Associate, Investments, Novo Holdings Asia

**Associate, Investments, Novo Holdings Asia (Mumbai)**

Novo Holdings Asia is looking for an ambitious and proactive Associate to join our newly established India team. Based in Mumbai, the Associate will play a key role in sourcing, evaluating, executing, and managing investments in the healthcare and life science industry. We offer a unique opportunity for personal and professional development in a dynamic, ambitious, and professional work environment.

**About Novo Holdings**

Novo Holdings is a world leading healthcare and life sciences investor. Novo Holdings is responsible for managing the assets and the wealth of the Novo Nordisk Foundation, one of the world’s largest philanthropic enterprise foundations.

Our headquarters is in Copenhagen and we also operate from offices in London, San Francisco, Boston, Singapore, Shanghai and Mumbai. We are the controlling shareholder of Novo Nordisk A/S and Novonesis A/S and manage an investment portfolio of 181 companies with a long-term return perspective. Through our Seeds, Venture, Growth and Principal Investments teams, Novo Holdings invests in life science companies at all stages of development. As of year-end 2024, Novo Holdings had Total Assets under Management of $136b.

We are a team of 205 professionals from various nationalities and diverse backgrounds, all sharing the same mission: to invest for the benefit of people and the planet. Our company culture is characterized by collaboration, respect and inclusion.

Our Asian investment platform was established in 2020, with offices in Singapore in 2021 and Shanghai in 2022. We established our Mumbai office in 2025 to expand our Asian footprint.

Our Asia team comprises of 19 professionals and invests in healthcare companies across the continent with 17 portfolio companies and 6 LP investments. We see tremendous long term investment opportunities in this region given the dynamic nature and fast-growing life science sector.

**Role & Responsibilities**

As an Associate, you will be based out of Mumbai and instrumental in all aspects of the investment and portfolio management process, including:

- **Deal execution**: Conduct financial modelling, valuation, commercial and market analysis, and due diligence
- **Investment evaluation**: Support screening, opportunity assessments, and preparation of investment committee materials
- **Portfolio support**: Monitor and report on portfolio performance; assist in strategic initiatives for value creation with management teams
- **Project management**: Coordinate due diligence workstreams (commercial, legal, financial, etc.)
- **Research**: Continuously build expertise in healthcare/life sciences via market research, expert calls, and industry events
- **Collaboration**: Work closely with regional teams in Singapore and Shanghai and global teams across Copenhagen, London, San Francisco, and Boston to leverage the full Novo Holdings platform

**Requirements**:

- **Strong academic credentials** from a top-tier institution (Bachelor’s or higher)
- **2-4 years** of experience in investment banking, private equity, or investing roles
- Robust **financial modelling** skills, including ability to build 3-statement models from first principles and evaluate LBO models
- Experience with **due diligence**, valuation, and investment execution
- High proficiency in **Excel**, **PowerPoint**, and financial databases
- Excellent **analytical**, **communication**, and **presentation** skills
- A collaborative mindset and ability to thrive in a dynamic, cross-border team. Passion for healthcare and life sciences; sector knowledge (e.g., MedTech, pharma services, biotech) and experience is a plus

**Application and Information**

To apply, please send your CV by clicking on the “Apply” button.