Any organization is only as good as the people who spearhead it. Lotus is lead by dynamic people with years of experience behind them.
Dinesh Lodha is currently the Group CEO for Lotus Surgicals (A JV between Tube Investments, Murugappa Group & Premji Invest). He is a C-level Leader with a proven track record of leading successful turnarounds. In his over two & a half decade of experience, he has led several B2B & B2C businesses in FMCG, MedTech in both Multinational & Indian MNCs. He is a specialist in establishing organization’s vision, building a high-performance culture and a multi-dimensional team.
Lotus Surgicals has been acquired in Year 2023 by Tube Investments and Premji Invest, established with the mission to provide a comprehensive solution for consumable medical devices, aligning with the "Make in India, Make for the World" strategy. Our primary focus is on delivering world-class, high-quality, and safe medical devices accessible to all.
As part of our commitment to this vision, our first strategic acquisition of Lotus Surgicals, will enhance our portfolio with a comprehensive range of surgical devices. At Lotus, we pride ourselves on our advanced approach to product design, development, manufacturing & distribution. Our state-of-the-art manufacturing facilities at Lotus operate under stringent clean room conditions, ensuring the highest standards of hygiene and precision. Our products are crafted using cutting-edge technology and are supervised by a team of highly skilled and qualified professionals.
Today, our high quality, safe & affordable medical devices touched millions of lives in more than 60+ countries.
Tube Investments, a part of Murugappa Group, is India’s leading engineering company engaged in manufacturing of precision steel tubes and strips, automotive, industrial chains, car door frames and bicycles. Founded in 1900, the INR417 Billion (41,713 crores) Murugappa Group is one of India's leading business conglomerates. The Group has 29 businesses including ten listed Companies traded in NSE & BSE. Headquartered in Chennai, the major Companies of the Group include Carborundum Universal Ltd., CG Power and Industrial Solutions Ltd., Cholamandalam Financial Holdings Ltd., Cholamandalam Investment and Finance Company Ltd., Cholamandalam MS General Insurance Company Ltd., Coromandel International Ltd., Coromandel Engineering Company Ltd., E.I.D. Parry (India) Ltd., Parry Agro Industries Ltd., Shanthi Gears Ltd., Tube Investments of India Ltd. and Wendt (India) Ltd. The Group holds leadership position in several product lines including Abrasives, Technical Ceramics, Electro Minerals, Auto Components & Systems, Bicycles, Fertilisers, Sugar, Tea and Spirulina (Nutraceuticals). The Group has forged strong alliances with leading international companies such as Groupe Chimique Tunisien, Foskor, Mitsui Sumitomo, Morgan Advanced Materials, Yanmar & Co. and Compagnie Des Phosphat De Gafsa (CPG). The Group has a wide geographical presence all over India and spanning 6 continents. Renowned brands like BSA, Hercules, Montra, Mach City, Ballmaster, Ajax, Parry’s, Chola, Gromor, Shanthi Gears and Paramfos are from the Murugappa stable. The Group fosters an environment of professionalism and has a workforce of over 53,000 employees.
Established in 2006, Premji Invest is an investment firm based in Bangalore, India founded to support the Azim Premji Foundation, an endowment funded by former Wipro Chairman Azim Premji to improve education and support other philanthropic initiatives in India and Southeast Asia more broadly. As a firm, PI actively manages ~$10B in an evergreen format, investing out of the US and India. PI deploys a synergistic crossover strategy, investing in public and growth equity. On the listed equities side, the firm maintains a concentrated, long-biased portfolio invested based on an in-depth private diligence model. On the early-stage & growth equity side, PI invests in growth-stage companies across Technology, Consumer, Financials, and Healthcare.