Global Capability Center, Bridgewest India, and
new General Manager and India Head Laxman
Settipalli.
"Laxman has operational, tech and people
management skills that are spot-on for this important strategic
investment."
Settipalli will spearhead the establishment and growth of the
center, driving operational excellence, and fostering innovation in
support of the firm's global investment strategy. Settipalli has a
proven track record in creating and nurturing robust operational
resources, driving business processes, automation, and
transformation. He is acknowledged as a Techno-functional,
organizational, and Agile leader with over 20 years'
experience.
"We're delighted that Laxman has joined our team. He brings a
well-curated set of operational, technology and people management
skills that are spot-on for this important strategic investment,"
said Masood Tayebi, Founding Partner
and CEO for Bridgewest Group.
Laxman officially joined the team a couple of months ago.
Since that time, he has developed a deep understanding of the
complexity and vast opportunities within Bridgewest Group's global
organization. "I'm energized by the immense growth potential of
Bridgewest India. With my solid background in building and running
systems like our GCC, and serving over 30 companies simultaneously,
this is the perfect fusion. I am thrilled to take the helm of
Bridgewest India," said Laxman.
"The establishment of the Global Capability Center in
India underscores our commitment
to leveraging global talent and resources to drive innovation and
maximize value for our portfolio companies. It will serve as a hub
for harnessing the diverse skills and expertise of India's talent
pool to support operations worldwide," said Adam Gickling, COO, Bridgewest Group.
Laxman received an MBA (Leadership and Change Management) from
Indian Institute of Management Raipur (IIM), and an MS in
Information Systems and BS in Computers from Kakatiya
University.
About Bridgewest Group
Bridgewest Group is an
innovative and privately held global investment firm with over
$3B in private capital. Founded in
1999, the global firm has earned a long-standing reputation for
creating and scaling transformational businesses to achieve
outsized success. Bridgewest Group leverages its expertise and
global eco-community in key sectors where it can have the greatest
impact including Life Sciences, Software, Semiconductor and
Artificial Intelligence/Deep Tech. Customized financial investment
services and diverse real estate holdings augment equity assets and
support portfolio companies as they grow. Bridgewest Group is based
in the US, with investments primarily in the US, Europe, China, Australasia and India.
About Bridgewest India
BCM Management India Private
Limited, operating under the brand Bridgewest India, is the Global
Capability Center (GCC) for the $3B
private equity firm Bridgewest Group. As the center for operational
excellence, Bridgewest India spurs growth and innovation for
Bridgewest Group portfolio companies through its suite of scalable
operational resources, leveraging world-class talent and
leading-edge technology. With a customer-centric culture, people
and services are custom-tailored to companies spanning the globe,
from start-ups to mature businesses, insuring optimum growth and
cost efficiencies. Bridgewest India is headquartered in
Hyderabad India, a region
recognized as India's premier pharma, IT and innovation hub.
Media Contact: Jenny Bourbiel,
jbourbiel@bridgewestgroup.com
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SOURCE Bridgewest India