Parag Somani

Co-Founder

Mumbai, Maharashtra, India7 yrs 10 mos experience

Highly Stable

Key Highlights

Spearheaded a ₹325 Cr acquisition at Bajaj Finserv.
Founded Silverline Chocolate, achieving significant market reach.
Expert in strategic fundraising and corporate strategy.

Stackforce AI infers this person is a strategic financial professional with expertise in M&A and fundraising in the Fintech sector.

Contact

Skills

Core Skills

Investment BankingEquity Capital MarketsMergers & Acquisitions (m&a)Corporate StrategyMarket AnalysisFinancial Analysis

Other Skills

Fund RaiseDCF ValuationAnalytical SkillsM&A LeadershipFinancial Due DiligenceIndustry BenchmarkingPerformance ReportingBFSIStrategic M&AB2B CommerceFinancial ForecastingGo-to-Market StrategyBusiness PlanningIndustrial SectorFinancial Modeling

About

Parag is an absolute learner and curious individual working as Associate Vice President at Systematix Group, Mumbai. Here he assist Industrial Companies to go public or raise funds through Qualified Institutional Placements, Private Equity or other routes. Earlier in his role as a Strategy Analyst at Bajaj Finserv, a leading financial services conglomerate with a market cap of $85 billion, he has successfully led and contributed to several high-impact initiatives. His key achievements include spearheading a ₹325 Cr acquisition, delivering comprehensive industry benchmarking studies, and providing strategic insights on complex business models. He has been the founder of Silverline Chocolate, a premium dark chocolate brand that has garnered significant market reach. Parag is also an AI enthusiast and would love to collaborate with like minded individuals.

Experience

7 yrs 10 mos

Total Experience

3 yrs 1 mo

Average Tenure

1 yr 4 mos

Current Experience

Systematix group

Associate Vice President

Jan 2025 – Present · 1 yr 4 mos · Mumbai, Maharashtra, India · On-site

Investment Banker I Equity Capital Markets I Industrials

Market AnalysisFund RaiseInvestment BankingEquity Capital Markets

Silverline chocolate

Founder

Jan 2022 – Dec 2024 · 2 yrs 11 mos

▪ Launched a premium Dark Chocolate brand with notable reach and social media engagement.
▪ A Bean to bar chocolate brand with dark chocolate as offering
▪ Customized the product as suitable to the Indian palate while offering and delivering across India
▪ Expanded brand reach through enriching content across social media (~20k viewers for single content)
▪ Built the capabilities for the brand in terms of Online presence, Local chains & shops and Social media

Bajaj finserv

M&A and Corporate Strategy Associate

Jun 2021 – Jan 2025 · 3 yrs 7 mos · India

M&A and Corporate Strategy Associate
M&A Leadership:
Led the strategic $39 Mn acquisition of Vidal Healthcare by Bajaj Finserv Health, heading a core team of six.
Conducted in-depth Build vs Buy analysis, developed a robust Financial Projection Model, supervised Financial Due Diligence, and ensured seamless closure of Condition Precedents.
Industry Benchmarking: Presented a detailed benchmarking study on the $27Bn General Insurance and $75 Bn Life Insurance industries, shaping Go-To-Market strategies.
Hedge Fund Analysis: Analyzed a US-based hedge fund with $50 Bn AUM, focusing on people and investment practices.
Performance Reporting: Created a quarterly benchmarking scorecard for the Group Chairman, highlighting group companies' outperformance against competitors.
Business Model Evaluation: Assessed the business model of a $500 Bn US healthcare company to prepare 5-year long range strategy for Bajaj Health.
Sector Analysis: Analyzed business models in Healthcare, Financial Services, Insurance, and Media & Entertainment sectors.
Executive Collaboration: Worked with CEOs and CFOs in the group on key strategic initiatives.
Financial Analyst
o Financial Modelling: Developed $890Mn financial model to support entity acquisition.
o Accounting Policy: Created a $48 Mn revenue & cost model recommending policy changes.

DCF ValuationAnalytical SkillsMergers & Acquisitions (M&A)Corporate Strategy

Kirtane & pandit llp - chartered accountants

Article Assistant

Sep 2017 – Aug 2020 · 2 yrs 11 mos · Pune Area, India

▪ Manufacturing Industries Covered: FMCG, Sugar Manufacturing, IT, Healthcare, Automobile
▪ End to end processes covered: Procurement to Payment, Sales Order to Collection, Testing of Internal Financial Controls, Scrutiny of Statutory Compliances, HR & Payroll
▪ Analyzed lapse in manufacturing processes leading to suitable cost control by avoiding cost leakages
▪ Observed the on-field processes to understand its impact on the financial statements