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Narendra Ostawal
Director/Board Member at
IDFC FIRST BANK LIMITED
Profile
Narendra Ostawal is currently Director at DB Power Ltd., DB Power Madhya Pradesh Ltd., Decore Thermal Power Pvt Ltd., Great Terrain Investment Ltd., Redwood Investments Ltd., Carmel Point Investments India Pvt Ltd., Vistaar Financial Services Pvt Ltd., and Micro Life Sciences Pvt Ltd. Mr. Ostawal is Managing Director at Warburg Pincus India Pvt Ltd. since 2015.
Mr. Ostawal is Non-Independent Non-Executive Director at IDFC First Bank Ltd. starting 2025 and Non-Executive Director at Avanse Financial Services Ltd. since 2019.
Mr. Ostawal is a Member of The Institute of Chartered Accountants of India.
Former roles include Non-Executive Director at Capital First Ltd., AU Small Finance Bank Ltd. (2018–2020), Laurus Labs Ltd. (2014–2020), Home First Finance Company India Ltd., Computer Age Management Services Ltd. (2018–2024), and Fusion Finance Ltd. (2018–2025).
Mr. Ostawal was Director at Diliigent Power Pvt Ltd., Associate at McKinsey & Co., Inc. (India) (2002–2006), and Associate at 3i India Pvt Ltd. Education includes an undergraduate degree from the University of Bangalore (1998) and an MBA from Indian Institute of Management Bangalore (2002).
Narendra Ostawal active positions
| Companies | Position | Start |
|---|---|---|
| IDFC FIRST BANK LIMITED | Director/Board Member | 29/09/2025 |
Vistaar Financial Services Pvt Ltd.
 Vistaar Financial Services Pvt Ltd. Financial ConglomeratesFinance Provides financial services to business segments | Director/Board Member | - |
Micro Life Sciences Pvt Ltd.
 Micro Life Sciences Pvt Ltd. Chemicals: Major DiversifiedProcess Industries Manufactures basic chemicals | Director/Board Member | - |
Great Terrain Investment Ltd.
 Great Terrain Investment Ltd. Investment ManagersFinance Provides investment solutions | Director/Board Member | - |
Decore Thermal Power Pvt Ltd.
 Decore Thermal Power Pvt Ltd. Electric UtilitiesUtilities Engages in production and distribution of electricity | Director/Board Member | - |
Carmel Point Investments India Pvt Ltd. | Director/Board Member | - |
Avanse Financial Services Ltd.
 Avanse Financial Services Ltd. Finance/Rental/LeasingFinance Provides education financing solutions | Director/Board Member | 29/07/2019 |
Warburg Pincus India Pvt Ltd.
 Warburg Pincus India Pvt Ltd. Investment ManagersFinance Acts as an alternative investment manager | Private Equity Investor | 30/06/2007 |
Redwood Investments Ltd.
 Redwood Investments Ltd. Financial ConglomeratesFinance Provides investment services | Director/Board Member | - |
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Former positions of Narendra Ostawal
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Education of Narendra Ostawal
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
88
1st degree connections
23
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 23 |
|---|---|
University of Bangalore
 University of Bangalore Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Indian Institute of Management Bangalore
 Indian Institute of Management Bangalore Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
The Institute of Chartered Accountants of India
 The Institute of Chartered Accountants of India Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Capital First Ltd.
 Capital First Ltd. Investment ManagersFinance Provides financial products and services across consumer and wholesale businesses | Finance |
Warburg Pincus India Pvt Ltd.
Warburg Pincus India Pvt Ltd. Investment ManagersFinance Acts as an alternative investment manager | Finance |
Computer Age Management Services Ltd.
 Computer Age Management Services Ltd. Information Technology ServicesTechnology Services Operates as a technology driven financial infrastructure and services provider to mutual funds and other financial institutions | Technology Services |
AU Small Finance Bank Ltd.
 AU Small Finance Bank Ltd. Regional BanksFinance Operates as a finance bank | Finance |
Laurus Labs Ltd.
 Laurus Labs Ltd. Pharmaceuticals: MajorHealth Technology Develops and manufactures active pharmaceutical ingredients | Health Technology |
Vistaar Financial Services Pvt Ltd.
Vistaar Financial Services Pvt Ltd. Financial ConglomeratesFinance Provides financial services to business segments | Finance |
Mckinsey & Co. India LLP
 Mckinsey & Co. India LLP Miscellaneous Commercial ServicesCommercial Services Provides management consulting services | Commercial Services |
Diliigent Power Pvt Ltd.
 Diliigent Power Pvt Ltd. Electric UtilitiesUtilities Operates as a holding company with interests in operating coal-based power plants | Utilities |
Home First Finance Company India Ltd.
 Home First Finance Company India Ltd. Finance/Rental/LeasingFinance Provides home loans services | Finance |
3i India Pvt Ltd.
 3i India Pvt Ltd. Investment ManagersFinance Functions as an alternative investment manager | Finance |
Fusion Finance Ltd.
 Fusion Finance Ltd. Finance/Rental/LeasingFinance Provides micro finance services | Finance |
DB Power Ltd.
 DB Power Ltd. Alternative Power GenerationUtilities Operates coal based power plants | Utilities |
DB Power Madhya Pradesh Ltd.
 DB Power Madhya Pradesh Ltd. Electric UtilitiesUtilities Engages in production of electricity | Utilities |
Avanse Financial Services Ltd.
Avanse Financial Services Ltd. Finance/Rental/LeasingFinance Provides education financing solutions | Finance |
IDFC First Bank Ltd.
 IDFC First Bank Ltd. Regional BanksFinance Provides commercial banking services | Finance |
Decore Thermal Power Pvt Ltd.
Decore Thermal Power Pvt Ltd. Electric UtilitiesUtilities Engages in production and distribution of electricity | Utilities |
Great Terrain Investment Ltd.
Great Terrain Investment Ltd. Investment ManagersFinance Provides investment solutions | Finance |
Redwood Investments Ltd.
Redwood Investments Ltd. Financial ConglomeratesFinance Provides investment services | Finance |
Carmel Point Investments India Pvt Ltd. | |
Micro Life Sciences Pvt Ltd.
Micro Life Sciences Pvt Ltd. Chemicals: Major DiversifiedProcess Industries Manufactures basic chemicals | Process Industries |
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