Bengaluru: GIC-TPG backed, Asia Healthcare Holdings (AHH) has appointed Venkatesh Tarakkad as chief financial officer and head of business development, the Bengaluru-based specialty healthcare platform said Tuesday.
Tarakkad, who brings over three decades of experience in corporate finance, governance, and mergers and acquisitions, joins AHH from edtech unicorn UpGrad, where he served as CFO and managed the company’s domestic and international financial operations.
In his new role, Tarakkad will oversee finance across all AHH group companies, in addition to corporate functions including legal, business development, and internal audit, said the platform in a statement.
The appointment comes as AHH, which runs hospital chains across oncology, women and childcare, fertility, and urology, accelerates its growth agenda. The company’s portfolio includes Motherhood Hospitals, Nova IVF Fertility, and Asian Institute of Nephrology and Urology (AINU).
“His deep expertise in corporate finance, governance, and business transformation, along with his experience across diverse sectors, will be extremely valuable as we continue to scale our enterprise,” said Vishal Bali, executive chairman, AHH, in the statement.
Tarakkad has previously held CFO roles at Ecom Express and TCNS Clothing, and has been involved in initial public offering (IPO) processes, funding rounds, and enterprise resource planning (ERP) implementation across sectors including fast-moving consumer goods (FMCG), retail, and e-commerce.
In a separate development, Ritesh Pandey, the outgoing CFO and head of business development, has been elevated to chief business officer for new initiatives. Pandey, who joined AHH in 2019, will focus on strategic partnerships and new business verticals.
“Ritesh has been a cornerstone of AHH since 2019, building a robust finance function and executing the pivotal M&A transactions that have defined our growth,” Bali added.
Founded in 2016, AHH is backed by global alternative asset manager GIC and TPG and operates a network of specialty healthcare brands across India.
