Pratham Sharma

Director @northrophq | Financial Advisory & M&A. I help high-growth companies optimize their financial architecture and navigate complex transactions. 🤝

[Pratham Sharma @PSPrathamSharma]

Every deal that went wrong had a DD report. Almost none of them had a DD instinct.

#DueDiligence #PrivateEquity #MergersAndAcquisitions

[Pratham Sharma @PSPrathamSharma]

Indian PE/VC is down 19%. Everyone calls it a slowdown. It isn't. It's a quality filter. The market didn't slow down. It grew up

#PrivateEquity #DueDiligence #IndianBusiness

[Pratham Sharma @PSPrathamSharma]

Due diligence isn't a risk management exercise. In most Indian transactions it's a closing formality. Everyone in the room knows it. Nobody says it out loud

#DueDiligence #TransactionAdvisory

[Pratham Sharma @PSPrathamSharma]

RBI’s SMS directive is a reminder that small regulatory changes can materially alter revenue assumptions. In FDD, today’s fee income may not be tomorrow’s cash flow.

#TransactionAdvisory #FDD #NorthropManagement

[Pratham Sharma @PSPrathamSharma]

That's not a business. That's a founder with revenue. The market knows the difference - even when the founder doesn't.

#IndianFounders #ManagementConsulting #PrivateEquity

[Pratham Sharma @PSPrathamSharma]

SK Hynix just launched a $28bn U.S. share sale. Three institutional investors indicated $7bn in interest on day one.
#SemiconductorMA #Valuation #AIInfrastructure #CapitalMarkets #DueDiligence

[Pratham Sharma @PSPrathamSharma]

Standard DD looks back 3 years. The most important 90 days happened last quarter. That's where I start.

#DueDiligence #MergersAndAcquisitions #TransactionAdvisory

[Pratham Sharma @PSPrathamSharma]

No material issues identified' means: we checked what management gave us. We didn't check what they didn't.

#DueDiligence #TransactionAdvisory #MergersAndAcquisitions

[Pratham Sharma @PSPrathamSharma]

The most common fraud enabler in Indian business isn't the promoter. It's the CFO who knew and signed anyway.

#CFO #CorporateGovernance #IndianBusiness

[Pratham Sharma @PSPrathamSharma]

Founders don't keep outdated finance practices because they're lazy. They keep them because changing them feels like betrayal.

#IndianFounders #StartupIndia #FounderMindset

[Pratham Sharma @PSPrathamSharma]

The disclosure exists. The scrutiny doesn't.

#CorporateGovernance #ForensicAccounting #IndianBusiness

[Pratham Sharma @PSPrathamSharma]

Due diligence isn't a formality before closing. It's the last line of defence between a founder and a mistake they cannot undo.

#DueDiligence #MergersAndAcquisitions

[Pratham Sharma @PSPrathamSharma]

Most Indian founders build great businesses. Almost none build businesses that survive being looked at.

#IndianFounders #PrivateEquity #DueDiligence

[Pratham Sharma @PSPrathamSharma]

China's BYD, Chery, and Geely are treating Canada as the launchpad for the U.S. auto market.
49,000 unit quota. 6.1% tariff. Near-identical consumer taste to the U.S. In M&A terms: this is a market-entry playbook being written in real time.
#EVSector #ChinaStrategy

[Pratham Sharma @PSPrathamSharma]

$16.3bn (2025) to $74.57bn (2034). Driven by 347M seniors by 2050, chronic disease load, and a broken insurance model that doesn't cover post-hospitalisation care.
The consolidation thesis is live. The market is fragmented, unregulated, and undervalued.
#HealthcareMA #Valuation

[Pratham Sharma @PSPrathamSharma]

India bought 5.18 lakh barrels/day of Iranian crude in 2018. It dropped to near-zero under sanctions. Today, post-war MoU opens a 30-day waiver.
In cross-border energy M&A, the Iran variable just re-entered the DCF. Don't model 2024 as the baseline.
#CrossBorderMA #DCFModelling

[Pratham Sharma @PSPrathamSharma]

Separate fees for every category, every geography. Operational scope locked by govt list. In our ESG due diligence, this creates an immediate hidden liability any impact linked target with foreign funding now carries structural regulatory risk. Reprice.
#DueDiligence #ESGRisk

[Pratham Sharma @PSPrathamSharma]

That's $21bn total by 2030 in Mumbai and Hyderabad alone. When assessing Indian tech targets today, the real question isn't revenue. It's: does this asset sit inside or outside the hyperscaler orbit?
Infrastructure proximity is the new valuation moat.
#TechMandA #Valuation

[Pratham Sharma @PSPrathamSharma]

Iran now requires IRGC-approved routes. A ship was struck mid-transit today. In our cross-border DD, energy supply chain exposure to the Hormuz is no longer a "tail risk" footnote,
It's a valuation input. Risk-weight it accordingly.
#CrossBorderMA #SupplyChainDD #EnergyMandA

[Pratham Sharma @PSPrathamSharma]

US reverting from INDOPACOM to PACOM. Quad sidelined. Iran war reshaping Gulf supply chains. In our cross-border DD, geopolitical realignment is no longer a tail risk - it's a base case input. Energy, logistics, and defence adjacent targets need scenario-weighted models.

#MandA