The United Nations defined 17 goals and 169 targets, a blueprint to achieve a better and more sustainable future by 2030. A universal, multi-stakeholder approach has been adopted by all 193 United Nations member states on 25 September 2015.The 17 Sustainable Development Goals cover issues across poverty, inequality, climate change and infrastructure.
We, at IvyCap Ventures are of the opinion that investing through UN's Sustainable Development Goals or SDG investing will enhance the returns of our portfolio companies further while making us the first VC to integrate the concept of SDG in VC investing
Integrating SDGs into business strategy protects against:
Companies that are sustainable have great potential for profitability, job creation and show a greater resilience and ability to recover from economic crises, climate disasters and recessions. This is because sustainable development can help mitigate business risks from potential disruption of operations, supplies or reputational damage.
Sustainable Portfolios also have an advantage in terms of compliance, regulatory requirements and access to government subsidies. There is also an increasing availability of funds for sustainable portfolios and impact investments from investors around the world, as people are realising the merits of conducting business sustainably.
We, at IvyCap Ventures believe that we can leverage our Global IIT Alumni Network, to help our Current and Potential portfolio companies pave the way to sustainability. The IIT Alumni network will be particularly helpful as there is a need for a global network to tackle the major problems that we face today.
We have already started mapping our current portfolio companies to the SDG's and have identified indicators that the companies can use to measure and improve their level of sustainability.
Sustainable Portfolios also have an advantage in terms of compliance, regulatory requirements and access to government subsidies. There is also an increasing availability of funds for sustainable Portfolios thereby impacting investments from investors around the world.
As investors are realising the merits of conducting business sustainably we at IvyCap Ventures believe that we can leverage our Global IIT Alumni Network, to help our Current and Potential Portfolio companies pave the way to sustainability. The IIT Alumni network will be particularly helpful in this as there is a need for a global network to tackle the major problems that we face today.
We have already started mapping our current portfolio companies to the SDG’s and have identified indicators that the companies can use to measure and improve their level of sustainability.
The objective of FT Cash to promote financial inclusion by breaking down the barriers faced by MSMEs like lack of information, access to credit, limited collateral etc. as well as lenders like low ticket size, credit risk assessment etc. Their ideology is to grow the middle class in order to enable them to then live a fulfilling life, as with financial inclusion and stability comes better nutrition, healthcare, education, and a sense of justice in the country as well.Read More
Nearly 40% of MSMEs and more than 60% of banking customers borrow from the informal sector due to the archaic processes and inefficiencies of traditional institutions. The informal credit market exploit vulnerable merchants by charging unreasonably high interest rates. This erodes growth opportunities for various MSMEs and leads to financial instability.Read More
Fingpay allows customers to shop bare pockets i.e. without cards, cash, mobile and wallets. Collaborating with microfinance companies, rural NBFCs and various state governments Fingpay is working towards eliminating financial illiteracy, over dependence of cash, irregular banking communication etc and bringing fintech to rural India.Read More
Integrating pharmaceutical distributors and retailers onto a single platform and systemize the distribution of inventory. This would provide every MSME an equal opportunity to be a part of the supply chain and attain a level of efficiency that is paramount especially in the healthcare sector. The organisation believes in a model that promotes equality in participation among all scales of enterprises.Read More
Eradicating poverty in all its forms is not just important but necessary in its true sense. While reports claim that the number of people living in extreme poverty dropped by more than half between 1990 and 2015, there are glaring examples where several people are still struggling for even their most basic human needs.
According to industry stats, as of 2015, approximately 736 million people still lived on less than US$1.90 a day; many lack food, clean drinking water, and sanitation. Talking about demographical differences although the rapid rate of progress in China and India has lifted millions out of poverty, this has not been even. The SDGs are a strong commitment to eradicate poverty by 2030. Some glaring facts (Source- UNDP)
It is indeed unfortunate but true that extreme hunger and malnutrition pose an immense threat to the progress of any country. Incidents of environmental degradation, biodiversity loss, and drought have had a direct impact on the hunger problem. Countries like East and Central Asia, Latin America, and the Caribbean are making immense progress in eliminating excruciating hunger. Discussing on a positive note, the SDGs are on a mission to eradicate all forms of hunger and malnutrition by 2030. This aims to provide everyone, especially children, sufficient nutritious food always. This is made possible by facilitating sustainable agriculture, supporting small-scale farmers, and providing equal access to land, markets, and technology.
Universal health coverage is a significant point in realising this goal of SDG. Life expectancy has increased thereby declining maternal and infant mortality rates. Importantly, deaths from HIV and malaria have decreased drastically. Efforts should be made in order to include global health priorities like antimicrobial resistance and others should be included in the SDGs.
However, what is disheartening to notice is that the progress has not been uniform within and between the counties. While on one hand, some of the countries have witnessed impressive development, on the other hand, some of them are lagging far behind.
Since the last 20 years, tremendous efforts have been directed towards achieving the target of universal primary education. According to several reports developing regions have witnessed enrolment of 91 percent in 2015, and the worldwide number of children out of school has dropped by almost half. There has been a sharp rise in literacy rates.
However, factors like poverty and other emergencies have proved to be deterrent in the developing nations. It is seen that there are chances of children from the poorest households dropping out of school more than those of the affluent households. Giving universal access to quality higher education and providing affordable vocational training are the main aspects of quality education.
While there has been remarkable progress in the notions about gender equality, there still exists large inequalities and disparity in several areas. There are cases where women are denied the same work rights as their male counterparts. There are glaring examples of the unequal division of unpaid care and domestic work, sexual violence, and exploitation. Thus, in this situation, it is extremely to provide equal rights of property and land, sexual and reproductive health, internet, and other forms of technology to men and women alike. Encouraging women to assume leadership positions is an important aspect in this regard.
There are several countries that are experiencing drought and desertification, thereby leading to worsened water stress. In order to ensure affordable and safe drinking water, it is important for investment in infrastructure, sanitation, and proper hygiene. Conservation of water-related ecosystems is important in this regard.
The demand for cheap energy, strive towards an economy completely based on fossil fuels will never cease to exist. Thus, to achieve the goal of affordable and clean energy it is important that investments in solar, wind, and thermal power are made in order to improve energy productivity. Efforts should be made to expand infrastructure and upgrade technology in all possible ways.
Widening inequalities in the economic growth chart, insufficient jobs are continuously hampering the growth of the labour force. Entrepreneurship and job creation should be encouraged as effective measures in order to bring an end to the forced labour, human trafficking, and slavery. Thus, productive and full employment along with decent work for men and women is essential for everybody.
Sufficient investment in infrastructure and innovation are the primary growth drivers of economic prosperity. Mass transport and renewable energy along with information and communication technologies are important components of the same. Therefore, promoting sustainable industries plus ample investment in scientific research and innovation can be considered as pre-requisites for sustainable development.
The disparity beyond the affluent and poor is beyond human comprehension and measurement. While inequality exists everywhere the rate has been different in diverse parts of the country. It is the lowest in Europe and the highest in the Middle East.
Facilitating a change to the same will involve solutions at a global level. Safe migration and mobility of people can also bring a change in the migration of people.
Sustainable development of any nation can only be achieved by improving the living condition of the people in urban areas. Rising population and increasing migration lead to the development of the cities. This has, in more than often situations, led to a rise in mega cities in the developing nations and slums becoming an important aspect of urban life. Ensuring career and business opportunities, safe and affordable housing, and building resilient societies and economies are key to smart and sustainable cities.
Reducing ecological footprint by changing the way we produce and consume goods and resources is the need of the hour. Efficient management of natural resources and sustainable waste management can make a vast difference to mankind and the society we live in. Therefore, it is advisable to encourage industries, businesses, and consumers to recycle and reduce waste. Constant efforts are made to support developing countries so that the journey towards sustainable patterns of consumption is much more feasible.
Unfortunately, a massive portion of our world population has a consumption level much lesser than their basic needs. Thus, halving the per capita of global food waste at the retailer and consumer levels is also important for creating more efficient production and supply chains. This will enable food security, and thereby bring a shift towards an efficient economy.
According to reports it is estimated that the annual average economic losses from climate-related disasters are in the hundreds of billions of dollars. These help in integrating disaster risk measures, sustainable natural resource management, and human security into national development strategies. Increased investment along with the right technology can help in bringing solutions for the same.
Oceans have a capacity of absorbing approximately 30 percent of the carbon dioxide produced by humans. Marine pollution has touched an alarming level. Reports show that an average of 13,000 pieces of plastic litter is found on every square kilometre of ocean.
In this regard, the primary aim of the SDGs is to manage and protect marine and coastal ecosystems from pollution, and also find means to ocean acidification. Hence, enhancing conservation and the sustainable use of ocean-based resources can help to lessen some of the primary challenges that the oceans face.
Plant life constitutes about 80 percent of the human diet. In addition, agriculture is one of the most important aspects of economic resources. Forests serve as vital habitats for millions of species, and important sources for clean air and water, as well as being crucial for combating climate change. Thus, in this regard, wildlife trafficking disrupts biodiversity, thereby creating insecurity, fuel conflict, and ultimately leading to acts of corruption. In this regard, urgent action must be taken to reduce the loss of natural habitats and biodiversity.
While there is peace, security and prosperity in some regions of the world, others are still struggling to bring an end to the acts of conflict and violence. This is not inevitable and must be addressed. Sexual violence, crime, exploitation, and torture are throwing great risks to the individuals and posing deterring the growth of a nation. The SDGs are trying to diminish violence, conflict, and insecurity. Efforts must be made to bring in the rule of law and human rights. This will help in establishing the developing nations in the institutions of global governance.
While all the SDGs are discussed and deliberated upon, the realisation can only be achieved with strong global partnerships and cooperation. With technological advancements, the world in today’s time is more interconnected than ever. Thus, providing access to technology and knowledge can help in better exchange of ideas and better innovation. Setting the right agenda and policies in place will facilitate developing nations to manage their debt better, and promote investments for growth and development.
A cascading effect of poverty is world hunger. Currently more than 821 million people in the world suffer from hunger. India ranked 94 among 107 nations in the Global Hunger Index 2020 and is in the Serious Hunger category with experts blaming poor implementation processes, lack of effective monitoring, siloed approach in tackling malnutrition and poor performance by large states behind the low ranking. This has a direct correlation with the rising stunting (37.5%) and wasting (17.3%) witnessed among Indian children today.
An alarming 5.6 million children die each year from preventable causes, including communicable diseases, a serious concern. Over 14 children die every hour due communicable yet preventable diseases. This is mainly due to the compounded effect of malnutrition and pollution.
India is the second highest country after Nigeria for number of deaths per thousand for children under 5 years. Lack of adequate sanitation and access to safe water are the root causes for this complication.
The plight of gender inequality is also a key issue. There are 155 countries with at least one law that impedes women’s economic opportunities, highlighting the prevalence of gender inequality. In India, although there are several measures instituted to protect gender inequality such as access to property, institutions, ability to build credit etc., a mere 25% of the work force is composed of women and there exists pay inequality.
Resource protection and conservation is imperative for sustainable growth. A billion people globally are still living without access to electricity, modern energy with many using polluting non-renewable sources.
Many parts of India still receive unreliable electricity and over 50% of it comes from coal. This can significantly impact the climate and world’s ecosystem in the long run.
Putting the severity of climate change in numbers, globally climate change related disasters caused $300 billion of economic losses in 2017. In 2018 India suffered a loss of US $37 billion due to climate change. India is ranked 5th for most affected by climate change. Cities like Mumbai and Kolkata continue to face escalating risk of rising sea level.
Waste management is another serious situation that must be acted upon. Globally 1.3 billion tons of waste is generated annually. Urban India generates 62 million tonnes of waste (MSW) annually, and by 2030 it will reach 165 million tonnes. Today, a staggering 31 million tons is dumped in landfill sites and just 11.9 million is treated.
This has led to the threatening extinction of numerous wildlife species. In India there many critically endangered species like Bengal tigers etc. We are currently in the middle of the 6th Mass extinction.
We at IvyCap Ventures recognize that companies that are sustainable have great potential for profitability, job creation and show a greater resilience and ability to recover from economic crises, climate disasters and Recessions. This is because sustainable development can help mitigate business risks from potential disruption of operations, supplies or reputational damage.
Sustainable Portfolios also have an advantage in terms of compliance, regulatory requirements and access to government subsidies. There is also an increasing availability of funds for sustainable Portfolios and impact investments from investors around the world,
As investors are realising the merits of conducting business sustainably.
We at IvyCap Ventures believes that we can leverage our Global IIT Alumni Network, to help our Current and Potential portfolio companies pave the way to sustainability. The IIT Alumni network will be particularly helpful as there is a need for a global network to tackle the major problems that we face today which are all interconnected to other nations.
We have already started mapping our current portfolio companies to the SDG’s and have identified indicators that the companies can use to measure and improve their level of sustainability.
Companies like Biryani by Kilo tackle issues like zero hunger, where as other companies like Pharmarack help with Access to medicines and Ft Cash, Lendbox and Fingpay help with financial inclusion and rural access to Finance. We believe this to be the correct way of investing and monitoring our portfolio companies and that sustainable Businesses are the way of the future.
The objective of FT Cash to promote financial inclusion by breaking down the barriers faced by MSMEs like lack of information, access to credit, limited collateral etc. as well as lenders like low ticket size, credit risk assessment etc. Their ideology is to grow the middle class in order to enable them to then live a fulfilling life, as with financial inclusion and stability comes better nutrition, healthcare, education, and a sense of justice in the country as well.
Globally, micro-merchants transact over USD 6.5 trillion dollars annually, and serve over 4.5 billion customers daily. A recent study estimates that around 59 million micro-merchants operate in India, with a potential market size of around INR 23,000 Crore. The aim of FT Cash is to regularize and formalize this market.
Nearly 40% of MSMEs and more than 60% of banking customers borrow from the informal sector due to the archaic processes and inefficiencies of traditional institutions. The informal credit market exploit vulnerable merchants by charging unreasonably high interest rates. This erodes growth opportunities for various MSMEs and leads to financial instability.
This is the problem that lendbox is driven to solve. Their objective is to formalise the lending platform as well as give retail investors an investment opportunity.
Fingpay allows customers to shop bare pockets i.e. without cards, cash, mobile and wallets. Collaborating with microfinance companies, rural NBFCs and various state governments Fingpay is working towards eliminating financial illiteracy, over dependence of cash, irregular banking communication etc and bringing fintech to rural India.
Integrating pharmaceutical distributors and retailers onto a single platform and systemize the distribution of inventory. This would provide every MSME an equal opportunity to be a part of the supply chain and attain a level of efficiency that is paramount especially in the healthcare sector. The organisation believes in a model that promotes equality in participation among all scales of enterprises.
|Investment Stage||Early to Growth|
|Investment Size||Angel Fund – Upto INR 2 cr
Series A/B: INR 15 cr - INR 40 cr
Follow on Allocation: Upto INR 100 cr
|Geography||Primarily focused on investing in Indian companies with global scale potential. We actively invest in companies in the India-US and the India-S.E Asia Corridor.|
|Founding Teams||Led by a strong founding team backed by high-quality experienced entrepreneurs|
|Business Model||Differentiated business models with strong unit economics demonstrating differentiation and traction focusing on large, addressable, high growth markets. Asset light, innovative technology-led companies with the potential to be leaders or disruptors in their space on a global level.|
|Governance||Focus on exponential growth with high corporate governance|
|Sector Focus||Sector Agnostic with focus on ConsumerTech, HealthTech, Edtech, Enterprise/SAAS, DeepTech|
|Impact||Alignment with Sustainable Development Goals (SDGs) framework without compromising on returns|
First-of-its-kind mentor network: Our core philosophy is that value is created through capital and expertise. To this end, the Fund has created a high-quality mentor program. The mentor pool constitutes a diverse pool of mentors, comprising alumni who are leaders in various fields. This highly experienced pool of 65+ mentors is instrumental in providing active mentoring to help in execution and scale- up, to the Portfolio Companies. Apart from having access to this mentor pool, each Portfolio Company is assigned two mentors who actively work with the Portfolio Companies in strategy, Coaching, Capacity building, and provide domain expertise for business development and operations. We believe that the value created by this unique mentor network is immense and is amongst the key differentiators of the Fund. The role of mentors for any venture is in value addition in terms of building enthusiastic future leaders for the industry. The Fund has a differentiated deal flow through Alumni, mentor team and bottom-up industry connects - the majority of our deals in Fund I have come through the IIT IIM alumni ecosystem. The Fund also enjoys direct support from over 5,000 IIT and IIM graduates globally. The alumni network serves as a pool that IvyCap taps into for talent acquisition, expertise, business connections for the portfolio companies. In addition, the Alumni network serves as a source of referred and proprietary deal flow. Most of the deals in Fund 1 and Fund 2 come through the alumni network. The alumni network also serves as a pool that IvyCap taps into for talent acquisition, expertise, business connections for our portfolio companies.
Vikram has over 25 years of experience in Private Equity, Business Consulting, M&A, Strategy and Operations in Healthcare and Life Sciences, Education, Consumer Goods and other industries. He has held leadership positions across various well-known companies in India and abroad. Vikram has deep domain experience in investing and managed 50+ investments in the venture capital and private equity space.
Prior to founding IvyCap, Vikram was the founding member at Ajay Piramal sponsored USD 100 mn Healthcare focused Private Equity Fund that he conceptualized, and raised in 2008 when the world markets were going through turmoil. Vikram worked in the US with IBM Business Consulting Services for over 4 years in strategy and planning, business development and project management across various assignments. He conceptualized and led IBM’s Healthcare and Life Sciences practice for Clinical Genomics. He has also held senior positions in various well known Indian companies.
Vikram is the Co-Chairman of PEVCAI (Private Equity and Venture Capital) at ASSOCHAM (The Associated Chambers of Commerce and Industry of India) and is an active member of IVCA (Indian Venture Capital Association) and CII (Confederation of Indian Industry). He has received distinguished Alumnus Service Award from IIT Delhi in the year 2020.
Vikram has completed his B.Tech in Chemical Engineering from IIT Delhi and has a MBA degree in Strategy and Finance from Case Western Reserve University, Cleveland, Ohio, USA.
Ashish has over 25 years of experience in Venture Capital, M&A, and Strategy Consulting.
During his career, he has worked with various companies across the investment lifecycle, from incubation to exit. He has advised over 40 companies on business strategy, growth, implementing new business models, value creation and monetisation, mergers and acquisitions, and new investments in technology, consumer and traditional industries across Asia, India and Europe.
Ashish has also found and run his own ventures, and has been a member of the board in several companies across the APAC region while currently serving as a board member of The Indus Entreprenuers (TiE) Singapore.
He has also managed and led 30+ investments in Venture Capital, Private Equity, Direct Investing and has led a NASDAQ listing. Ashish has also been an entrepreneur, running his own ventures, and has been a member of the board in several companies across the APAC region while currently serving as a board member of The Indus Entrepreneurs (TiE) Singapore.
Vishal Gauri is a Co-founder of IvyCap Ventures, a fund that brings together an ecosystem of alumni, educational institutions and entrepreneurs to drive value creation for investors. He is an entrepreneurial business leader with a track record of founding and building companies. Vishal has a diverse background, with deep expertise in materials, semconductors, software and financial services. Across his 20 year career, Vishal has developed go-to-market strategies, led sales & marketing and streamlined operations to create sustainable growth in both early and late stage ventures.
In his prior role, Vishal was President and Chief Strategy Officer at Incedo, where he led its strategic pivot, to focus on productized AI/ML solutions that revived growth and increased margins.
Vishal was also President of Nagarro, a global technology solutions company – where he was responsible for overall strategy, revenue and growth. Under his leadership, Nagarro grew to grew 20x in revenue and was acquired by Allgeier SE. Vishal is an operator and a hands-on leader, owning multiple functions across the company during growth to 2500+ team members. He led P&L for Americas, and built high performing teams across US, MX and India.
In his early career as a technologist, Vishal focsed on developing leading new processes and materials in multiple industries. Vishal is an inventor on 18 patents in areas including ceramics, semiconductors, plasma processing and reactor design.
Vishal is passionate about creating an impact, and is active as a volunteer, advisor or board member in several social causes, including Peopleshores, a public benefit corporation that aims to bring tech jobs to underserved rural US communities.
Vishal was born in India in 1972, and currently lives in Los Altos, CA (USA) with his wife and two sons.
Anju Gupta focuses her efforts on nurturing entrepreneurs to explore their potential to the fullest through mentoring, corporate engagements, accelerators programs and more driven through the IvyCamp Platform. She is strongly committed to driving the company’s funds efforts to support and build out the next generation of entrepreneurs.
Anju has over 15 years’ experience in the Product Management and Marketing segments of the software industry. After her PhD in the US, she worked in a number of roles (most recently as Sr. Director) at Risk Management Solutions Inc., in California, the leading provider of catastrophe risk models for the global re/insurance industry. Her roles have included building risk assessment models for earthquakes, leading the software development cycle for RMSs first ASP weather derivatives product, leading the product management team for RMS’s core catastrophe software product line (revenue of over $100 million), playing a key role in the core team that laid the groundwork for RMS next generation modelling platform, and the architect of RMSs first usage based pricing methodology for its next generation platform.
She has authored a number of publications in catastrophe risk management, and has extensive knowledge of the risk management needs of specific sectors and organizations. She has worked closely with organizations such as the Federal Emergency Management Agency, the Office of Emergency Services, PG&E, Insurance companies, and with risk managers in the commercial sector in the USA.
Sonia has 15 years of experience in Banking, Strategy & Operations and Entrepreneurship. She has held leadership positions across various well-known companies in India and Abroad. She founded four companies and has an excellent track record of building businesses from scratch. Sonia has incubated companies in Human Resource Outsourcing (HRO), Hospitality and Healthcare industries. She has been involved in various Mergers and Acquisitions activities of her companies and has dealt with Private Equity and Venture Capital funds as an entrepreneur.
She holds a B.A. in Economics from Delhi University and dual MBA degrees in Marketing and Finance from Cleveland State University, Cleveland, Ohio and IMT, Ghaziabad.
Anshuman brings with him a rich work experience of more than 15 years in venture capital investments, fundraising and investment research. Anshuman has led 20+ investments across sectors.
Anshuman joins us from RVCF, a domestic VC fund, where he was accredited with a number of successful investments and exits. He also played an active role in setting up of the fund for RVCF and successfully raising institutional capital for the fund. Prior to RVCF, he was a part of Brand Capital, a Times of India group initiative and Moody’s Analytics, Gurgaon.
Anshuman is a Chartered Accountant, a commerce graduate from Delhi University and an alumnus of CEE, Indian School of Business (Hyderabad)
Ruchir is Vice President at IvyCap’s Credit Opportunities Fund and focuses on all the functions of the fund business including fund raising, identification of investment opportunities, deal making, portfolio management and exits.
Prior to joining IVY, Ruchir was with IntelleGrow, the Venture Debt Arm of the Aavishkaar Intellecap Group, for 7 years. At IntelleGrow, he was on the deal side, responsible for Sourcing, Structuring, Due Diligence, Credit Assessment and Portfolio Monitoring. During his stint at IntelleGrow, he created and managed a portfolio of over $50 Mn. across multiple impact sectors like Healthcare, Education, Fintech, Consumer, Waste Management, Agri supply chain etc., also executing warrant exits for portfolio companies with attractive returns.
He was actively involved in setting up processes, pioneering the cash flow based lending approach at IntelleGrow and led institutional tie-ups for his firm. He was also involved in managing a part of the fund-raising (equity & debt) process at IntelleGrow.
Ruchir has interned with the Mercedes Benz brand and was also awarded with an extended stay for his performance during his stint. Prior to his post-graduation, he has also had short term exposures in the Consumer Durable and Wellness industry.
Ruchir holds a Bachelors and Masters degree from Mumbai University and completed his CFA Level 1 in June 2018.
Madhuri comes with 6+ years of experience on matters ranging from company formation to closure, including investment term sheet, business contracts, employment terms, stock options, corporate compliances, trademark, FDI, GDPR, business transfer, joint venture, etc.
Prior to IvyCap Ventures Madhuri was a Senior Associate at Burgeon Law Firm and worked at GREX as well.
She is a Lawyer from ILS Law College and a Company Secretary by profession with a Masters in Business Laws from NLS Bangalore.
Sonia has over 15 years of experience in Banking, Strategy & Operations and Entrepreneurship. She has held leadership positions across various well-known companies in India and abroad.
Sonia is a seasoned entrepreneur having founded and exited four companies while having an excellent track record of building businesses from scratch. Sonia has incubated companies in Human Resource Outsourcing (HRO), Hospitality and Healthcare industries. She has been involved in various mergers and acquisitions activities of her companies and has dealt with Private Equity and Venture Capital funds as an entrepreneur.
She holds a B.A. in Economics from Delhi University and dual MBA degrees in Marketing and Finance from Cleveland State University, Cleveland, Ohio and IMT, Ghaziabad.
Utkarsh Sinha is an Analyst at IvyCap Ventures. Prior to starting off in VC, he was working as an Associate at Strategy& and has 1 year of experience of working in a management consulting set-up where he got to work on several business- development projects and client engagements across BFSI and Logistics sector. He is a firm believer in the Indian growth story and is very keen on investing in high potential start-ups and working alongside them to overcome any challenges and help them grow. Utkarsh completed his B.Tech and M.Tech in Chemical Engineering from IIT Delhi in 2019.
Zitin comes with extensive experience in fields of Sales, Marketing, Account Management and Finance. Prior to IvyCap Ventures she was working as an account manager at Zomato enabling restaurants to maximise profitability through strategy. Additionally, Zitin was working as an investment banking industrial trainee at Edelweiss in the M&A side gauging start-up potential. Zitin graduated from Shri Ram College of Commerce with an excellent academic and co-curricular record.
Nilay comes with over 6 years of experience in Venture Capital and Finance Industry. He has worked earlier with Swan Finance and CIIE Initiatives.
In last 6 years, Nilay has worked with early stage startups and established SMEs. He has worked with startups across different sectors including Agriculture, Healthcare, Fintech, IoT, Space, Robotics, etc and analyzed them for angel and seed investment. He has worked with SMEs for project financing and provided advisory around financial strategies.
He has also worked with more than 100+ startups over a time span of 6 years and provided advisory in terms of financial and business models, GTM strategy, product- market fit, scaling up etc. He has helped the startups with fundraising from other investors too.
Nilay is a Chartered Accountant and a CFA Charterholder.
Ajay has 30 years of management experience in India-entry strategy consulting, cross-border public and private sector partnership development, business transformation and complex technology transfers. His strong understanding of global business practices combined with deep knowledge of the Indian regulatory landscape has enabled him to help more than 1,000 multi-national companies achieve transformational growth and long-term success in India. He has vast experience in every major sector and functional area, with a specialization in technology, healthcare, consumer goods, energy and. manufacturing.
In 29 years at Tecnova India, Ajay transformed the company from one that sold French technologies in India to one of the leading India-entry strategy consulting companies. He was part of 2,500+ global client engagements, providing end-to-end solutions, spanning consulting, advisory, incubation, partnership and implementation. He managed relationships with over 1,000 global companies and 2,000+ CXOs from US, Europe and Japan. Ajay also established and led the executive search firm Boyden’s franchise operations in Delhi, launched a startup incubator in association with Wharton Business School and State of Pennsylvania, and pioneered Tecnova’s expansion into the North America and Europe. In the span of one year as CEO, Ajay turned the company around, brought it back to profitability and established a culture of talent excellence and leadership development.
Ajay currently sits on the advisory and board of Indian operations of several global companies, including American companies like Pfingsten Partners and Somero Enterprises and the Swiss company, Biodenta.
Prior to Tecnova, Ajay was the Industrial Advisor to the Royal Kingdom of Bhutan for over 2 years. During that time, he worked closely with the Minster of Trade, Industry and Mines to draft Bhutan’s first Industrial Policy. He also led negotiations to secure more than US$ 250 Million funds from UNIDO, World Bank and CDC for new Industrial & Mining projects in addition to serving as the Alternate Director to the Chairman on 17 joint-sector projects. Ajay also spent over 4 years as the Executive of Packaging Machinery at Metal Box, where he was responsible for launching high-value global turnkey contracts in India and USSR.
Ajay holds an MBA from Indian Institute of Management, Ahmedabad and a B.Tech in Mechanical Engineering from Indian Institute of Technology, Kanpur.
Ajay Phatak is the Vice President & Pune Centre Head at Harman International. Previously, he was the co-founder and CEO of Jopasana group of companies, a software products development group located in Pune. Jopasana was acquired by CoreObjects, which was subsequently bought out by Symphony Services.
With 17 years as a CEO and 3 years as the Business Unit Head, his experience lies in developing and executing business for product companies as well as product development services companies dealing with high technology and Industry OEM customers. Some of the focus industries include – Process & Manufacturing, Energy, Healthcare, Automotive. Ajay has worked with customers ranging from high tech start ups to multi billion $ global corporations. His strengths lie in product management and business development. Substantial work in the area of architecting real time software products and solutions. Excellent cross disciplinary background in both engineering and computer science.
He is involved in two not-for-profit organizations working in the area of ecology and environment as a Trustee. He is a trustee & faculty at the ecological society and teaches ecological economics, Business in society and sustainability.
He is an invited speaker at several events on topics ranging from Technology, Entrepreneurship, Sustainability and Ecological Economics. In December 2009, he was honoured with the Distinguished Service Award by Indian Institute of technology, Bombay. He has a Bachelor of Technology degree from Indian Institute of Technology, Bombay in Computer Sciences and Masters in Computer Sciences from University of Pune.
Ananda is an Independent Consultant, who provides consulting services in Business Strategy, Marketing and Telecommunications Software & Technology space. Ananda comes with fifteen years of hands-on experience, most of it with Agilent Technologies in the US and Asia, covering product management, marketing, business development, sales and delivery of a range of Telecommunications related software and hardware products. Ananda has also held leadership roles in an international Telecommunications industry forum – MPLS Forum – and has delivered papers and chaired sessions at several international conferences. Ananda has experience of managing Indian operations of a U.S. company, Objective Systems Integrators, including running Asia sales and business development, technology direction setting and running day to day operations, as well as overseeing running customer projects. Ananda is also founder of Shruti Healthcare, a provider of IT consulting services in the Healthcare sector.
Ananda holds a Bachelor of Technology degree from Indian Institute of Technology, Delhi and an MBA from Indian Institute of Management, Calcutta.
Anil Apte is a seasoned IT professional with 28 years of hands-on experience in Software Product Development, Project/Program management and Architecture Management. He is currently the Senior Vice President at Extentia Information Technology in Pune, where he is responsible for Engineering, Delivery, Innovation & Relationship Management in IT projects and providing Project/Program/Portfolio governance in a Lean/Agile environment.
Anil is an alumnus of Indian Institute of Technology, Bombay (1980) and is based in Pune, India.
Anu Acharya is currently the CEO at Mapmygenome, a molecular diagnostics company to make people proactive about their health. She is also the Founder & Former CEO of OcimumBiosolutions, a global genomics outsourcing partner for discovery, development and diagnostics. Since founding the company in 2000, she has led the company through three strategic international acquisitions, two capital raises for equity investments and launch of several innovative products, solutions and services through its proprietary platform called RaaS (Research as a Service). She was recently named a “Young Global Leader” by the World Economic Forum for its class of 2011. She was selected by Red Herring Magazine to the list of “25 Tech Titans under 35” in 2006, has been named Biospectrum “Entrepreneur of the Year” for 2008 and has been awarded the Astia Life Science Innovators Award in the same year. She currently serves as a governing board member at CSIR (Council for Scientific and Industrial Research), the premier R&D Organization in India and also a governing board member at the NIBMG (National Institute for Biomedical Genomics).
Anu holds a Bachelors degree in Physics from IIT Kharagpur and a Masters degree from the University of Illinois.
A Healthcare Strategy and Technology Executive with extensive experience in designing and implementing IT strategies and IT architectures, as well as comprehensive Project Management Offices and Change Management programs for numerous Healthcare and Life Science organizations. Anwer has led and performed on teams that have developed and deployed solutions that were integral for process re-engineering, infrastructure assessment, work flow redesign, supply chain management, metadata management, knowledge management, e-business and e-commerce, standards alignment, and clinical software development. Furthermore, he has published and presented papers regarding utilization management and metadata management within the healthcare industry. He also holds several patents relevant to healthcare data management and is often interviewed by leading industry analysts on healthcare informatics topics.
He is currently a Director at Deloitte Touche Tohmatsu. Prior to that, he was a Partner and Healthcare & Life Sciences Practice Director at West Monroe Partners. He has held various management roles at Diamond Management & Technology Consultants, IBM Global Business Services, and Synergy Healthcare etc.
Dr. B.V. Phani is currently the Dean Of Resources & Alumni, IIT Kanpur. He is also the visiting faculty at the National Entrepreneurship Network and is a recipient of the London Business School A.V. Birla award for doctoral research and the National Stock Exchange Research Initiative award for Research. Dr. Phani is also involved in intellectual property management and spearheads the patenting and technology transfer activity at IIT Kanpur.
Key assignments handled by Dr. Phani are:
1. Professor, Finance and Entrepreneurship:Department of Industrial and Management Engineering (IME)
2. Associate Dean Innovation & Incubation (ADII): Office of Research and Development (R&D)
3. Coordinator: SIDBI Innovation Incubation Center (SIIC)
4. Coordinator: Syndicate Bank Entrepreneurship Research and Training Center (SBERTC)
5. Chairman: Investment Committee
Prof. Phani holds a PhD from IIM Calcutta in Finance and an undergraduate degree in mechanical engineering from Osmania University, Hyderabad.
Lalit Yagnik is an ICT expert with over 25+ years experience working globally. In various roles as a technologist, technology & solutions evangelist, architect, incubator, entrepreneur and mentor, Lalit has managed to generate acceptance of newer solutions in the market and create skills and technical leadership required to successfully assimilate and execute these technologies for the customers.
Lalit joined IBM in Australia. He was posted as the Technology Director at SingaLab (an IBM Joint Venture with Singapore government) to transform an R&D company incubated in National University of Singapore to a leading-edge client solutions company. He was also tasked to create an innovation center for e-business solutions for India and global market. In both these roles, he developed first-of-a-kind solutions while creating and leading a team of young technologists. More recently, Lalit worked on Big Data and IBMâ€™s Smarter Planet Solutions that included CAMS (Cloud, Analytics, Mobile, Social). He was part of the ninety people global leadership team of IBMâ€™s Academy of Technology.
After leaving IBM in early 2014, Lalit has been mentoring technology growth companies in their entrepreneal drive with innovative solutions.
Lalit holds a Computer Science degree from BITS Pilani, Master of Business from RMIT Australia and Executive Leadership Certificate from Cornell University.
Mr. Sivadasan is currently the Group President of Envestnet Retirement Solutions (NYSE:ENV) and has been with Envestnet since its inception.Mr. Sivadasan is a serial entrepreneur and has a distinguished record working with other entrepreneurs, turning ideas intoinnovative companies, and delivering solutions for Fortune 500 companies. He has extensive experience in global software and service delivery models and co-ordination of engineering andoperational activities across geographically distributed groups. He also is experienced in leading architecture, design, anddevelopment for large projects. For the past fifteen years, his focushas been on cloud, e-commerce and mobile applications. He has acted as a lead architect and programmer for Hewlett-Packard, where he worked on building a Java Virtual machine and anembedded application delivery platform. He was also the founding Chief Technology Officer for few start-up companies, includingStamps.com (STMP). Sivadasan has also worked as a technologyconsultant for application infrastructure companies like Quest Software and financial services companies like Discover.
Mr.Sivadasan is an active angel investor and enjoys guiding andmentoring entrepreneurs. In addition, Mr. Sivadasan serves as a venture advisor to few Venture Capital firms.Sivadasan holds a B.S. in Computer Science and Engineering from Kerala University, India.
Mr. Harshavardhan M. Chitale is currently the CEO of Philips Lighting Solutions – South Asia and the Member of the Board of Directors at HCL Healthcare Ltd. Previously, he was MD and CEO of HCL Infosystems Limited. He moved to HCL after a successful stint at Honeywell Process Solutions, a wholly-owned subsidiary of Honeywell International Inc. where he led the business for the North and South America region. Prior to that, he was responsible for Strategy and Global Marketing for Honeywell Process Solutions. Harsh has a wealth of experience as a senior business leader with rich business management experience in both Indian and global companies. He has handled various large System Integration and Lifecycle services businesses. Passionate about technology solutions, Harsh believes that people are the most important part of the transformation process and key to growth and success of any company.
Harsh is a recipient of the Director’s Gold Medal at IIT Delhi, from where he completed his Electrical Engineering and thereafter started his career with TATAs in TATA Administration services (TAS).
Mr. Kalra is the Founder and Chief Executive Officer at Makemytrip.com Inc. He founded MakeMyTrip Limited in April 2000 and serves as its Group Chairman and Chief Executive Officer.
Mr. Kalra has over 18 years of experience in e-commerce, sales, corporate finance and financial analysis. He has established and built up India’s most successful online travel company. He has been associated with One97 Communications Limited since January 2010. Prior to MakeMyTrip, he worked with leading multinational companies in India in senior capacities. He served with General Electric Company’s subsidiary, GE Capital as Vice President, Business Development. After starting his career with ABN AMRO Bank in the corporate banking division, he established and managed AMF Bowling Inc.’s South Asian operations. He serves as a Director of Travogue Electronic Travel Private Limited, International Web Travel Private Limited and MakeMyTrip (India) Pvt.Ltd. He has been an Independent Director at One97 Communications Limited since January 15, 2010. He serves as a Director of IndiaMARTInterMESH Limited. He serves as Chairman of Internet working group of the National Association of Software and Services Companies (NASSCOM) in India. He serves on the Board of TiE, Delhi. He is a Member of the executive council of the National Association of Software and Services Companies (NASSCOM) in India. He is a Charter Member of The Indus Entrepreneurs (TiE).
Mr. Kalra has a Bachelor’s degree in Economics from St. Stephen’s College, Delhi University, India, and a Master’s degree in Business Administration from the Indian Institute of Management, Ahmedabad, India.
Makarand Phadke started his industrial career with Rohm & Haas Company in Philadelphia in their Research Department (1984-1994). He is the author two US Patents and several publications. He worked with Thermax Ltd. in Pune, India from 1994 through 2003. Starting as Manager Marketing, he was involved a variety of roles eventually heading the Chemical business. He was also a member of the Executive council of Thermax Ltd. He was with Aquapharm Chemicals Pvt. Ltd., Pune as CEO (2003-2005). Currently, Makarand is with Reliance Industries, Ltd., where he leads the Innovation Leadership Centre (RIL-C) in Pune, India. Dr.Phadke industrial experience has covered research and development, marketing, sales, and business leadership.
MakarandPhadke received a Bachelor of Technology degree in chemical engineering at the Indian Institute of Technology in Mumbai in 1980 and MS and PhD degrees in chemical engineering from Carnegie Mellon University in 1984.
Mr. Pramod Maheshwari founded Career Point Limited in 1993 and serves as its Chairman, Managing Director and Chief Executive Officer. He founded Career Point to impart quality education for engineering & medical aspirants. He served as a Director of Academic at Career Point Infosystems Ltd. For 15 years. His passion & excellence for guiding students to achieve the epitome of success in various competitive examinations has given coaching a new dimension in India. He has been a Director of Career Point Limited since March 2000. He pioneered the Kota Coaching System and introduced the concept of group coaching in India. He is the mentor of thousands of IITians, IITians, Doctors and Scholars. He is nationally renowned for developing and implementing the effective teaching and learning methodologies to get the maximum output in competitive examinations. As a career author and counsellor, he writes for various publications, leading news dailies and conducts seminars & workshops.
He received his B.Tech degree from IIT Delhi in 1993.
6+ years of oil and gas industry experience providing model-based solutions to improve operation, reliability, safety, and performance of downstream and upstream assets.
Expertise in process control, optimization and reliability
Knowledge and understanding of the fundamentals of refining, chemicals and gas processing technology and business drivers
Previously, President of Anand Charity, a non-profit organisation based in the USA and raising funds locally to execute education and healthcare related projects in India
PhD in Chemical Engineering, University of Illinois, Urbana-Champaign, USA, 2007
Bachelors and Masters in Chemical Engineering, IIT Madras, India, 2003
Pankaj Agrawal is the founder of Apextend Advisors Pvt. Ltd, which provides niche advisory services in the areas of Strategy and Optimization of Enterprise IT, Information Security, Risk Management, Enterprise Mobility and e-Governance. Clients include top global MNCs, large Indian business conglomerates and CEOs of mid-size Indian companies.
Pankaj also advises the Technology and Security Advisory practice of Grant Thornton India LLP, a leading global consulting firm.
Pankaj has 27 years of industry experience as CIO, CISO and ICT Business Head in global organizations in India, UK, USA and Middle East. He last served at Aircel Ltd (2008-2013) as CISO and National Head of IT Governance. He was responsible for governance of Strategic IT outsourcing partner of INR 400 Cr. Annual budget, Aircel IT strategy, setting up an Industry-first Balanced Scorecard of complete IT and revitalizing the IT effectiveness across Aircel. As CISO, in the highly regulated Indian Telecom Industry he was responsible for Aircel-wide Information Security, Privacy, Risk Management and was the Single Point of Contact for Govt, Regulatory Authorities (TRAI) and Industry Body COAI for all Security matters. Pankaj led Aircel to win the prestigious Nasscom-DSCI Excellence Award for security-2012.
Pankaj has earlier served at Ernst & Young (2004-2008) for IT Advisory, and was the ‘outsourced’ CIO of India’s largest e-Governance Program â€“ Income Tax transformation, Ministry of Finance, monitored by the Prime Minister’s office. He also designed the IT outsourcing strategy and processes for a top global oil company in ME, and e-Governance roadmaps for the Chief Ministers of Delhi, MP and Maharashtra.
Prior to E&Y, Pankaj served Siemens Information Systems Ltd, now ATOS (1999-2004), where he Program Managed Europe’s largest technology transformation program in the Financial Services domain in UK, with global teams. He led the award-winning workflow and imaging project of HDFC Standard Life and also led the UP Forestry World Bank project with consortium partner UN-FAO. Pankaj has led several e-Gov programs at CMC Ltd, now TCS (1987-99), including the Urban Land Development Authorities, which was later show-cased as ‘e-Governance whitepaper’ by TCS.
Pankaj has been honoured with several national and international awards. He is frequently invited as speaker by CIO, CISO, ISACA and HR forums.
Pramod Saxena is the Founder, Chairman & Managing Director of Oxigen Services (India) Pvt. Limited. Oxigen – A company that has fast grown into India’s First and Largest single point Payment Solution provider for a large bouquet of services. Using an IT enabled platform, Oxigen connects to over 100,000 customer touch points(retail outlets and chains), aggregating services from 40+ brands, Oxigen has 30 million + transactions per month. This is apart from its strong online & on mobile prescence in the merchant payments space.
A Chemical Engineer from IIT Roorkee, Pramod worked in various capacities spanning over 33 years and largely associated with DCM Group, Essar Group and Motorola. His rich and varied experience spans Telecom, BPO, Steel, Petro Chemicals & Fertilizer industries where he had held responsibilities for acquisitions and mergers, setting up green field projects, joint ventures and managing business operations.As part of Senior Management team of Essar group for over 10 years, Pramod has been responsible for many business ventures viz.,
Raman Bindlish is currently working with Broadcom Limited, where is responsible for the connectivity combo product (WLAN / BT) product management and marketing for key OEMs including Apple and Samsung. Previously, he was working in semiconductor industry for more than 11 years specializing in mobile devices design and software solutions. He has been instrumental in bringing more than a dozen smartphones, tablets and consumer devices to the market. For past few years he has been involved in working with top tier OEMs and various mobile ecosystem and software partners in designing next generation mobile solutions including platforms, apps and services.
Raman is an alumnus of Indian Institute of Technology, Bombay.
Dr. Raman Venkatesh serves as the SBU CEO and the Senior Vice President of Technology & Corporate Development, and is a member of the Core Leadership Team of Eureka Forbes Limited. He has been serving in this role since December 2008 and comes from a distinguished background in global water treatment industry, spanning both large and small companies in U.S., Europe and India. In 2010, he was given additional charge as CEO of a strategic business unit that now generates $100 million/year in revenues. He is on the Board of Directors of three companies in India. Dr.Venkatesh is the recipient of the prestigious American Hero of Chemistry award for an innovative drinking water treatment technology implemented across the USA.
He earned a B.E. (Hons.) in Chemical Engineering from BITS, Pilani (India) followed by M.S. and Ph.D. in Chemical Engineering from University of Pittsburgh (USA), where he won the Outstanding Graduate Student award. He also earned an Executive MBA degree from the Katz School of Business at University of Pittsburgh, where he won the Dean special recognition for his achievements. He has attended advanced management programs on M&A and Strategic Alliances in Harvard Business School and the Wharton School (University of Pennsylvania). He has authored 10 international and Indian patents and has more than 30 citations in peer reviewed journals, international conferences and reputed magazines. He has given several invited lectures at leading universities and organizations in U.S. and India.
Prashant is NimbleCommerce’s founding CEO and has been instrumental in guiding the direction of the company’s e-commerce platform and network strategy. He brings more than 18 years of industry experience to the table; 12 years of that in the e-commerce and online shopping sector. Prior to founding NimbleCommerce, he founded IMShopping and was co-founder and CTO of Andale, the largest 3rd party e-commerce service provider for small businesses. Under Prashant’s leadership, Andale grew to have more than 1.5 million online sellers and generated millions of dollars in annual revenues. Prashant’s background uniquely qualifies him to understand both market demands and the customer perspective.
Prashant holds a B.S. in Computer Science from the Indian Institute of Technology and a Master’s in electrical engineering from Stanford University. When not leading a rowdy bunch of Nimblers, Prashant can be found golfing.
Ravi Dhariwal is the co-founder and Chairman of Sagacito Technologies, a data analytics firm specialising in helping enterprises maximise their revenues. He is also Senior Advisor for TPG. In a career spanning 38 years he has built consumer businesses all over the world.
Just prior to co – founding Sagacito, Ravi was the Group CEO of Bennett & Coleman, India’s largest media company, with diversified media platforms including Radio Mirchi, Times Television Network, Times Internet, Times OOH and the world’s largest selling English newspaper The Times of India.
Ravi was also the world-wide President of International News Media Association from 2011-2013.
Prior to joining Bennett & Coleman, Ravi worked with PepsiCo for 12 years. He was Pepsi’s first employee in India, helping build a successful business. He also led the Beverage Business in India, Africa and South East Asia.
Ravi started his career with Unilever in India in 1977, and worked for them in India and Australia for over 12 years mostly in Sales and Marketing management.
Ravi is an Engineer from IIT/Kanpur, and an MBA from IIM Calcutta.
Shirish Potnis is an alumnus of IIT Bombay (B. Tech in Chem Engg 1976) and also of IIM Calcutta.
Shirish has had a career spanning more than three decades across a variety of industries like chemicals, pharmaceuticals, food processing, infrastructure and consultancy handling corporate planning, identifying and planning new initiatives and taking them to fruition. His past corporate stints include Lupin Labs, United Breweries, Simplex Infrastructure each of which saw him handle a large and varied mix of assignments. His work with different projects has taken him to more than 20 countries.
Uday Bhaskarwar is a seasoned IT professional with over 21 years of global experience. He has a deep understanding of the ever changing Business and IT landscape. Uday is the founder and CEO of Thinking Hut, a consulting, product and services company with focus on healthcare and logistics sectors. He is on the board of OCHFL(http://www.ochfl.com), a housing finance company under license from NHB. His responsibilities include business planning, strategy, processes and IT. Earlier, he was Vice President and Head of Sales with India Business of Infosys. Before that, he led the DHL & Deutsche Post relationship for Infosys for close to 10 years. He built DP/DHL as one of the largest clients of Infosys and was a significant contributor to Infosys’s growth in 2000s. During his tenure at Infosys, Uday worked across the continents, led very large accounts, built large teams and helped penetrate new geographies.
He is a B. Tech. in Electronics and Telecommunication engineering from IIT-BHU. His strengths lie in strategy development, business planning, building teams and setting up operations.
Ujjwal Sinha is the Vice President of Enterprise Business Intelligence for Target India. In his current role, he is responsible for all analytical functions, predictive analytics, optimization, big data, data quality, business intelligence and reporting across all business functions. Ujjwal is a strategist, marketer and technologist with 20 years of experience in the software industry. His expertise spans consumer, enterprise, analytics, cloud-based applications and business intelligence. His experience in the software industry spans product development, product management, product marketing, sales, business strategy, P&L management, and metrics based operational excellence. He has also advised several corporations and venture capitalist firms on various deals and investment decisions. Prior to joining Target, he held various leadership roles in global organizations like Salesforce.com, Microsoft, Digitas, McKinsey & Company to name a few.
Ujjwal holds a PhD and Masters in Mechanical Engineering from Massachusetts Institute of Technology and a Bachelor’s of Technology in Mechanical Engineering from the Indian Institute of Technology, Delhi.
Vijay Kumar is an experienced data science leader, researcher and optimization professional. At leading
e-commerce companies like Groupon, Amazon and Snapdeal, Vijay has worked on optimizing various
aspects of an online business, such as growing traffic, improving the returns from the traffic via
conversion/monetization, and instrumentation/testing/analysis to enhance the user experience. He has also
worked extensively on the “bricks” side of clicks-and-bricks, on inventory planning, resource allocation,
routing, facility location and other areas of optimization.
At Snapdeal and Groupon Vijay worked with the founders extensively on business model, profitability
and strategic issues and decisions. He pioneered many efforts including targeting and recommendation
algorithms, fulfilment and network optimization, subscriber acquisition, ad bidding and marketing spend
optimization, A/B testing and product analytics. Earlier he spent nine years at Amazon, where he had
deep experience with operational challenges including optimization of the supply chain, logistics,
facilities, inventory management and placement, as well as with user experience including advertising (he
did pioneering work in Product Ads) and search and discovery experience. Prior to Amazon, Vijay began
his career as a founding member of the IBM India Research Lab at IIT Delhi.
With an optimization mindset rooted in e-commerce and retail, Vijay loves the challenges involved in the
re-engineering of a running large-scale business process for efficiency, such as introducing forward-deployed inventory at Amazon or re-making the email recommendations at Groupon.
Vijay has a PhD from Northwestern University and a B.Tech. from IIT Delhi, both in Computer Science.
Lendbox is India's premier peer-to-peer e-lending platform
Biryani By Kilo (BBK) is India's premium Biryani and Kebab chain
Purplle.com is a leading online destination for personal care and grooming.
Online first lingerie brand offering high-quality range of designs at affordable prices
Enables the eCommerce & Retail ecosystem with powerful SaaS based products for Multi Channel retailing. Customer target segments include eTailers, Retailers, Marketplaces, 3 PLs, CPG
First mobile based platform for personalized agricultural information, connect and transact services for the agriculture community in India – Over 1.5 million farmers reached so far
Provides technology life-cycle services including strategy & design, control integration, sustenance & optimization services in the area of information risk. Amongst top large Indian independent security firms.
Online rental platform focused on short and medium term rentals, targeting 21-30 year old consumers in metro cities. Major product categories include Furniture, Appliances and Events
Serves the micro-merchant segment with a focus on payments and loans. Enables merchants to have a digital sales history thereby enabling opportunities for micro loans, insurance etc.
SaaS platform that enables ROI driven digital marketing for ecommerce that helps to engage with the buyers, convert shoppers in to buyers, and increase monetisation
Offers automation solutions for CRM based field force management applications, to Transform customer’s field operations and services business using digital technologies such as cloud computing, enterprise mobility, data analytics
Focuses specifically on made-to-measure and made-by-design clothing for women of all shapes and sizes, in the US market. Highly customized products made only against order and turned around within 7-10 days
Acquires labs in North America and consolidate them through a hub and spoke model to increase efficiency. Offshore centre being set up in India for labour intensive activities; pilot underway
Offers high quality & wide variety of jewellery designs with a focus on Tier 1, millennial customers. Built a strong brand franchise through a highly visible 360 brand campaign (Alia Bhat).
Leading Indian online beauty and grooming platform offering customers differentiated products, personalization and content. Purplle is a blend of marketplace approach and own brands. Purplle handholds consumers in their beauty journey through vernacular content and offers them an unmatched, differentiated assortment at affordable prices making beauty accessible