MIAMI and HYDERABAD,
India, May 20, 2024 /PRNewswire/ -- Global
private investment firm, Bridgewest Group, recognized for
developing innovative companies in life sciences, software, and
deep tech, announce the grand opening of new operational Center of
Excellence in Hyderabad, India.
The Global Capability Center (GCC), Bridgewest India will bring
vast operational resources and economies of scale to the growing
suite of portfolio companies for worldwide private equity firm
Bridgewest Group.
"We celebrate a major milestone today.
Bridgewest India GCC will be a powerful growth enabler for
Bridgewest Group."
Laxman Settipalli, General
Manager and Head of Bridgewest India is the driving force behind
the new Center. "The celebrations today are just the tip of the
excitement and energy we have. In just a few months, we have
structured our offering, put systems in place, hired our initial
team, and moved into our new office in Gowra Palladium in
Hyderabad. We're seeing lots of
engagement from companies and lots of interest from great local
talent," said Laxman. "Hyderabad
India is recognized as India's premier pharma, IT and innovation
hub," added Laxman.
Bridgewest India is recruiting top-level talent, spanning a
multitude of expertise across technology, operations, and corporate
functions. "HR, legal, R & D, marketing, sales, program
management, engineering, finance, and local governance teams are
customized to the business needs at hand. Performance, agility and
value gives us the edge in high-growth technology and pharma
sectors," added Laxman.
Australia-based sterile
injectable drug manufacturing company and Bridgewest Group life
sciences company, NovaCina, is already seeing the value in
partnering with Bridgewest India. "The sales and marketing talent
has the right experience and mindset for NovaCina. The
high-productivity is enabling NovaCina to reach more customers and
achieve top-line growth at a speed and scale that otherwise would
be difficult and costly," said Tommy
Broudy, Operating Partner, Bridgewest Group, life sciences
portfolio.
"This is a significant milestone for our group. We are thrilled
to be in Hyderabad today to
inaugurate our new GCC. The demand for operational resources
continues to rise across our portfolio. Bridgewest India's suite of
talent and services will be a powerful growth enabler for all of
Bridgewest Group's global portfolio companies," said Adam Gickling, COO, Bridgewest Group.
Bridgewest Group has long been recognized for creating and
growing businesses across the globe. "Our ability to empower good
ideas and good people to bring forth solutions that improve our
work, our health and our world, is our life's work. The expertise,
flexibility and cost efficiencies provided by Bridgewest India
enable the founders and their teams to focus on their life's
passion - to transform their remarkable ideas into business
success," says Dr. Massih Tayebi,
Founding Partner and Chairman of Bridgewest Group.
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, ensuring 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