Board of Advisors - The Fund

G.K. Pillai
G.K. Pillai
Chairman,
IvyCap Ventures
G.K. Pillai
G.K. Pillai
Chairman, IvyCap Ventures

Mr. G.K. Pillai, IAS, is a distinguished alumnus of IIT Madras and belongs to the Kerala cadre of the Indian Administrative Service (1972 batch). He is the former (recently retired) Union Home Secretary, Commerce Secretary and Secretary of the Department of Justice, Ministry of Law & Justice.

Mr. Pillai has a distinguished service record. Among his many appointments at both state and national level, he was Principal Secretary to the Chief Minister of Kerala before becoming Special Secretary in the Commerce Ministry, India's chief negotiator at WTO, and Chairman, Board of Approvals for Special Economic Zones. During the tenure of this last role, over 500 Special Economic Zones, as tax-exempt export enclave zones, were approved, and are expected to employ around one million people.

He has represented the State and Central Government on delegations to USA, EU, Argentina, Brazil, DRC, Singapore, Japan, Sri Lanka, Philippines, Canada, Bangladesh, Myanmar, China, U.K., Thailand and Slovenia. He is renowned as a tough negotiator on behalf of national interests with a reputation as a thorough gentleman and a stickler for playing by the rule book.

He sits on the board of various companies and out of such companies the names of thecompanies are:

  • Hindustan Petroleum Corporation Limited – Director
  • Zuari Agro Chemicals Limited – Director
  • Adani Ports and Special Economic Zone Limited – Director
  • Data Security Council of India – Director

Ashank Desai
Ashank Desai
Co-Founder & Advisor,
Mastek Ltd.
Ashank Desai
Ashank Desai
Co-Founder & Advisor, Mastek Ltd.

Mr. Ashank Desai is the founder and former Chairman of Mastek Limited, a publicly-held IT solutions player with global operations. He also guides Mastek Foundation, whose mission is to enable 'Informed Giving and Responsible Receiving'. He is widely recognized as an industry veteran, and is one of the founder members & past Chairman of NASSCOM. He is also a former President of Asian Oceanian Computing Industry Organisation (ASOCIO). It is an organization founded for the development of IT in the Asia Pacific region, which comprises of 20 IT Countries like Australia, Japan, Singapore, Malaysia, India etc.

In the last few year, he is actively involved in the field of education, and has been a member of the Governing Boards of IIM Ahmedabad, IIT Jodhpur, and the Goa Institute of Management. He also serves on the Advisory Boards of SJM School of Management, IIT Bombay & IIT Hyderabad.

He is involved in Entrepreneurship Management in the country. He is the Vice-Chairman of Society for Innovation and Entrepreneurship (SINE), IIT. He is a charter member of The Indus Entrepreneurs (TiE).

He has been conferred with the Distinguished Alumnus Award by IIT Bombay and 'Fellow of the Society' honour by the Computer Society of India (CSI) in recognition of his services to the Indian IT Industry as an entrepreneur and for his contribution to the growth of education. He has also been presented with the Honourable Contributors Award by ASOCIO, the only Indian to receive this recognition twice. He was conferred with the much coveted Outstanding Entrepreneur Award at the Asia Pacific Entrepreneurship Awards (APEA) 2010 India. Asia Pacific Entrepreneurship Awards 2010 India is organized by Enterprise Asia - a non-governmental organization in pursuit of entrepreneurship development across the region. Mr. Desai studied at IIT Bombay and IIM Ahmedabad.

Nishith Desai
Nishith Desai
Founder, Nishith Desai Associates
Nishith Desai
Nishith Desai
Founder, Nishith Desai Associates

Nishith Desai is the founder of the multi-skilled, research-based law firm, Nishith Desai Associates ("NDA"), which has offices in Mumbai, Silicon Valley, Bangalore and Singapore.

Nishith Desai is an international tax and corporate lawyer, researcher, author and lecturer. In November 2004, Nishith Desai was ranked as No. 28 in a global Top 50 "Gold List" by Tax Business, a UK-based journal for the international tax community, after a worldwide survey of tax professionals who had influenced tax policies. Nishith Desai also holds a special license from the State Bar of California to practice Indian law.

Nishith Desai has substantial experience in the Fund sector, advising perhaps the largest number of offshore investment funds. He played a seminal role in structuring several private equity funds in addition to structuring several domestic venture capital funds. He has advised the Small Industries Development Board of India and the Department of Electronics, Government of India, on their domestic venture capital fund.

Hari Balasubramanian
Hari Balasubramanian
Founder & CMD, Ontrack
Systems
Hari Balasubramanian
Hari Balasubramanian
Founder & CMD, Ontrack Systems

An entrepreneur for over 25 years, Hari is the founder Chairman and MD of Ontrack Systems Ltd, an ICT company based in Kolkata, India, employing 250 professionals in six countries. Hari has led and executed the acquisition(s) strategy for the company and also led the Initial Public Offering (IPO) of Ontrack. Hari was one of the early adapters of the internet and his popular portal www.calonline.com (Calcutta Online) was acquired by a NASDAQ listed company in 1998-99. Hari subsequently founded www.tendertimes.com, India's first tendering portal. Prior to starting Ontrack, he was a Systems Engineer with Bharat Heavy Electricals Limited (BHEL) where he championed the usage of Personal Computers (PC) in place of mini and mainframe computers.

Hari earned a BE (Bachelor of Electrical Engineering) from Bengal Engineering College, Shibpur. He currently serves as the Chairman of the Board of Comunet Info-Systems Private Limited (www.comunetsystems.com). He also serves as a trustee/Office Bearer of TiE (www.tie.org), COMPASS (www.compassindia.com), NASSCOM (www.nasscom.org), FirstJob College (www.firstjobcollege.com) and Shree Dibyananda Mission. Hari takes deep interest in mentoring entrepreneurs and likes to speak on his ongoing research in wealth dynamics.