Novo Holdings Asia is looking for an ambitious and proactive Associate to join our newly established India team. Based in Mumbai, the Associate will play a key role in sourcing, evaluating, executing, and managing investments in the healthcare and life science industry. We offer a unique opportunity for personal and professional development in a dynamic, ambitious, and professional work environment. About Novo Holdings Novo Holdings is a world leading healthcare and life sciences investor. Novo Holdings is responsible for managing the assets and the wealth of the Novo Nordisk Foundation, one of the world’s largest philanthropic enterprise foundations. Our headquarters is in Copenhagen and we also operate from offices in London, San Francisco, Boston, Singapore, Shanghai and Mumbai. We are the controlling shareholder of Novo Nordisk A/S and Novonesis A/S and manage an investment portfolio of 181 companies with a long-term return perspective. Through our Seeds, Venture, Growth and Principal Investments teams, Novo Holdings invests in life science companies at all stages of development. As of year-end 2024, Novo Holdings had Total Assets under Management of $136b. We are a team of 205 professionals from various nationalities and diverse backgrounds, all sharing the same mission: to invest for the benefit of people and the planet. Our company culture is characterized by collaboration, respect and inclusion. Our Asian investment platform was established in 2020, with offices in Singapore in 2021 and Shanghai in 2022. We established our Mumbai office in 2025 to expand our Asian footprint. Our Asia team comprises of 19 professionals and invests in healthcare companies across the continent with 17 portfolio companies and 6 LP investments. We see tremendous long term investment opportunities in this region given the dynamic nature and fast-growing life science sector. Role & Responsibilities As an Associate, you will be based out of Mumbai and instrumental in all aspects of the investment and portfolio management process, including: Deal execution : Conduct financial modelling, valuation, commercial and market analysis, and due diligence Investment evaluation : Support screening, opportunity assessments, and preparation of investment committee materials Portfolio support : Monitor and report on portfolio performance; assist in strategic initiatives for value creation with management teams Project management : Coordinate due diligence workstreams (commercial, legal, financial, etc.) Research : Continuously build expertise in healthcare/life sciences via market research, expert calls, and industry events Collaboration : Work closely with regional teams in Singapore and Shanghai and global teams across Copenhagen, London, San Francisco, and Boston to leverage the full Novo Holdings platform Candidate Profile We are looking for a candidate with: Strong academic credentials from a top-tier institution (Bachelor’s or higher) 2–4 years of experience in investment banking, private equity, or investing roles Robust financial modelling skills, including ability to build 3-statement models from first principles and evaluate LBO models Experience with due diligence , valuation, and investment execution High proficiency in Excel , PowerPoint , and financial databases Excellent analytical , communication , and presentation skills A collaborative mindset and ability to thrive in a dynamic, cross-border team. Passion for healthcare and life sciences; sector knowledge (e.g., MedTech, pharma services, biotech) and experience is a plus Application and Information We encourage you to send your application as soon as possible and before 31 July 2025 . To apply, please send your CV by clicking on the “Apply” button. For further information about Novo Holdings, please visit www.novoholdings.dk
Associate, Investments, Novo Holdings Asia (Mumbai) Novo Holdings Asia is looking for an ambitious and proactive Associate to join our newly established India team. Based in Mumbai, the Associate will play a key role in sourcing, evaluating, executing, and managing investments in the healthcare and life science industry. We offer a unique opportunity for personal and professional development in a dynamic, ambitious, and professional work environment. About Novo Holdings Novo Holdings is a world leading healthcare and life sciences investor. Novo Holdings is responsible for managing the assets and the wealth of the Novo Nordisk Foundation, one of the world’s largest philanthropic enterprise foundations. Our headquarters is in Copenhagen and we also operate from offices in London, San Francisco, Boston, Singapore, Shanghai and Mumbai. We are the controlling shareholder of Novo Nordisk A/S and Novonesis A/S and manage an investment portfolio of 181 companies with a long-term return perspective. Through our Seeds, Venture, Growth and Principal Investments teams, Novo Holdings invests in life science companies at all stages of development. As of year-end 2024, Novo Holdings had Total Assets under Management of $136b. We are a team of 205 professionals from various nationalities and diverse backgrounds, all sharing the same mission: to invest for the benefit of people and the planet. Our company culture is characterized by collaboration, respect and inclusion. Our Asian investment platform was established in 2020, with offices in Singapore in 2021 and Shanghai in 2022. We established our Mumbai office in 2025 to expand our Asian footprint. Our Asia team comprises of 19 professionals and invests in healthcare companies across the continent with 17 portfolio companies and 6 LP investments. We see tremendous long term investment opportunities in this region given the dynamic nature and fast-growing life science sector. Role & Responsibilities As an Associate, you will be based out of Mumbai and instrumental in all aspects of the investment and portfolio management process, including: Deal execution : Conduct financial modelling, valuation, commercial and market analysis, and due diligence Investment evaluation : Support screening, opportunity assessments, and preparation of investment committee materials Portfolio support : Monitor and report on portfolio performance; assist in strategic initiatives for value creation with management teams Project management : Coordinate due diligence workstreams (commercial, legal, financial, etc.) Research : Continuously build expertise in healthcare/life sciences via market research, expert calls, and industry events Collaboration : Work closely with regional teams in Singapore and Shanghai and global teams across Copenhagen, London, San Francisco, and Boston to leverage the full Novo Holdings platform Requirements Candidate Profile We are looking for a candidate with: Strong academic credentials from a top-tier institution (Bachelor’s or higher) 2–4 years of experience in investment banking, private equity, or investing roles Robust financial modelling skills, including ability to build 3-statement models from first principles and evaluate LBO models Experience with due diligence , valuation, and investment execution High proficiency in Excel , PowerPoint , and financial databases Excellent analytical , communication , and presentation skills A collaborative mindset and ability to thrive in a dynamic, cross-border team. Passion for healthcare and life sciences; sector knowledge (e.g., MedTech, pharma services, biotech) and experience is a plus Application and Information We encourage you to send your application as soon as possible and before 31 July 2025 . To apply, please send your CV by clicking on the “Apply” button. For further information about Novo Holdings, please visit www.novoholdings.dk
Description Investment Internship at Novo Holdings Asia in Mumbai As an Intern / Junior Analyst, you will be involved in and gain valuable insights into life science and healthcare investments in India. You will work alongside our team of investment professionals to gain hands-on investment experience involved in evaluating and executing private equity transactions. You will be immersed in the investment process, and your core tasks will include: Contributing to financial analyses of potential investment cases through valuation models Helping to shape investment themes through primary and secondary industry research Conducting industry research on potential investments and the markets they operate in Collecting, structuring, and efficiently communicating information on potential or existing investments You can expect to learn how to perform industry research, valuation analyses, commercial due diligence and financial modelling in different industries to vet opportunities. Depending on your capabilities and interests, you will have ample opportunities to take on more tasks and responsibilities. Requirements Professional & Personal Qualifications We are looking for candidates who are undergraduate degree holders with approximately 1-3 years of experience in investment banking or consulting , who will be commencing graduate business school in fall 2026 . You should also have a strong understanding of finance and accounting and are an expert in Excel and PowerPoint. You enjoy working in a challenging entrepreneurial environment, passionate and highly motivated to learn about investments and portfolio management and can grasp new ideas and concepts quickly. Furthermore, You Have Excellent interpersonal and communication skills Ability to work independently and within a team context Strong analytical, financial analysis, writing, and presentation skills An eye for detail, and you are thorough and organized Application and Information We are offering an internship with a minimum duration of 6 months depending on your availability. Our preferred starting date is February 2026 . Please state your availability clearly in your application (start date and end date) along with details regarding your business school admission. We encourage you to send your application as soon as possible and by 10th January 2026. To apply, please send your CV and a cover letter by clicking on the “Apply” button. About Novo Holdings A/S Novo Holdings is a holding and investment company that is responsible for managing the assets and the wealth of the Novo Nordisk Foundation, one of the world’s largest enterprise foundations. The purpose of Novo Holdings is to improve people’s health and the sustainability of society and the planet by generating attractive long-term returns on the assets of the Novo Nordisk Foundation. We aspire to be a leading responsible investor, recognised for delivering strong financial returns and positive societal impact. Novo Holdings is the controlling shareholder of Novo Nordisk and Novonesis (the Novo Group companies) and manages an investment portfolio with a long-term return perspective. In addition to managing a broad portfolio of equities, bonds, real estate, infrastructure and private equity assets through our Capital Investments team, Novo Holdings is a world-leading life sciences investor. Through its Seed, Venture, Growth, Asia, Planetary Health and Principal Investments teams, Novo Holdings invests in life science and planetary health companies at all stages of development. As of year-end 2024, Novo Holdings had Total AUM of EUR 142bn. Novo Holdings operates from offices in Copenhagen, London, Boston, San Francisco, Singapore, Shanghai and Mumbai. For further information visit www.novoholdings.dk
Investment Internship at Novo Holdings Asia in Mumbai As an Intern / Junior Analyst, you will be involved in and gain valuable insights into life science and healthcare investments in India. You will work alongside our team of investment professionals to gain hands-on investment experience involved in evaluating and executing private equity transactions. You will be immersed in the investment process, and your core tasks will include: Contributing to financial analyses of potential investment cases through valuation models Helping to shape investment themes through primary and secondary industry research Conducting industry research on potential investments and the markets they operate in Collecting, structuring, and efficiently communicating information on potential or existing investments You can expect to learn how to perform industry research, valuation analyses, commercial due diligence and financial modelling in different industries to vet opportunities. Depending on your capabilities and interests, you will have ample opportunities to take on more tasks and responsibilities. Requirements Professional & Personal Qualifications We are looking for candidates who are undergraduate degree holders with approximately 1-3 years of experience in investment banking or consulting , who will be commencing graduate business school in fall 2026 . You should also have a strong understanding of finance and accounting and are an expert in Excel and PowerPoint. You enjoy working in a challenging entrepreneurial environment, passionate and highly motivated to learn about investments and portfolio management and can grasp new ideas and concepts quickly. Furthermore, you have: Excellent interpersonal and communication skills Ability to work independently and within a team context Strong analytical, financial analysis, writing, and presentation skills An eye for detail, and you are thorough and organized Application and Information We are offering an internship with a minimum duration of 6 months depending on your availability. Our preferred starting date is February 2026 . Please state your availability clearly in your application (start date and end date) along with details regarding your business school admission. We encourage you to send your application as soon as possible and by 10th January 2026. To apply, please send your CV and a cover letter by clicking on the “Apply” button. About Novo Holdings A/S Novo Holdings is a holding and investment company that is responsible for managing the assets and the wealth of the Novo Nordisk Foundation, one of the world’s largest enterprise foundations. The purpose of Novo Holdings is to improve people’s health and the sustainability of society and the planet by generating attractive long-term returns on the assets of the Novo Nordisk Foundation. We aspire to be a leading responsible investor, recognised for delivering strong financial returns and positive societal impact. Novo Holdings is the controlling shareholder of Novo Nordisk and Novonesis (the Novo Group companies) and manages an investment portfolio with a long-term return perspective. In addition to managing a broad portfolio of equities, bonds, real estate, infrastructure and private equity assets through our Capital Investments team, Novo Holdings is a world-leading life sciences investor. Through its Seed, Venture, Growth, Asia, Planetary Health and Principal Investments teams, Novo Holdings invests in life science and planetary health companies at all stages of development. As of year-end 2024, Novo Holdings had Total AUM of EUR 142bn. Novo Holdings operates from offices in Copenhagen, London, Boston, San Francisco, Singapore, Shanghai and Mumbai. For further information visit www.novoholdings.dk