Mohit Khullar

Managing Director
21+ years of experience with a track record in transaction advisory
Specializes in the healthcare and consumer sectors
Expertise in capital raising and M&A transactions
Mumbai
@alvarezmarsal
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Mohit Khullar is Managing Director and Leader of Alvarez & Marsal Corporate Finance in India. He specializes in private equity, M&A, and structured finance transactions.

With over 21 years of experience, Mr. Khullar has an established track record in the transaction advisory space. He has led marquee transactions across healthcare, consumer, business services, and industrials sectors. He has developed and led high-performing teams while also cultivating strong relationships with founders, CXOs, and financial sponsors.

Prior to joining A&M, Mr. Khullar served as Managing Director at o3 Capital and worked with Equirus Capital and Standard Chartered Bank. Additionally, he cofounded a healthcare technology business, where he served as CEO, garnering multiple industry accolades.

Mr. Khullar earned a bachelor’s degree in electronics and communications from Netaji Subhas University of Technology, Delhi, and a postgraduate diploma in management from the Indian Institute of Management, Lucknow. He is an alumnus of the Rashtriya Indian Military College and has served on the Governing Council of NATHEALTH, a leading Indian healthcare industry federation.

Insights By This Professional

Alvarez & Marsal (A&M) acted as the exclusive financial advisor to the promoters of Blue Sapphire Healthcares Private Limited, the operator of Asian Institute of Medical Sciences (AIMS), on securing private credit from 360 ONE Asset Management. The capital will enable the promoters to consolidate their shareholding in the business.
Redcliffe Labs, India's fastest-growing diagnostic healthcare network built on a preventive-first approach, today announced the strategic divestment of its fertility services business, Crysta IVF, to Moon Care Private Limited, the healthcare arm of the MMG Group. Alvarez & Marsal acted as the exclusive advisor to the transaction.
Ontario Teachers’ Pension Plan Board (Ontario Teachers’) today announced that it has reached an agreement to sell its majority stake in Sahyadri Hospitals Group (Sahyadri) to Manipal Hospitals.
Alvarez & Marsal (A&M) India, has announced the appointment of Mohit Khullar as Managing Director to lead its Corporate Finance practice in India. This strategic appointment is a key step in A&M’s growth plan to significantly scale its Corporate Finance practice.
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Thought Leadership
The latest Alvarez & Marsal (A&M) Distress Alert indicates that businesses are entering this shaky period from a vulnerable financial position. The data shows that financial distress among European corporates reached a four-year high in 2025, driven primarily by earnings weakness.