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About the Company
CareEdge Global IFSC Limited (CareEdge Global) is a full-service Credit Rating Agency (CRA) with a mission to empowering global capital market participants through unrivalled insights and expertise. As the first CRA registered and authorized by the International Financial Services Centres Authority (India), we are uniquely positioned to provide comprehensive ratings on a global scale. Our services extend beyond traditional credit ratings of corporates and sovereigns to include ESG rating services and a suite of data-driven research products. A part of the CareEdge Group – we are a knowledge-based analytical organisation offering a wide range of services in Credit Ratings, Analytics, Consulting, and Sustainability. Established in 1993, our parent company, CARE Ratings Limited (CareEdge Ratings), stands as India’s second-largest rating agency. With a credible track record of rating companies across diverse sectors, CareEdge Ratings holds leadership positions in several high-growth sectors.
Our Vision
To be the definitive source for reliable and trusted insights, enabling superior decision-making.
Our Mission
Empowering Global Capital Market Participants Through Unrivalled Insights and Expertise.
Our Values
Integrity, Pursuit of Excellence, Commitment, and Fairness
Najib Shah is the Chairman, Non-Executive Independent Director of our Company. An officer of the 1979 batch of Indian Customs & Central Excise Services he retired as Chairman of the Central Board of Excise & Customs (CBEC). As the Chairman of CBEC and as a special invitee to the GST council, he was closely involved with the process leading to the formulation of the GST Laws. In his illustrious career spanning more than 37 years, Shah held several important assignments, including in the High Commission of India, Singapore, Commissioner of Customs, Nhava Sheva, Joint Secretary in the Ministry of Finance, and Director General - Directorate of Revenue Intelligence. He was also associated with the implementation of the WTO Agreement on Trade Facilitation, to which India is a signatory, and in initiating several reforms on Customs business processes. He is the recipient of the Presidential Award for Distinguished Record of Service.
Dr. Ravindra H. Dholakia, a retired Professor of IIM, Ahmedabad, has more than 38 years of experience in regional economic development, economic analysis and policy, international economics, and health economics. He holds a post-doctoral research fellowship from the University of Toronto and a PhD in Economics from M S University, Baroda. Earlier, he served as a consultant to State and Central governments, private sector institutions, and international organizations such as WHO, UNICEF, ADB, and World Bank. He has also been a member of various committees appointed by the Government and has more than 140 research papers and 22 books to his credit. Dr. Dholakia has served as an independent director on the Boards of many reputed companies from the public as well as private sectors. He is also serving on the Central Board of Directors of the Reserve Bank of India.
Associated with CareEdge since 2000, Mehul Pandya is the Managing Director & Group CEO of CareEdge. Over the years, Mehul Pandya has successfully incubated and nurtured the company’s business in India and abroad. He is a member of the Board of Directors for all subsidiaries of CareEdge while also being the Vice Chairman of the Association of Credit Rating Agencies in Asia (ACRAA). He also serves on the Board of the Association of Indian Rating Agencies (AIRA) and contributes towards US India Trade promotion by virtue of his position on the Board of USIIC. A technocrat with a management background, Mehul Pandya is also a CFA charter holder from the CFA Institute, USA. Over the years, he has attended various leadership programmes at IIMA and the High Potentials Leadership Programme at Harvard Business School as well. Prior to joining CareEdge, he worked with a state-level financial institution in Gujarat for about four years and was instrumental in setting up an in-house credit rating cell for the screening of lending proposals. He has worked as a Consultant for the Asian Development Bank and conducted various training programmes on credit risk analysis in India and abroad.
An accomplished professional with over 20 years of experience in financial management, corporate accounting, IFRS, compliance and tax operations, Jinesh Shah currently serves as the Chief Financial Officer at CareEdge Ratings. Before this, he was the head of finance and accounts at India Ratings and Research Private Limited (Fitch Ratings). He has also worked with organisations such as Bramha Group of Companies (US-based investment fund), Hypo Real Estate Capital India Private Limited (German-based NBFC - Part of Hypo Real Estate Holding AG), ICICI Bank Limited, and Cornelius and Davar. Mr Shah, a Chartered Accountant from the Institute of Chartered Accountants of India, holds a bachelor’s degree in Commerce from Mumbai University and IFRS certification from ICAI.
Rajani has nearly two decades of experience in the field of macro-economic research. Before joining CareEdge Ratings, she was the Chief Economist and Head of Research at Knight Frank. She has also worked with top institutions such as Aditya Birla Group, Kotak Bank, and J M Morgan Stanley. Actively devoted to demystifying the financial world, she regularly writes opinion pieces for business dailies on varied economic issues and occasionally delivers lectures at educational institutions. She is an alumna of the Delhi School of Economics and Lady Shri Ram College.
Revati Kasture currently serves as an Executive Director, Business Development at CareEdge Ratings. Revati Kasture has over two decades of experience in ratings and research. At the organisation, she has developed a reputation for excellence and has handled diverse functions. Earlier she headed the criteria and quality control function at CareEdge and worked as the profit centre head in her previous roles at the organisation. An all-India merit-holder Chartered Accountant and Cost Accountant, she was bestowed with the Professional Achiever-Woman award by the Institute of Chartered Accountants of India in December 2011 and recognised as one of India’s top 100 “Women in Finance” in the Leading Category in March 2019. Passionate about teaching, she is also on the Advisory Board of Symbiosis Institute of Banking and Finance, Pune.
CareEdge Global IFSC Limited
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