OUR FOUNDERS

MANAGEMENT TEAM

Late Dr. Vinod G. Daftary

Late Dr. Vinod G. Daftary, an ex-alumnus of Walter Reed Hospital (USA), was among the first to establish an indigenous blood bank on his return. His passion for ‘Make-In-India’ culminated in the manufacture of diagnostic kits for pathology laboratory use and launched a pathology laboratory to facilitate accurate patient testing. In 1972, he established Bharat Serums & Vaccines Ltd (BSVL), where he pioneered and developed plasma fractionation therapy for the Indian market.

Late Mr. Bharat V. Daftary

Mr. Bharat V. Daftary, erstwhile Chairman of Bharat Serums & Vaccines Ltd (BSVL), had been instrumental in building the company and catapulting it into a top 10 list of bio – pharmaceutical companies of India, possessing an employee strength of more than 2000 persons and annual revenues of USD 120 million. BSVL was the first company in the world to introduce the Monoclonal form of Anti-D injections for high-risk pregnancies. Today, BSVL is developing a range of biological, biotech, and pharmaceutical products influencing patient outcomes in the therapeutic areas of Women’s Health, Fertility and Critical Care. Mr. Bharat V. Daftary was also the
co-founder of Advy Chemical (Advy) in 1989 among other healthcare companies such as, Rivaara Labs, Aksigen Hospital Care, Siro Clinpharm and Morpheus chain of IVF clinics.

Syd B. Daftary

Director

Mr. Syd B. Daftary completed his master’s degree in Molecular & Genetic Medicine from the University of Sheffield (UK) and an MBA from Instituto de Empresa (Spain). He currently spearheads Advy and is passionate about innovation in healthcare. He is always exploring partnerships to introduce novel healthcare innovations into India. In 2019, the investors of BSVL underwent a major private equity transaction of USD 550 Million and that has allowed the family to focus on building next-generation diagnostic and immunotherapy organizations in the country.

Sanjeev Lala

Chief Executive Officer

Sanjeev Lala, joined the company in 2008. He’s armed with over two decades of rich experience in the IVD industry. He holds a bachelor’s degree in Microbiology from the University of Mumbai, and a Diploma in Medical Laboratory Technology. Prior joining Team Advy, he occupied senior positions in prominent companies like Ranbaxy Laboratories, Wipro and RFCL.

Narendra Sawant

Group President
(Operations & Strategy)

Narendra Sawant has been associated with the company since its very inception. He possesses over three decades of result-oriented experience in operations and administration. Mr. Sawant is a Commerce graduate from the University of Mumbai. He furthermore holds a Diploma in Personnel Management and Industrial Relations. His contributions to the growth of the company go beyond the obvious. He oversees the entire operations including procurement, regulation, logistics, human resources and other administration activities. In recent years, he has been instrumental in spearheading the company’s strategic initiatives and has overseen the successful implementation of the same.

Babasaheb Tandale

Senior Vice President
New Product Development.

Babasaheb Tandale, holds a MSc in Biology, from the University of Pune. He has been with Advy since 1995. He possesses over two decades of result-oriented experience. His contributions include the development of polyclonal antibodies in goats and other host species against various immunoglobulin fractions and proteins. He is the Management Representative for ISO 9001 and EN ISO 13485 QMS. His other responsibilities include continuous development, customisation and improvements to Advy product portfolio.

Siddharth S. Daftary

Co-CEO

Mr. Siddharth S. Daftary (SSD) completed his masters in SCM and Business Management. He has undergone GLP training in Texas, USA. He has a diverse background in leading techno-commercial teams and driving end-to-end projects in his previous roles at Staples & Synergia Life Sciences (A Novozyme Group company). He has been instrumental in setting up greenfield projects and labs, supply chain & process control systems.

At Advy, he is committed to the transformation of Advy’s next phase of growth, #Advy 2.0. Under SSD’s leadership, Advy has experienced remarkable growth and achieved numerous milestones. Along with heading Global BD, he is actively involved in taking strategic decisions, collaborations, business process excellence, and nurturing talent at Advy. SSD is one of the youngest members of the senior leadership team and is an integral part of the group companies- Rivaara Labs, Genei Labs, Rivaara Immune.

Dr. Indrapal Reddy Addela

Senior President
Operations & Projects.

Dr. Indapal is a PhD from JNTU and holds an MBA from Symbiosis. Prior to joining Advy, he held senior positions with organisations like Lazuline Biotech, SAPS Pharma Pvt. Ltd, Shloka Biotech Ltd, Indian Immunologicals, Wockhardt Biotech Ltd, Biological E & Prathista Ind Ltd. With his proven experience in the past, he spearheads the entire Operations, Production, Quality Assurance, Supply Chain and Maintenance at Advy.