10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
FinTech

TVS Capital Funds Ropes Chandrasekar V As Research Partner


SUMMARY

TVS Capital Funds appoints Chandrasekar V as Partner, Research, to enhance data-driven investment strategies with his McKinsey expertise

The hire is part of TVS Capital’s leadership expansion, including recent additions from diverse corporate backgrounds

This move aligns with the growing Indian PE/VC sector, which saw $34.1 Bn investments in H1 2024, up 28% YoY

Homegrown mid-market private equity firm TVS Capital Funds has roped in Chandrasekar V (Chandra) as partner at research division. 

Chandra, who joins TCF after a 20-year stint at McKinsey & Company, will lead the firm’s research initiatives, focusing on data-driven insights and strategic decision-making across its investment portfolio, TVS Capital Funds said in a statement.

At McKinsey, Chandra led one of the company’s largest research teams and helped establish the client capabilities hubs in Chennai and Bengaluru. 

Gopal Srinivasan, chairman and managing director of TVS Capital Funds, said, “Chandra’s background in leading high-performance team leadership and innovation aligns perfectly with our strategic goals. His insights and experience will be instrumental as we continue to back entrepreneurs building India’s future.”

In his new role, Chandra is expected to leverage his expertise in the technology, media, and telecom (TMT) sector to enhance TVS Capital’s investment strategies. 

TVS Capital Funds has been investing in growth-stage companies across various sectors. Its portfolio includes investments in Suryoday Small Finance Bank, Indian Energy Exchange, and Nykaa.

The company has been strengthening its leadership team over the past year. Recent appointments include Anuradha Ramachandran, Krishna Ramachandran and Naveen Unni as managing partners. The firm also brought in Mahindra Finance’s vice chairman and MD, Ramesh Iyer, as a board member, and Kal Raman, President of ecommerce marketplace Bolt, as a venture advisor. 

The appointment comes at a time when the Indian private equity and venture capital sector is witnessing significant growth. 

According to a recent IVCA-EY report, PE/VC investments in India reached $34.1 Bn across 714 deals in the first half of 2024, marking a 28% year-on-year increase.





Source link

by Tech In Asia

Standard Chartered will provide transaction banking and financial market services for DeCard, including cardholder top-up processing. Source link

by Tech In Asia

Strategy shares rose 3.2% in premarket trading after bitcoin’s price climbed back above US$106,000. Source link

by Tech In Asia

Since its launch in 2024, OneLot has issued over US$7 million in loans to more than 150 dealers. Source link