Ascent Sigmax
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Board of Directors

Members behind success of Ascent

Rajiv Mistry
Rajiv Mistry
RajivMistry

Education

Rajiv, an electronics and telecommunication engineer by qualification started Ascent in 1991.

Role & Involvement at Ascent

Under his able leadership and self-belief, brand Flamingo has stepped into new geographies as well as grown from a single product brand to becoming the umbrella brand of 350 products across categories. At Ascent, he is overlooking areas of special project, organizational transformation as well as new growth opportunities.

Place of Stay

Mumbai

Interest & Hobbies

He has keen interests in music, interacting and meeting with new people.

Mahesh Joshi
Mahesh Joshi

Education (Graduation & Post Graduation)

Mahesh has an MBA from the Indian Institute of Management Calcutta and a Bachelor of Technology (Computer Science) from Jawaharlal Nehru Technological University College of Engineering in Hyderabad.

Role & Involvement at Ascent

Provides oversight on key financial and strategic matters. Mahesh draws on his experience from IDFC Alternatives Limited, India’s leading multi-asset class investment manager, where he sourced and managed investment opportunities in the consumer, healthcare and media sectors, gaining significant knowledge of the Indian healthcare market. Previously, Mahesh worked at Darby, a leading investor in emerging markets private equity and mezzanine debt, where he was part of the Indian investment team responsible for Franklin Templeton Private Equity Strategy and Darby Asia Mezzanine Fund II. Earlier, Mahesh gained experience in equity research at Edelweiss and Clear Capital.

Place of Stay

Mahesh is based in Singapore, where he serves as an Associate Director at LeapFrog investments, leading emerging markets investors in healthcare and financial services.

Michael Fernandes
Michael Fernandes
Michael Fernandes

Education (Graduation & Post Graduation)

Michael has studied at the Indian Institute of Management Calcutta, having previously earned a Bachelor’s Degree in Economics from St Xavier’s College.

Role & Involvement at Ascent

Michael provides strategic insights as a board member, drawing on his extensive experience in the Asian healthcare sector. As the former Country Head for India for Khazanah Nasional, Malaysia’s sovereign fund, Michael led the global healthcare team, also focusing on financial services and infrastructure. He managed the Khazanah healthcare portfolio, ranging from hospitals to health insurance providers, that was consolidated under IHH Healthcare and listed in Singapore for a $7 billion valuation. Previously, Michael led the $250 million global custom manufacturing business for the Piramal Healthcare Group, focusing on global acquisitions, business development, supply chain management and talent. Michael was a partner and spent 12 years with McKinsey & Co, where he focused on healthcare and consumer sectors across South and Southeast Asia, and also worked out of the firm’s offices in the UK, Singapore, Israel and South Africa.

Place of Stay

Michael is currently based in Singapore, where he serves as a Partner of Leapfrog Investments, a leading emerging markets healthcare and financial services investor. Michael co-leads LeapFrog’s work in South and Southeast Asia, and co-leads LeapFrog’s healthcare investments globally.