Gaurav Gupta appointed Macquarie Capital Advisors' India Head

Macquarie Capital today announced the appointment of Gaurav Gupta as Head of India for Macquarie Capital Advisors.

Gupta will be based in Mumbai and report to Macquarie Capital Advisers' Deputy Head of Asia, Kalpana Desai, a press release issued here stated.

"We have built a strong platform in India and Gaurav's relationships and strong origination capabilities across sectors will help us to maintain this momentum and grow our business in India further, Desai said.

Gupta has more than 12-years of investment banking and transaction advisory experience and joins from Nomura where he was most recently head of Telecommunications, Media and Financial Services for India, the release said.

"With its strong sector focus, Macquarie is well-placed to add significant value to clients in India. I look forward to working with the team to take the Indian franchise to the next level of growth," Gupta said.

Macquarie has a significant presence in India and has advised on some of India's most successful transactions, including the largest-ever IPO in India for Reliance Power.

Its activities in India include corporate finance and advisory, infrastructure funds management, cash equities sales and research and private wealth management, the release said.