Utsav Baijal
InvestorPartner, Special Situations (Head of Special Situations in India) at Bain Capital Venture · Investment Committee Member and Advisor at Alkemi Growth Capital
Mumbai
About
Utsav Baijal is a Partner and Head of Special Situations in India at Bain Capital, which he joined in 2025, concentrating on special situations investments across the region alongside the Asia team. He previously spent 17 years at Apollo Management across New York and Mumbai, working in private equity, hybrid, and credit, most recently as Head of India on the Hybrid Value team, and earlier worked with Bain Capital's Private Equity team in Boston on consumer and retail. He began his career as a management consultant at McKinsey & Company in New Delhi and Hong Kong.
Experience
- Bain CapitalPartnercurrent2025 — presentIndia
- OGQAmbassador, Advisory Board Membercurrent2022 — presentMumbai, Maharashtra, India
- Alkemi Growth CapitalInvestment Committee Member and Advisorcurrent2019 — presentNew Delhi, Delhi, India
- Tenneco Clean AirNon Executive Director2025 — 2026India
- UnLtd IndiaDirector2018 — 2026Mumbai
- Clix CapitalBoard Member2020 — 2025Gurugram, Haryana, India
- Apollo Global Management Inc.Partner2008 — 2025Mumbai, Maharashtra, India
- JSW CementDirector2021 — 2025Mumbai, Maharashtra, India
- Planetcast Media Services LimitedBoard Member2019 — 2025Noida, Uttar Pradesh, India
- IGT SolutionsChairman Of The Board2019 — 2022Gurugram, Haryana, India
- Bain Capital LLCAssociate2005 — 2008
- Mckinsey & CompanyEngagement Manager2000 — 2005
- Procter & GambleSummer Associate1999
Skills & more
Negotiation3Strategy13Valuation38Due Diligence12Corporate Finance29Mergers4Economics4Private Equity21Financial Modeling5Mergers & Acquisitions12Financial Analysis4Management Consulting3
+1 more
Financial StructuringLanguages German
From Utsav's professional profile.
Colleagues at Bain Capital Venture
Ajay Agarwal
Partner at Bain Capital Ventures
Alena Harrison
Operating Partner at Bain Capital Double Impact Fund LP
Alexander Katz
Investor at Bain Capital Real Estate
Alexandra Assante
Vice President, Treasury at Bain Capital Venture
Alfred Bonfantini
Director at Bain Capital Credit
Alyson Goff
Associate at Bain Capital Life Sciences
Aman Jain
Investment Associate at Varanium NexGen
Amanda Conklin
Vice President at Bain Capital Double Impact Fund LP
Frequently asked questions
- Who is Utsav Baijal?
- Utsav Baijal is a Partner and Head of Special Situations in India at Bain Capital, which he joined in 2025, concentrating on special situations investments across the region alongside the Asia team. He previously spent 17 years at Apollo Management across New York and Mumbai, working in private equity, hybrid, and credit, most recently as Head of India on the Hybrid Value team, and earlier worked with Bain Capital's Private Equity team in Boston on consumer and retail. He began his career as a management consultant at McKinsey & Company in New Delhi and Hong Kong.
- Where does Utsav Baijal work?
- Utsav Baijal is Partner, Special Situations (Head of Special Situations in India) at Bain Capital Venture.
- Where did Utsav Baijal go to school?
- Utsav Baijal studied at Indian Institute of Management Ahmedabad (MBA, Finance); WHU – Otto Beisheim School of Management; St. Stephen's College, Delhi (B.A Hons, Economics).
Same school
Also attended Indian Institute of Management Ahmedabad154
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Also attended WHU – Otto Beisheim School of Management184
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Also attended St. Stephen's College, Delhi44
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