Arun Nayyar

Arun Kumar Nayyar

Managing Director
  • A Chartered Accountant having a well-diversified experience of around 20 years in the financial services domain.
  • Successful track record of building businesses from scratch, scaling up established businesses and managing stressed portfolios .
  • Led businesses across Micro Enterprise Lending, SME Lending and Consumer Finance


  • Deep understanding of key business drivers, risk and product Management, Route to Market and digital lending.
  • Experience includes a large retail financing NBFC (Edelweiss), Citibank & CRISIL (A S&P Global Company).

Bindu Ananth

Independent Director
  • Ms. Bindu Ananth has an under-graduate degree in Economics from Madras University and Master’s Degrees from the Institute of Rural Management (IRMA) and Harvard University’s John. F. Kennedy School of Government.
  • Bindu is the Chair & Co-founder of Dvara Trust. Prior to this, Bindu worked in ICICI Bank’s microfinance team between 2001 and 2005 and was head of the new product development team within their Rural Banking Group in 2007.


  • Bindu has co-edited “Financial Engineering for Low-Income Households”, a book published by SAGE. She has also published in the Economic and Political Weekly, OECD Trade Paper Series and the Small Enterprise Development Journal. She has been a member of 3 RBI Committees: Comprehensive Financial Services for Low-Income Households and Small Businesses (2013), Housing Finance Securitisation (2019) and Committee on MSMEs (2019). She was a member of the Government of India’s High-Level Committee on Women (2014-15). She is a member of the Taskforce of the Insolvency & Bankruptcy Board of India (2017 - present).
  • She is a member of the Advisory Boards of Columbia University’s India Initiative and Consultative Group to Assist the Poor (CGAP). In 2017, Bindu was featured by Forbes as one of India’s leading women leaders.
Arun Nayyar

Deepa Bachu

Professional and nominee of FMO
  • Ms. Deepa Bachu is the Co-Founder and CEO of Pensaar.
  • She is a product and design leader who spent the last 25 years at large multinationals and Tech Startups leading their Engineering, Design, Innovation and Product Management functions. Deepa has led distributed, global product teams that serve millions of customers across 100+ countries


  • Her work on Project Agrinova, that helped farmers in India make more money for their produce, and Improving Worker Safety using Design Thinking, went on to become Harvard Business Case Studies and one of HBR’s Top 10 Innovation must-reads
  • She is an active member of several Design, Innovation and Women forums.

Dhruv Khaitan

  • D.K Khaitan (DK) has been involved as a founder, in conceptualizing, creating and scaling high technology ventures in India. He has been a strategic mentor in these companies, and guided these companies through their stages of start-up, growth, market leadership and eventual divestment to strategic buyers who wanted to establish their leadership in India.
  • Chairman of Venture Infotek until divestiture.


  • Established an industrial automation start-up which evolved into a joint venture with, and eventually a divestment to the Fortune 500 Rockwell International of USA.
  • Bachelors' degree in Physics from the University of Kolkata, Bachelor’s degree in Electrical Engineering from MIT, USA; Master's Degree from University of California, Berkley, USA.
  • Along with his family, DK has participated and supported various cultural, spiritual and philanthropic organizations in India.
Ganesh Rengaswamy

Ganesh Rengaswamy

Nominee of minority shareholder interests
  • He is the Co-founder and Partner at Quona Capital and joined the board of NeoGrowth in July 2015.
  • He is seasoned entrepreneur and has been an impact technology venture investor across India, Asia and Silicon Valley.
  • Earlier he was General Partner at Lok Capital, a venture growth fund that invests in social enterprises with innovative and technologically advanced services in financial inclusion, education, and employability.


  • He has also served as Asia Director for Unitus Inc., global organization that works to reduce poverty by finding commercially sustainable solutions in financial inclusion. Prior to Unitus Inc., he led the entry of Greylock Partners, a leading Silicon Valley venture growth fund, into the Indian market.
  • He holds MBA from Harvard Business School and is co-founder of

Michael J. Fernandes

Nominee of Trinity Inclusion Limited
  • Michael Fernandes is Partner at LeapFrog Investments and co-leads LeapFrog’s work in South and Southeast Asia.
  • He has over 20 years of experience in operations, consulting and investing and has led several of LeapFrog’s landmark investments, including IFMR Capital, Fincare and NeoGrowth in India and Reliance Capital, a local financial services player in Indonesia.


  • Michael was the former Country Head for India for Khazanah Nasional, Malaysia’s sovereign fund, Michael led the global healthcare team, also focusing on financial services and infrastructure. He was responsible for over $700 million of investments in India, including Yes Bank, L&T Finance and Uniquest; and served on the boards of IDFC, and Apollo Hospitals. He managed the Khazanah healthcare portfolio, ranging from hospitals to health insurance providers, that was consolidated under IHH Healthcare and listed in Singapore for a $7 billion valuation.
  • Previously, Michael led the $250 million global custom manufacturing business for the Piramal Healthcare Group, focusing on global acquisitions, business development, supply chain management and talent.
P.K. Khaitan

Piyush Khaitan

Founder and Chairman
  • P.K. Khaitan (PK) is a seasoned operating executive who has successfully founded a number of businesses and operated them to high levels of success
  • Prior to NeoGrowth, PK was the Managing Director of Venture Infotek until divestment. He had also founded DEI, India's largest secure card personalization bureau which merged into Venture Infotek in 2007.


  • He has worked closely with the Card Networks, RBI and IBA in framing policies and giving direction to the card payments industry in India. He was also the Founder Chairman of the 'ePayments Focus Group' of the Smart Card Forum of India (SCAFI) from 2000 thru 2005.
  • Bachelor’s degree with honors from Mumbai University, Small and Medium Enterprises Program (SMEP) from IIM, Ahmedabad.

Ramakrishnan Subramanian

Professional and nominee of Trinity Inclusion Limited
  • Mr. Ramakrishnan S is a career banker and financial services industry leader with 30+ years experience. He has done roles in Strategy, Board, Governance coupled with a strong execution track record across Retail & SME businesses, M&A, and commercial banking. He has run and built businesses in Retail Financing for HDFC bank & other entities from start-up to scale-up in Mortgage, LAP, personal Loans, business loans, SME, LAS, gold loans, auto-finance, commercial vehicles, equipment financing, securitisation.
  • He has worked in several senior roles at large universal banks, and NBFCs involving strategy, business setup, scale-up, transformation, JVs, franchise sales & exits, across India, Singapore, Hong Kong & Thailand managing multiple ASEAN countries. He has held leadership roles at Citibank, HDFC bank, Standard Chartered, ING, etc. since 1992.


  • He currently serves as a Sr. Advisor, Operating Partner equivalent, and Domain Consultant with select private equity, venture capital, and Fintechs in India & ASEAN.
  • He is a Board member of IIFL finance, IIFL OPEN and has also served as a Board member of ING Vysya Bank (Kotak Bank) and Shriram Capital Ltd, Shriram Transport Finance Ltd, Shriram City Union, Shriram Life & General insurance.
  • He is a Chartered Accountant, Cost & Management Accountant, M Com. & has done the Fintech program from Harvard University
Suresh Jayaram

Suresh Jayaraman

Independent Director
  • J. Suresh was the Managing Director & CEO of Arvind Fashions Ltd. He joined the company in September 2005 and turned it around by strengthening its brands and retail portfolio through organic growth and acquisitions, and aggressively growing Unlimited as a leading value retail chain in apparel. During his 16-year tenure, the company’s turnover increased 30 times with a multifold increase in profits leading to the listing of Arvind Fashions Ltd.
  • Prior to joining Arvind, he held several senior positions during his 18-year-old stint in Hindustan Unilever Ltd and served as a member of the management committee of the foods and beverages business.


  • He was appointed by JP Morgan Chase as CEO when they invested in MTR Foods and was instrumental in growing a regional brand to a national brand with a global presence.
  • He was the past Chairman of the CII National Committee on Retail in 2013-2014, Chairman of India Fashion Forum, and is a member of the National Council of Retailers Association of India
  • Post retirement, he has taken up the role of Senior Advisor with Boston Consulting Group (BCG). He is also on the Board of four companies and advises companies as an Independent consultant.
  • Suresh is a mechanical engineer and has an MBA from IIM Bangalore.