Masayoshi Son’s SoftBank Group has appointed Sumer Juneja as the next India Head. Juneja is currently a partner at Mumbai-based Norwest Venture Partners and sits on the board of a food-delivery service startup- Swiggy. At Norwest, Sumer serves as an advisor on growth equity investments in Indian companies across a wide range of sectors, including telecom, technology, financial services, infrastructure, and manufacturing.
Kabir Misra, who launched his own RPS Investment Fund, till recently led SoftBank’s India investments.
It is reported that Juneja will work with the team at SoftBank’s Vision Fund and report to Munish Varma, a London-based partner at SoftBank.
Earlier it was reported in media that Egon Zehnder had been tasked by Softbank to help find suitable candidates for the role of India's head.
Juneja comes with an experience of over 14 years and started his career as an Investment Banking Analyst at Goldman Sachs. He was also a founding member of the Goldman Sachs’ Asian Special Situations Group in India, a balance sheet investing group with over $4 billion under management. His experience also included the acquisition of Paladin Resources by Talisman Energy, acquisition of Domnick Hunter by Parker Hannifin and advising Thames Water, a UK water utility, on the divestiture of its international assets valued at over $2 billion. He completed his Bachelor of Science Degree in Politics and Economics from the London School of Economics.
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