Management Team

Founder & Leadership Team

Rajesh Doshi

Founder & Managing Director |

Rajesh founded STEER Advisory Services Pvt Ltd in 2013.

A Fellow Company Secretary and Law Graduate from India and a Fellow Chartered Secretary from the Institute of Chartered Secretaries of U.K., Rajesh has focused on quality of growth for STEER as the key ensuring that eco-system that we work with has trust in dealing with us.

Having worked with leading Indian business groups such as Crompton Greaves (Avantha Group), Reliance Industries, Future Capital Holdings (now Capital First Ltd) and Religare Enterprises over 17 years, he has rich experience in M & A transactions, in India & abroad and in PE/VC investments in India.

Rajesh has participated / lead transactions across diverse sectors both in India and in International markets in deals ranging from US $ 2 Mn to US $ 250 Mn representing both corporate and private equity investors. His contributions in transactions includes setting right expectations, strategic advisory, structuring, negotiations and focused execution.

His experience includes working on Board and Committee governance, setting up and monitoring related processes and thereby leading to effective discharge of functions by Directors.

Ramen Ray Mandal

Director |

K Chandran

Strategic Advisor |

Ramen Ray Mandal Director

Ramen has more than 23 years of Investment banking and Corporate Banking experience

Before joining Steer Advisors, Ramen was Head of M&A Advisory practices of HDFC Bank Limited advising large to mid market Indian as well as MNC clients for their M&A and fund raising transactions. He was directly responsible for building advisory practices for Industrials sector and overseeing senior bankers in infra and financial services sectors. He was the Advisor to strategic transactions for Chettinad Group, Sadbhav Infra

Prior to that, Ramen was the Executive Director M&A practices in Kotak Mahindra Capital (KMCC) and before that he was Head of Investment Banking in ING Vysya Bank for more than 8 years and was involved in transactions, involving large corporates like Avantha Group, ING Life, Birla Chemicals, Graphite India, CARE Ratings as well as global players like Huntsman, Yara, Umicore

Before joining ING, Ramen had a successful career as a Corporate Banker at BNP Paribas, ICICI Bank, DBS Bank and EXIM Bank of India, spanning over 13 years, where he was involved in several marquee large structured finance and commercial banking transactions

Ramen is a MBA from IIM Calcutta and an alumna of IIT Madras in Electrical & Electronics Engineering

K Chandran Strategic Advisor

Mr. Chandran has rich experience across 35 years in varied organizations across Automotive, Manufacturing, Aerospace & Defence, Financial Services and ITES Sectors. He has headed profit centres overseeing operations across India, Americas, UK, Europe and ANZ. He has also led many cross-border and domestic M&A transactions. Besides, he has managed Corporate Strategy, New Business Development, Marketing, Sourcing, IT and HR functions.

Some of the organizations that he has worked for are Rane Group, Elgi Equipments, HCL Technologies, Reliance Life Insurance, Hindustan Motors and Ashok Leyland Finance.

Mr. Chandran is a Graduate in Mechanical Engineering from the Indian Institute of Technology, Chennai and holds Post Graduate Diploma in Management from the Indian Institute of Management, Kolkata.

Vice President

Tejas Jobalia

Sr. Vice President |

Sujit Nene

Vice-President |

Sagar Makhija

Vice-President |

Varun Bhatia

Vice-President |

Tejas Jobalia Sr.Vice President

Tejas has 12+ years of experience in advising clients on the entire gamut of investment banking services. He has successfully advised clients in industrials, basic materials, media & entertainment, technology and infrastructure sectors on M&A and fund-raising transactions. Besides, he has worked with various PE and VC investors for their investment and exit strategies.

Prior to joining Steer Advisors, Tejas has worked at leading domestic and global investment banks like ICICI Securities, IL&FS Financial Services, Daiwa Capital Markets and Morgan Stanley.

Tejas is a Chartered Accountant and a Commerce graduate from R. A. Podar College of Commerce and Economics, Mumbai

Sujit Nene Vice-President

Sujit’s experience includes both Investment Banking and Private Equity / Venture Capital investments.

Over the past 10+ years, he has worked in areas of investment analysis, investment terms, business development in Bonanza Corporate Solutions Pvt Ltd and Sidbi Venture Capital Ltd. He has dealt with many corporate(s) in various sectors such as I.T. Real Estate, Auto ancillary, Retail and Logistics.

Sujit has accomplished his MMS(Finance) from LalaLajpat Rai Institute of Management, Mumbai University after graduating in BE (Instrumentation) from Vidyavardhini’s College of Engineering & Technology, Mumbai University, Mumbai.

Sagar Makhija Vice President

Sagar advises clients on activities including Merger & Acquisitions and fund raising by means of Private Equity and Structured Debt, particularly in industries such as Paper Packaging, Wires & Cables and many others.

Earlier in his career, Sagar has worked with boutique investments banks and has advised clients for M&A, Fund raising, and debt Restructuring transactions across sectors including Pharmaceuticals, Paper & packaging, auto components and real estate.

Sagar completed his MBA in Finance from N. L. Dalmia Institute of Management Studies, Mumbai and research after graduating in Commerce from H. R. College of Commerce & Economics.

Varun Bhatia Vice-President

Varun is one of the senior bankers in the Consumer team. Prior to joining STEER Advisors, he led the Consumer team at Systematix Capital. He was also a Co Founder of two consumer internet startups before working with Systematix Capital.

He has worked with private equity, venture capital and hedge funds on their investments while being with Equirus Capital. Prior to that Varun has worked with the Wadia Group, KPMG, ICICI Bank & Avendus Capital in advisory roles.

Varun completed his MBA from S. P. Jain Business School, Mumbai.

Asst. Vice President

Rushabh Thakkar

Abhishek Shah

Kunal Wadhwani

Rushabh Thakkar

Prior to joining STEER Advisors, he was part of the investment team of Al Fozan Group, conglomerate with operations throughout the GCC and Middle East.

He has worked in mergers & acquisitions of companies in Retail, Petrochemicals, Packaging & Building Material Sectors and Oil & Gas sectors.

Before joining Al Fozan, he worked with one of the largest asset management company and research & advisory company in India.

Abhishek Shah

Abhishek’s responsibilities include advising clients on fund raising and M&A activities by means of private equity, strategic Investments and structured debt.

Prior to joining STEER, Abhishek worked at Tresvista as a part of the KKR captive team. His role involved working with KKR professionals on private equity and capital markets deals with focus on US, Europe and India geographies.

Abhishek completed his MBA from Narsee Monjee Institute of management studies, Mumbai with major in finance. He has done is graduation in computer science engineering and has worked as software developer with TCS before pursuing his MBA.

Kunal Wadhwani

Prior to joining STEER, Kunal has worked at Ernst and Young for its Risk Advisory Practice in the Financial Services team where he advised clients in process improvements and risk based internal audit assignments.

Before that, he handled sales for Mumbai region as part of family owned business which was into manufacturing and distribution of packaged drinking water brand.

Kunal has completed his MBA in Finance from S.P Jain School of Global Management (Dubai| Sydney| Singapore) and has completed Masters in Commerce from Mumbai University.


Sushmitha Jyothsna

Ronak Doshi

Shashank Thoutam

Sushmitha Jyothsna

Sushmitha’s responsibilities includes assisting clients on fund raising through Private Equity, M&A and Structured Debt.

Prior to joining STEER, Sushmitha interned with the research team of an Investment Advisory firm providing hedging solutions through Equity and Commodity derivative trading.

Sushmitha has done a Post-graduation majoring in Financial Markets from the Institute of Technology and Management. She has done her graduation in Commerce.

Ronak Doshi

Ronak’s responsibility includes assisting clients on fund raising through Private Equity, M&A and Structured Debt.

Prior to joining Steer, Ronak was interned in a CA firm where he handled audits, tax and compliance related assurance engagements of companies across manufacturing sector.

Ronak is a Chartered Accountant by profession and a Commerce graduate from Nagindas Khandwala College, Mumbai.

Shashank Thoutam

Shashank’s responsibility includes assisting clients on fund raising through Private Equity, M&A and Structured Debt.

Prior to joining steer, Shashank was interned in Construction Company and handled road project of 60 million INR.

Shashank has completed Master of Global Business, Specialization in Finance from SP Jain School of Global Management (Dubai, Sydney, Singapore) Year (Jan 2018 – Dec 2018) and he is a Bachelor of commerce (computers) from Osmania University. (July 2014-July 2017).