Chairman & Director

Mahesh Kanumury

Mahesh Kanumury has more than two decades of experience in venture capital, consulting, and operations. HE was a General Partner at a $260M early-stage venture capital fund based out of the Silicon Valley where he invested and successfully nurtured the growth and exit of technology companies.

Previously, he has also worked at McKinsey in the US where he led a number of high-impact initiatives at the CXO level. Prior to McKinsey, Mahesh was associated with Schlumberger Technologies and Research where he led large scale software development efforts.

Mahesh completed his MBA from Harvard Business School. He has also completed his Bachelor’s in Engineering from the Indian Institute of Technology, Chennai. Today, Mahesh is the Founder and Managing Director of Arivali Partners where he offers various investment and advisory services to social enterprises.

Managing Director

Sasidhar N Thumuluri

Sasi has two decades of experience in financial inclusion and capital markets in 20+ countries. He started his career at BASIX Social Enterprise Group where he was instrumental in designing and executing various innovative programs in microfinance and rural livelihoods. He currently runs day-to-day business at Sub-K as the Managing Director.

Prior to Sub-K, Sasi has worked for IFC, Habitat for Humanity, Microvest Capital Management and BASIX group.

Sasi holds a Master’s degree in Public Affairs from Princeton University and MBA from Indian Institute of Forest Management. He has also completed the Accelerated Development Program from University of Chicago’s Booth School of Business.

He regularly speaks at various national and international events and serves on the board of Business Correspondents Federation of India of which he is currently the Chairperson.

Director

Devarakonda Sattaiah

Sattaiah’s job as a Field Executive at BASIX was the second of his career. Gradually, he went on to play a crucial role in the long-standing collaborations with Insurance Companies. He worked closely with them and made substantial changes in policy, which were modified according to micro-insurance requirement of customers in rural regions.

Sattaiah, through his dedication and perseverance rose from the position of a Field Executive to Director – Operations at Bhartiya Samruddhi Finance Limited (BSFL). Among his many contributions to BASIX, the most remarkable was his initiation of Micro-Credit & Micro-Insurance Operations, and the establishment of the Corporate Human Resource Department.

Independent Director

Swati Desai

Swati has had an illustrious career of 35 years with State Bank Group with rich experience of serving in various verticals including Credit, Retail Banking and International Finance.

During her stint at State Bank, her last assignment was with SBI Securities Limited as the Managing Director. She has had a long experience in SBI’s treasury and has served as the Managing Director of the broking arm of SBI for four years. She oversaw reorganisation of the Company and played a vital role in revamping processes and policies to set stage for growth. It was under her supervision that state-of-the-art technology was developed and introduced to make the company’s online presence one of the finest in the industry.

Swati Desai holds a Master’s degree in Economics from University of Bombay and an LLB degree from University of Delhi.

Independent Director

Viswanathan Swaminathan

Mr. Vishwanathan has vast experience of about 40 years in Credit Risk, Corporate Banking, Stressed Asset Management, Private Banking, Internal Audit, and Compliance. He is, currently, a freelance consultant advising a SEBI registered Angel Fund and some start-ups in the financial sector.

 He is presently serving as an independent director on the Board of Principal Trustee Company Pvt Ltd and is also a member of its Audit Committee. He is also a nominee director on the Board of Saija Finance P Ltd. He served as an independent director on another NBFC board from July17-July 21.

Mr. Viswanathan holds a bachelor’s degree in commerce (Honors) from Loyola College, Chennai, and Company Secretary from Institute of Company Secretaries of India and Certified Associate of the Indian Institute of Bankers.

Nominee Director

David Paradiso

With over 14 years of experience in international venture capital, private equity, and finance operations management, David is a seasoned expert in the field. He completed his MBA with a focus on private equity, international business, and finance from Brigham Young University in the US, and also studied Strategic Leadership on Inclusive Finance at Harvard University.

David currently serves as the leader of Maj Invest Office in Mumbai. He is also a Board Member of several Financial Institutions in Latin America and Asia, where he leverages his expertise to drive growth and innovation.

Nominee Director

Lise Lindbäck

Lise Lindbäck is an Investment Director at Abler Nordic. Abler Nordic is an impact investor focusing on financial inclusion investments managing funds on behalf of Norwegian and Danish investors from both the private and public sectors. 

Lise has more than 25 years of experience in asset management and financial markets. She joined Abler Nordic in 2021. Prior to that, she had spent nearly 12 years in leading positions at the Norwegian Sovereign Wealth Fund – one of the world’s leading institutional investors. Lise started her career with the Norwegian Ministry of Finance before joining the Swedish commercial bank SEB as an economist and thereafter DNB as an Investment Manager. DNB is the leading commercial bank in Norway.

Lise is an experienced board member and currently serves on the Board of Sitara in India and on the Board on one listed and one unlisted company in Norway.

Lise holds a Master of Science in Economics and Business Administration from NHH in Bergen Norway. 

Nominee Director

Prachi Jain Windlass

Prachi has an impressive work experience of over 15 years in leadership and operational positions in India as well as the U.S. Previously, she has worked with leading telecommunication companies like Motorola and Qualcomm and consulting giant, Boston Consulting Group.

Prachi pursued her Bachelor’s degree in Electrical Engineering from Indian Institute of Technology, Delhi. She also holds a Master’s degree from the University of Southern California in Los Angeles and MBA from the University of Chicago.

Today, Prachi is a director at the Michael & Susan Dell Foundation India LLP. Being one of the members of the Leadership team, Prachi manages portfolios of large-scale government partnerships as well as NGOs and start-ups. In addition to that, Prachi manages the balance sheet for the foundation’s India investments.

Nominee Director

Arvind Kodikal

Arvind Kodikal has an impressive work experience of more than 10 years in investment strategy, private equity, and Fintech. He has expertise in investment strategy and lifecycle management.
In the past, he has worked with leading firms like Goldman Sachs Asset Management (GSAM) India, Triodos Investment Management (TIM) B.V. and FMO (Netherlands Development Finance Bank) N.V.

He has an array of achievements to his credit. During his work tenure, he was consistently rated in the top quartile of TIM. He built and executed South Asia strategy for TIM. He serves as a Relationship Manager for global networks like ACCION and has expertise in corporate governance and board management.
Arvind pursued his B.Com in Finance from Bangalore University, Bangalore, India and his MFM from Rotterdam School of Management, Erasmus University, The Netherlands.