Press Release
LeapFrog expands healthcare team with Director appointment
Mumbai, India: LeapFrog Investments, the pioneering Profit with Purpose firm, is pleased to announce the appointment of Swati Mehta as Director in its Healthcare investment team. Based in India, Swati joins the firm’s leadership team and will report to Partner Biju Mohandas, Global Head of Healthcare at LeapFrog. She will also work closely with fellow Director Michael Jelinske and the wider team to support the expansion of LeapFrog’s healthcare strategy across growth markets.
Swati brings close to two decades of healthcare investment banking experience, with leadership roles at o3 Capital and IDFC Group as well as prior positions at Equirus Capital, and UBS Securities. Over the course of her career, she has successfully closed 20 transactions with a cumulative deal value of approximately $2 billion, including M&A, private equity advisory, and capital markets mandates. She has deep experience across the healthcare and consumer sectors, where her strategic insight and trusted relationships have made her a sought-after advisor.
Members of LeapFrog’s Healthcare team (L-R): Ken Muriungi, Swati Mehta, Dr Biju Mohandas, Michael Jelinske, Brian Mutiga, Uzoma Ikechukwu.
Swati’s appointment reflects LeapFrog’s commitment to building a world-class healthcare platform in emerging markets, where the need for affordable wellness, prevention, diagnosis, and early treatment solutions is rapidly growing. Our healthcare team partners with exceptional entrepreneurs delivering innovative, scalable models that address these critical gaps in care and prevent the loss of valuable disability adjusted life years.
LeapFrog Partner and Global Head of Healthcare, Biju Mohandas said: “Swati is someone many of us have known and respected for years. We’ve had the pleasure of working closely with her on several occasions and have seen first-hand the strategic insight and commitment she brings to every engagement. I’m delighted she’s joining us as we build a lasting, high-impact healthcare franchise at LeapFrog.”
With Swati’s addition, LeapFrog’s on-the-ground team in India has grown to ten, following recent hires in the climate team. This growth underlines the firm’s conviction in India as a key engine for innovation and opportunity in emerging markets across healthcare, financial services and climate solutions.
LeapFrog Director, Swati Mehta said: “I’m thrilled to be joining LeapFrog at such a pivotal moment. The firm’s healthcare portfolio includes some of the most innovative and impactful businesses operating across emerging markets. The opportunity to help scale these in a market like India – where both the need and potential are immense – is incredibly exciting.”
Swati holds an MBA in Finance from the Symbiosis Centre for Management and Human Resource Development (SCMHRD), Pune, and a Bachelor’s degree in Commerce from Shri Ram College of Commerce (SRCC), Delhi. She is also a Chartered Financial Analyst (CFA) from the CFA Institute, USA.
