Blue River Capital hires Ramasundar as Director

According to the firm, Ramasundar has been a figure in the industry for more than 30 years in India, the US and the UK. Ramasundar's profile notes that he had worked at consumer goods firm Hindustan Lever and parent Unilever for more than 14 years until 1992 until departing his role as financial controller to become executive director of PepsiCo. India. In that position, he helped managed the company's bottling business during a period of expansion through acquisitions. He has also held various executive positions at offices including consumer goods player Electrolux Kelvinator Limited and pharmaceuticals brand Ranbaxy.

Blue River released in a statement that Ramasundar's experience in growing brands will allow him to "play an important role in advising our Funds to identify and evaluate high growth investment opportunities and assist them achieve leadership in their respective markets."

Blue River has invested in firms such as KMC Constructions, which claims to be India's third-largest road construction and development company; City Union Bank; and auto part maker Rane Holdings.

 

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