Vikram Gandhi to represent GAWA Microfinance Fund on Janalakshmi board | VCCircle
Join us : Twitter Facebook Linkedin Youtube

Search form

Home >> People >>
print icon

Vikram Gandhi to represent GAWA Microfinance Fund on Janalakshmi board

BY  Bruhadeeswaran R
Vikram Gandhi is the founder & CEO of VSG Capital Advisors and holds an MBA from the Harvard Business School.

GAWA Microfinance Fund (GAWA) has appointed Vikram Gandhi as its nominee on the board of Janalakshmi Financial Services Private Limited. GAWA is one of the lead investors in Janalakshmi’s recently concluded Series C top-up capital of Rs 80 crore.

Europe-based GAWA Microfinance Fund invests in debt and equity instruments of organisations that focus on promoting financial inclusion in Latin America, Asia and Sub-Saharan Africa. GAWA currently manages € 21 million raised by Ambers & Co., Capital from large family offices, institutions and high net worth individuals who are looking for risk-adjusted financial return while generating a visible direct social impact on poor communities worldwide, the company said in a release.

Gandhi is the founder and CEO of VSG Capital Advisors and was formerly vice chairman of investment banking and global head of financial institutions business for Credit Suisse, in New York and Hong Kong.

Prior to his tenure at Credit Suisse, Gandhi worked at Morgan Stanley, where he was co-head of Global FIG in New York. At Morgan Stanley he headed the firm's institutional strategy area, its global e-commerce committee and was also country head and president of Morgan Stanley, India.

“I have known the founders of GAWA for many years and highly respect the work they are doing in the microfinance. I look forward to working with the board and management to achieve its social and financial objectives,” Gandhi said on his appointment.

Luca Torre and Agustin Vitorica, founders of Ambers & Co., Capital and directors of GAWA said “We believe his exceptional knowledge and experience will be key to help us support the company to achieve its ambitious social and financial objectives. As part of our value added strategy, we will work closely with Vikram and the management team, leveraging in particular our understanding of microfinance drivers internationally and experience with financial markets.”

Ramesh Ramanathan, chairman and promoter of Janalakshmi, said, “Vikram brings significant financial and international experience which will be very useful to Janalakshmi.”

Janalakshmi Financial Services is a for-profit NBFC-MFI with assets of more than Rs 500 crore.

Also Read:
Bulge Bracket’s There, But Businesses Are Growing Taste For Boutique

(Edited by Prem Udayabhanu)

Post new Comment

Filtered HTML

  • Lines and paragraphs break automatically.
  • Web page addresses and e-mail addresses turn into links automatically.

Full HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

Plain text

  • Web page addresses and e-mail addresses turn into links automatically.
Image CAPTCHA
Enter the characters shown in the image.
Advertisement

Upcoming Events

comments imageRECENT COMMENTS

chinetwork

Copyright © 2014 VCCircle.com.
A property of Mosaic Media Ventures Pvt Ltd.