Position at a glanceItem

Detail

Designation

Head – Fund Raising & Government Incentives (VP / AVP level, based on experience)

Department

Finance & Strategy

Reports to

Managing Director / CFO

Location

Navi Mumbai (Rabale), with regular travel to Goa and New Delhi

Experience

12–18 years in fund raising, corporate finance, project finance or investment banking

Employment type

Full-time, permanent

About HighnessHighness is building display and electronics manufacturing capacity in India, and its next phase is capital intensive. Our glass cutting and resizing line at Rabale, Navi Mumbai — the first of its kind in India — is being inaugurated in November 2026.

Next, we are setting up a Monochrome STN line at the Electronic Manufacturing Cluster (EMC), Goa, followed by Chip-on-Glass (COG) and Film-on-Glass (FOG) lines targeted for commercial production within 12 months. This role will secure the capital, at the right cost, to make that roadmap happen.

Role purposeThe role owns Highness's entire capital-raising agenda — equity and debt — and maximises the government incentives our projects qualify for. Success means funding each expansion phase on time, at a competitive blended cost of capital, with central and state incentives built into every project's financial plan.

Key responsibilitiesDebt fund raising

- Raise term loans, project finance, working capital and equipment finance from public and private sector banks, NBFCs and financial institutions (e.g., SIDBI, EXIM Bank, NaBFID).
- Explore structured instruments: NCDs, ECBs, venture debt, supplier/buyer's credit and lease financing for imported machinery.
- Negotiate interest rates, tenors, moratoriums, security and covenants to keep the cost of debt low and repayment aligned with project ramp-up.
- Manage consortium/multiple banking arrangements, credit ratings and lender relationships.

Equity fund raising

- Raise growth capital from family offices, private equity, venture funds, strategic investors and HNIs.
- Prepare business plans, financial models, investor presentations and information memoranda.
- Lead valuation discussions,



term-sheet negotiation, due diligence and closing with legal and tax advisors.
- Evaluate pre-IPO and IPO readiness as the company scales.

Capital planning and cost of capital

- Build a phase-wise funding plan for each project (Rabale, EMC Goa STN, COG and FOG lines) with the right debt–equity mix.
- Track and reduce the blended cost of capital; benchmark rates and terms across lenders.
- Align fund-raising timelines with capex schedules, equipment orders and commissioning dates.

Government incentives and subsidies

- Identify, apply for and secure incentives under Government of India programmes, including:

o India Semiconductor Mission (ISM 1.0 and ISM 2.0), including the Scheme for setting up Display Fabs and the Semiconductor Fabs / ATMP schemes where applicable o Electronics Component Manufacturing Scheme (ECMS) — capex-linked, turnover-linked and hybrid incentives o Modified Electronics Manufacturing Clusters (EMC 2.0) scheme o SPECS, Production Linked Incentive (PLI) schemes and Design Linked Incentive (DLI) scheme, where relevant
- Leverage state incentives (e.g., Goa and Maharashtra electronics/industrial policies): capital subsidy, interest subvention, stamp duty, power tariff and SGST reimbursement.
- Prepare scheme applications, DPRs and claims; liaise with MeitY, ISM, IFCI (as scheme agency) and state departments; track disbursement milestones.
- Use sanctioned incentives to strengthen bank and investor proposals.

Governance and reporting

- Ensure compliance with loan covenants, FEMA/RBI rules, SEBI norms (where applicable) and scheme conditions.
- Report funding status, cost of capital and incentive receivables to the MD and Board every month.

Qualifications and experience• CA, CFA or MBA (Finance)



from a reputed institution.
- 12–18 years in fund raising, project finance, corporate banking or investment banking, with at least 5 years in a leadership role.
- Proven record of closing both debt and equity rounds, ideally ₹100 crore+ individually, for capital-intensive manufacturing projects.
- Hands-on experience securing central or state government incentives; exposure to ISM, ECMS, PLI or EMC schemes is a strong advantage.
- Background in electronics, semiconductors, displays, glass or other high-capex manufacturing preferred.

Skills and competencies• Market network: active relationships with bank credit heads, NBFCs, DFIs, family offices, PE/VC funds and merchant bankers.

- Negotiation: secures competitive rates and flexible terms; comfortable leading lender and investor negotiations.
- Financial modelling: project IRR, DSCR, sensitivity and valuation models; DPR and CMA preparation.
- Policy knowledge: understands MeitY schemes, application processes and disbursement conditions; tracks new notifications.
- Stakeholder management: credible with Board, investors, bankers and government officials.
- Ownership: works independently in a growing company, with strong integrity and discretion.

Success measures (KPIs)KPI

What valuable looks like

Capital raised vs plan

Each project's funding tied up before key equipment orders

Blended cost of capital

Reduced year on year; debt priced at or below peer benchmarks

Incentives secured

Applications filed on time; sanctions and disbursements received as per schedule

Time to close

Debt sanctions and equity rounds closed within agreed timelines

Compliance

Zero covenant breaches or scheme claw-backs

What we offer and how to apply• A leadership role in building India's display and electronics manufacturing base.

- Direct work with the MD and Board on strategic, high-impact projects.
- Competitive compensation with performance-linked incentives.

To apply, send your CV with a short note on the largest debt and equity transactions you have closed to [email protected]

📌 Head / AVP- Fund Raising & Government Incentives / Subsidies / PLI (Mumbai)
🏢 Highness Microelectronics
📍 Mumbai