Heading Investments at Growth Sphere Ventures LLP. Growth Sphere Ventures LLP is Vivek Jain's Family Fund

Corporate Finance and Fund Raising

Heading Project Financing in Solar and Transmission Sector

Evaluating bid opportunities for various tenders and developing optimal financing solutions.Assessing strategic M & A opportunities in India regionResponsible for fund raising activities for projects (Debt/Equity/Hybrid Securities)Major Achievements1.Acquisition of 12.5 MW Solar Power Project in JV with Mahindra Group2.Raised around INR 1.7 billion from Foreign and Indian Lenders3.Formulated the strategic roadmap for potential joint ventures & investment opportunities for the Group

o Analysing financials and business processes of client companies­ Examination of Balance sheets, P/L statements, Promoters’ profile­ Analysis of specific industry dynamics, government clearances, prior loan arrangements o Preparing cash flow models­ Projecting Balance Sheet, P/L statements after evaluating future Cash flows, Capital expenditure, Debt Drawls, provisioning for Depreciation and Taxes.o Communication and negotiation with banks for loan arrangements for the client­ Commences after the most optimal financing arrangement for the client has been fixedo Engage with various stakeholders to identify financing opportunities in Infrastructure sector through regular meetings and discussions and pitching to clientso Extensive Knowledge of and cost optimization through various banking productso Pre and Post Sanction Management of Cash and Trade Productso Guiding Management on various Government notification and guidelines pertaining to domestic as well as International debt and Equity loans.Key Transactions and Dealso Currently working on structuring of Operational Power Asset (1,320 MW)o Drafted PPP Policy for one of the leading Development Financial Institutiono Negotiated and arranged Rupee Term Loan for part funding of 1980 MW Thermal Power Project o Acquisition Financing for Operational Wind Power Assets (Capacity : 58 MW)o USD 99.0 million ECB Financing of 600 MW Thermal Power Project coming up at Chandrapur(C-Exim)o Transaction Advisory for 24 MW Wind Power Project coming up in state of Rajasthano USD 175.0 million ECB deal backed by credit assistance from a Japanese Bank for a 1400 MW Power Project (Punjab)o Funding for 15 MW Solar PV Power Project coming up in Gujarato Bid Advisory for a Solar Power Project coming up in Maharashtra under PPP route ( Capacity : 50 MW)

Fund Raising-Infrastructure Projects (Power and Road Sector)• Understanding of the project-it’s structure,documents,scope etc & carrying out a detailed due diligence on the project• Providing inputs in structuring the project & making it more bankable. This covers issues such as security,risk mitigation measures, use of cashflows from the project etc• Preparing a detailed financial model , along with necessary supporting validations for the project parameters with sensitivities• Preparation of a Placement Memorandum , which forms the basis for lenders to carry out an appraisal for the purpose of lending and preparation of project presentation to lenders• Marketing the Project to the shortlisted lenders. This process includes presentations,meetings & discussions with potential lenders.• Providing assistance in the form of supporting information to substantiate certain critical project parameters• Negotiating the terms of the lending with the lenders on behalf of the sponsors• Assisting in documentation• Assisting in draw down of funds for the projectKey Projectsa) Financial Appraisal/Debt Syndication for Pune Sholapur Road Project(Raised Term Debt : Rs.9.57 billion- Toll Road Project)b)Transaction Advisory & Fund Raising for a 1200 MW Thermal Power Project with Total Project cost of Rs. 63.71 billion at Tamilnadu(Assisting the client in arriving at the optimal sales mix and tariff structure, assessment of coal linkage and transportation arrangement for the project) c)Fund Raising for Dehradun Highways Project Limited ( Raised Term Debt : Rs.5.28 billion )

YES Bank is a leading private sector bank involved in financing infrastructure projects. It provides Project Financing to prominent Infrastructure Players and Corporates.Sector : Power (Renewable Energy) Key Responsibilitiesa) Preparation of the credit assessment notes covering detailed analysis of business, industry, management and financials.b)Finalization of terms and conditions (e.g. facility to be provided and structure) of the proposals in consultation with Relationship Managers. c)Ratings of the client using banks internal credit rating module. d)Risk Management of the allocated portfolio and pro-actively monitor the accountse) Ensuring compliance of terms and conditions of sanctions by liasioning with the RMs and company involved. f) Ensure adherence to the credit policy, internal policy, RBI guidelines and other guidelines. g)Prepare presentation and maintain database of portfolio for periodic reviews.Key Projects1.Project Funding & Financial Appraisal for 50.4 MW Wind Power Project at Tamilnadu2.Project Appraisal and Due Diligence for Bio-mass and Hydro Power Projects being set up by prominent Renewables Group3.Authored a Paper on “ Financing of Wind Power Projects from the perspective of Financial Institutions” for InWindChronicle

• Capital Structuring and assessment of optimum financing options for corporates / projects.• Merchant Investment Appraisals for greenfield and brownfield investment projects as well as identification of associated risks and appropriate risk mitigants.• Techno-economic Appraisal for Banks and Financial Institutions for establishing the viability of any investment/restructuring plan.• Vetting of Contracts, Loan Documents, Project Documentation etcKey Projectsa)Financial Advisory & Debt Syndication for 3 x 660 (1980 MW) Coal Power Project being set up by Adani Power Maharashtra Private Limited b)Bid Advisory for 1980 MW Power Project coming up in state of Uttar Pradesh (Case 2 Bidding)AwardsPresentation on Merchant Power Plants (Letter of Appreciation from Client)

Worked for Credit Suisse Account in Investment Management Sub-vertical. Published a White paper on Trade Order Management Systems.Was Involved in RFP/RFQ and Business Development Activities. Active Member of Domain Consulting Group and BFS Activities.