Who we are
At Ascent Meditech Limited, we understand that living with certain medical conditions or recovering from various type of injuries & surgeries can be difficult to cope with. We help you rediscover your confidence by providing assistive products that are designed to make your life easier and more comfortable. An ISO: 9001:2015 organization with over 30+ years of experience, we are dedicated in aiding progress of individual suffering from various musculoskeletal disorders and who seek to continue living an active and independent life.
Board of Directors
Rajiv Mistry
Founder & Managing Director
Rajiv Mistry
Founder & Managing Director
With a vision for a Pain Free India, Rajiv, an engineer by qualification, started his journey as an entrepreneur in 1991 with Flamingo, the flagship brand of Ascent. Under his able leadership and guidance, brand Flamingo has stepped into new geographies as well as grown from a single product brand to becoming the umbrella brand of 350 products across categories. At Ascent, he is spearheading areas of special project, organizational transformation as well as new growth opportunities.
Ajay Shah
Non-Executive Director
Ajay Shah
Non-Executive Director
Ajay has been associated with Ascent since its inception. A Law Graduate with 25 years of varied and rich experience in finance and taxation, Ajay has played the role of an advisor and as a position holder in various Associations, Committees, Colleges, Chamber of Commerce and Industries.
Setu Parikh
Independent Director
Setu Parikh
Independent Director
Setu, a Chartered Accountant by qualification,has rich experience in the field of Finance and looks into the overall compliance of the statutory requirements. He comes with rich experience spread across industries such as Power, Textile, Telecommunication and Healthcare.
Vikram Popli
Nominee Director
Vikram Popli
Nominee Director
Dr Vikram Popli is a Director with LeapFrog’s Asia team. He is an orthopaedic surgeon with more than a decade of experience in healthcare private equity investment.
After completing his MBBS from Maulana Azad Medical College, Vikram completed his MS in orthopaedics from Safdarjang Hospital. He has also obtained an MBA in Finance from the Indian School of Business, Hyderabad. He comes to LeapFrog not only with deep medical experience but with 10 years of experience in private equity through OrbiMed, a healthcare-focused fund, where he was a Director.
After completing his MBBS from Maulana Azad Medical College, Vikram completed his MS in orthopaedics from Safdarjang Hospital. He has also obtained an MBA in Finance from the Indian School of Business, Hyderabad. He comes to LeapFrog not only with deep medical experience but with 10 years of experience in private equity through OrbiMed, a healthcare-focused fund, where he was a Director.
Felix Olale
Nominee Director
Felix Olale
Nominee Director
Dr Felix Olale is a partner and the global healthcare co-lead at LeapFrog Investments. Felix combines deep expertise across the healthcare value chain with operational knowledge and commercial investment experience across America, Europe, Asia and Africa.
After completing a Bachelor of Arts in molecular biology at the University of Pennsylvania, Felix received his doctorate in medicine from the New York University (NYU) School of Medicine. He has also obtained a PhD in cellular biology from NYU. He began his career as a physician-scientist at the Skirball Institute of Biomolecular Medicine in New York, where he cloned two genes important for early organ development and regeneration.
After completing a Bachelor of Arts in molecular biology at the University of Pennsylvania, Felix received his doctorate in medicine from the New York University (NYU) School of Medicine. He has also obtained a PhD in cellular biology from NYU. He began his career as a physician-scientist at the Skirball Institute of Biomolecular Medicine in New York, where he cloned two genes important for early organ development and regeneration.
Rajiv Mistry
Founder & Managing Director
Rajiv Mistry
Founder & Managing Director
With a vision for a Pain Free India, Rajiv, an engineer by qualification, started his journey as an entrepreneur in 1991 with Flamingo, the flagship brand of Ascent. Under his able leadership and guidance, brand Flamingo has stepped into new geographies as well as grown from a single product brand to becoming the umbrella brand of 350 products across categories. At Ascent, he is spearheading areas of special project, organizational transformation as well as new growth opportunities.
Ajay Shah
Non-Executive Director
Ajay Shah
Non-Executive Director
Ajay has been associated with Ascent since its inception. A Law Graduate with 25 years of varied and rich experience in finance and taxation, Ajay has played the role of an advisor and as a position holder in various Associations, Committees, Colleges, Chamber of Commerce and Industries.
Setu Parikh
Independent Director
Setu Parikh
Independent Director
Setu, a Chartered Accountant by qualification,has rich experience in the field of Finance and looks into the overall compliance of the statutory requirements. He comes with rich experience spread across industries such as Power, Textile, Telecommunication and Healthcare.
Vikram Popli
Nominee Director
Vikram Popli
Nominee Director
Dr Vikram Popli is a Director with LeapFrog’s Asia team. He is an orthopaedic surgeon with more than a decade of experience in healthcare private equity investment.
After completing his MBBS from Maulana Azad Medical College, Vikram completed his MS in orthopaedics from Safdarjang Hospital. He has also obtained an MBA in Finance from the Indian School of Business, Hyderabad. He comes to LeapFrog not only with deep medical experience but with 10 years of experience in private equity through OrbiMed, a healthcare-focused fund, where he was a Director.
After completing his MBBS from Maulana Azad Medical College, Vikram completed his MS in orthopaedics from Safdarjang Hospital. He has also obtained an MBA in Finance from the Indian School of Business, Hyderabad. He comes to LeapFrog not only with deep medical experience but with 10 years of experience in private equity through OrbiMed, a healthcare-focused fund, where he was a Director.
Felix Olale
Nominee Director
Felix Olale
Nominee Director
Dr Felix Olale is a partner and the global healthcare co-lead at LeapFrog Investments. Felix combines deep expertise across the healthcare value chain with operational knowledge and commercial investment experience across America, Europe, Asia and Africa.
After completing a Bachelor of Arts in molecular biology at the University of Pennsylvania, Felix received his doctorate in medicine from the New York University (NYU) School of Medicine. He has also obtained a PhD in cellular biology from NYU. He began his career as a physician-scientist at the Skirball Institute of Biomolecular Medicine in New York, where he cloned two genes important for early organ development and regeneration.
After completing a Bachelor of Arts in molecular biology at the University of Pennsylvania, Felix received his doctorate in medicine from the New York University (NYU) School of Medicine. He has also obtained a PhD in cellular biology from NYU. He began his career as a physician-scientist at the Skirball Institute of Biomolecular Medicine in New York, where he cloned two genes important for early organ development and regeneration.
Leadership Team
Shyam Sivaramakrishnan
Finance
Shyam Sivaramakrishnan
Finance
Shyam is a Chartered Accountant and has completed his masters in Finance from the Indian School of Business, Hyderabad. He comes with a rich experience of more than two decades across auto parts, healthcare, agree-products, laminates, FMCG etc. In his earlier experience, he was a key driver of mergers, acquisitions, divestment and spearheaded initiatives on corporate governance, risk management and portfolio management. He joined Ascent in 2021 and is heading the Finance function of the organization.
Kishor Suryavanshi
Logistics
Kishor Suryavanshi
Logistics
A logistics and supply chain professional, Kishor has more than 2 decades of experience in managing export and import responsibilities. By qualification, he has completed his post-graduation in Supply Chain Management from Welingkar Institute of Management Development and Research. At Ascent, he heads the Logistics function.
Rajesh Jha
Manufacturing
Rajesh Jha
Manufacturing
Rajesh holds a Diploma in Garment Manufacturing from NIFT, Delhi and is a textile engineer. He comes with more than two decades of experience in operations management and quality control. He joined Ascent in 2021 and is heading the entire manufacturing operations.
Shyam Sivaramakrishnan
Finance
Shyam Sivaramakrishnan
Finance
Shyam is a Chartered Accountant and has completed his masters in Finance from the Indian School of Business, Hyderabad. He comes with a rich experience of more than two decades across auto parts, healthcare, agree-products, laminates, FMCG etc. In his earlier experience, he was a key driver of mergers, acquisitions, divestment and spearheaded initiatives on corporate governance, risk management and portfolio management. He joined Ascent in 2021 and is heading the Finance function of the organization.
Kishor Suryavanshi
Logistics
Kishor Suryavanshi
Logistics
A logistics and supply chain professional, Kishor has more than 2 decades of experience in managing export and import responsibilities. By qualification, he has completed his post-graduation in Supply Chain Management from Welingkar Institute of Management Development and Research. At Ascent, he heads the Logistics function.
Rajesh Jha
Manufacturing
Rajesh Jha
Manufacturing
Rajesh holds a Diploma in Garment Manufacturing from NIFT, Delhi and is a textile engineer. He comes with more than two decades of experience in operations management and quality control. He joined Ascent in 2021 and is heading the entire manufacturing operations.