World's Largest Number of
Solar ATMs
Vortex
Vortex
The only ATM that can also work under harsh conditions
 
Board of DirectorsRay Stata

Ray Stata is Co-founder & Chairman of Analog Devices, Inc. (ADI), a Fortune 1000 and S&P 500 company recognized for leadership in the design and manufacturing of analog, mixed-signal and digital signal processing semiconductors.

Mr. Stata is active in the high technology industry and in public service. Throughout his career Mr. Stata has committed himself to numerous programs designed to develop learning skills in our youth, promote interest in engineering, and establish quality as a key cultural values for people and corporations around the world.

He has served as co-founder and the first President of the Massachusetts High Technology Council. At the federal level, he served on the Executive Committee of the Council on Competitiveness from 1987 to 2005. Mr. Stata’s service on the Malcolm Baldrige National Quality Award Board of Overseers stemmed from his professional commitment to total quality management. He was also a founder of the Center for Quality of Management in 1989.

A graduate of the Massachusetts Institute of Technology (MIT), Mr. Stata holds a BSEE and MSEE from MIT, is now Chairman of the Visiting Committee of the Department of Electrical Engineering and Computer Science. In 1984 he was elected to MIT’s Corporation and today is a member of its Executive Committee. In 1987-1988 he served as President of the MIT Alumni Association.

Arun Diaz

Arun Diaz is a Management Consultant working with local and multinational clients in India and abroad.

With a degree in Mathematics from the University of Madras and an MBA from Xavier Institute, Jamshedpur, India, Arun joined Standard Chartered Bank in India in 1973. His early career covered all areas of banking and included assignments in Europe and the Middle East. From 1985 he was Operations Manager, India with responsibility for Technology and Operations.

For the 10 year period from 1992 to 2001, Arun was based in Singapore and headed several group level projects including Profitability Improvement, Cross-border Processing and Re-engineering. Following a stint as Head of Integration for a major acquisition in Indonesia, his last assignment as Head of Programme and Change Management involved setting up and overseeing a group of 20 projects designed to reduce the Bank’s cost base through outsourcing, centralization and off-shoring.

Since leaving Standard Chartered Bank in late 2001, Arun was Head, Reuters Consulting South Asia for a 15 month period before becoming a freelance consultant. Arun is also a director of two private limited companies; one which provides recruitment, training and staffing services to clients in the banking, insurance, telecom and BPO industries and the other which runs a clinic which is a franchisee of The Apollo Clinic in Thane, near Mumbai.

He also volunteers his time to entrepreneurship development through Aavishkaar India Micro Venture Capital Fund of which he is a trustee and member of the Investment Committee. The fund invests in small businesses which are socially relevant, environmentally friendly and economically viable. Arun enjoys providing handholding and mentoring support to many of the funds investee companies. In addition he takes a keen interest in social entrepreneurship and NGO activities.

Sateesh Andra

Sateesh Andra is a Managing Partner at Ventureast, primarily overseeing the Ventureast Tenet Fund, a premier early-stage VC Fund consisting of investments across technology (Mobility, Cloud, Internet) and technology-enabled (Education, Healthcare, Financial services, Cleantech and high-impact, invention- based social businesses) sectors. He has worked in or with venture-backed technology start-ups in U.S/ India for the past fourteen years. With hands-on start-up experience and in-depth knowledge of the dynamics of VC funding, he looks for highly motivated and energetic entrepreneurs to partner with.

Prior to joining Ventureast, Sateesh was Venture Partner and one of the founding members of Draper Fisher Jurvetson (DFJ), India. He helped launch Hyderabad Angels, a platform to provide seed capital to start-ups. As a private investor earlier, Sateesh has also invested in early stage American and Indian venture capital funds.

Prior to DFJ, Sateesh co-founded Euclid, a leader in the IT Management Software space and was instrumental in raising VC funding ($35 M+), acquiring, and managing marquee customers and partners. He has also served in product marketing and engineering leadership roles at Tsqware (Conexant), LSI Logic, and VLSI Technology (Philips). Sateesh holds U.S. patents in Communications and Networking and has published several articles on Business – IT Alignment.

Sateesh holds a Bachelor’s and Master’s Degree in Electrical Engineering. He is a Charter Member of The Indus Entrepreneurs (TiE). He is actively involved with the Pullela Gopichand Badminton Academy with the objective of popularizing sports, and promoting fitness consciousness in the corporate world. Sateesh co-founded Health Awareness Promotion Project India (HAPPi), which creates awareness about Non Communicable Diseases among IT professionals.

V Vijay Babu – CEO

Vijay Babu has more than 20 years of experience working in start-ups and established companies. He was previously VP & Head, Technology, Network Solutions Group, Sasken; prior to Sasken he was Co-founder, President and COO of iSoftTech; iSoftTech was acquired by Sasken in 2006. iSoftTech was one of the pioneers in providing Product Development Outsourcing services to companies abroad. He grew it profitably from scratch to about $2.5M of annual revenues.

Prior to iSoftTech, he was the Technical Director, Asia Pacific, MTL Instruments Group plc. UK, & was on the board of its Indian subsidiary. He was part of the early team that formed MTL in India. He managed various responsibilities including heading its Design, IT, QA & Production engineering as well as heading the Operations of the subsidiary – MTL Systems, that provided turnkey solutions to the process industry.

Prior to that, he founded two companies- Sentinel Technologies, which developed one of the first software protection devices (“dongles”), and VisaSofts, designing special equipments like ATEs and communication products. VisaSofts was later taken over by MTL. He completed his BE in Electronics and Communication Engineering from College Of Engineering – Guindy and M. Tech from IIT-Madras.

L. Kannan – Founder and CTO

Kannan has about 20 years of association with NGOs and other groups engaged in rural development. He founded Vortex in 2001 to develop technologies appropriate to rural India. He is also founder of a matriculation school in Tamil Nadu. He is associated with the LRAMP programme of IIT Madras that mentors grassroots innovators. He holds various patents on the vortex ATM design. He completed his B.Tech (Mechanical Engg.) from IIT Madras.

Jean-Philippe de Schrevel

Jean-Philippe de Schrevel is chairman of Oasis Fund and CEO of Bamboo Finance. Previously, Jean-Philippe co-founded BlueOrchard Finance in 2001, which today manages in excess of USD 800 million in microfinance investment portfolios and has since remained a part of its management team. Previously, he was with Dexia Asset Management as the Micro Credit Manager.

Prior to that he was Junior team economist in Romania for a EU PHARE technical assistance program, Field Consultant in Microfinance for a Belgian NGO, an Associate with McKinsey & Co, the Operations Director of a private Microfinance Foundation in Argentina, and finally a Consultant for the UNCTAD Microfinance Unit in Geneva.

Jean-Philippe is fluent in French, Spanish and English. He holds a MA in Economics from Université Notre-dame de la Paix in Namur, Belgium, and a MBA from the Wharton School of Business.

Eric Berkowitz

Eric Berkowitz is a founding member and investment executive of Bamboo Finance. Eric has over fifteen years of international business and social entrepreneurship experience in twelve countries. Prior to joining Bamboo Finance, he was a Fellow with the Acumen Fund in China focused on developing social enterprises which increase healthcare access. In addition he consulted on projects in Asia and the US in the areas of microfinance, financial services and business development. In microfinance his experience includes assisting a multinational bank to invest in the MF sectors of Indonesia and Pakistan, and developing a strategic business plan for SEWA Bharat in India.

He also served as a director of the China office of Tractus-Asia, where he assisted foreign companies making investment decisions and setting up operations in East Asia, was a consultant at PricewaterhouseCoopers, and an engineer at Cummins Engine Company.

Eric holds a BS in Mechanical and Aerospace engineering from Princeton University and an MBA from the Wharton School of Business.

Noshir Colah

Noshir Colah is Operations Partner at Aavishkaar Venture Management Services Pvt. Ltd. He completed undergraduate degrees in Commerce and in Law from the University of Bombay, prior to earning an M.B.A. with majors in Finance and Business Computer Systems from Ohio University, USA.

He started his professional career in the US as an intern at Sunpower, Inc. in the US, and rose over the next decade to President of Stirling Technology, Inc., an entrepreneurial spin-off of Sunpower. Both firms are engaged in renewable energy and energy conservation, and Noshir gained substantial knowledge of and appreciation for this domain.

Returning to his native Mumbai in 1995, Noshir was associated at a very senior level with the Sun-Grace Mafatlal Group during which time he negotiated exclusive licenses with E. I. Dupont de Nemours for their world-renowned “Corian” solid surface material and with CSR Limited, then Australia’s largest building materials company . Thereafter, he was associated with the Ratan J. Batliboi group of companies, which includes one of India’s premier architectural practices, project management, construction management and exhibition and experience design.

Noshir has worked extensively in North America, Europe and the Far East, in addition to India. His functional experience has covered the gamut from product R&D, through manufacture, sales and marketing, human resource management and finance. He has served on the Board of several companies in India, the US and Europe. He is passionately fond of the outdoors, and he works towards directing investments and strategic inputs to enterprises which benefit the environment or preserve rural cultures.

Mohan Harshey

Mohan is currently Partner with Tata Capital Innovations Fund. He has 34 years of experience in investments, merchant banking, SME & corporate lending and private equity. He has been involved in different stages of industry life cycle.

Prior to joining Tata Capital, he was the head of domestic treasury at State Bank of India (SBI). In his 31 years at SBI, Mohan has built expertise across the entire gamut of the investment universe. He has also managed the largest money market, fixed income and public equity treasury portfolio in India ($40 B) for over 5 years. He has a strong network of relationships within the Indian financial services system.

Mohan is a National Science Talent Search Scholar (1971 batch) and holds a postgraduate in Physics from IIT Bombay. He is also a certified Associate of Indian Institute of Bankers.

Vineet Chadha

Vineet is currently Principal, Private Equity with Tata Capital Innovations Fund responsible for investments in the field of technology led Innovations. He has 15+ years of professional experience in the field of private equity, investment banking and manufacturing. His areas of specialization include corporate finance transactions, commercial contracts and financial control.

Prior to joining Tata Capital, Vineet was with Old Lane responsible for investments in Indian Infrastructure. Before that he was with the investment banking teams of Ernst & Young and SBI Capital Markets and has been associated with quite a few marquee corporate finance transactions. He also has shop floor experience with Steel Authority of India Limited.

Vineet holds Masters in Finance & Control degree from Delhi University and Bachelors in Mechanical Engineering from National Institute of Technology, Rourkela. He is also a CFA Charterholder.