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TVS Capital Funds Onboards Bolt’s President Kal Raman As Venture Advisor

TVS Capital Funds Onboards Bolt’s President Kal Raman As Venture Advisor
SUMMARY

With over 30 years of experience, Raman had also worked with companies like Amazon (S-team), Samsung, Groupo and Walmart

TVS Capital claims to have strengthened its leadership team over the past year. Some newly onboarded leaders are Anuradha Ramachandran, Krishna Ramachandran and Naveen Unni as managing partners, among others

Founded by Gopal Srinivasan in 2007, TVS Capital currently claims to have INR 2,000 Cr (around $240 Mn) worth assets under management

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Homegrown mid-market private equity firm TVS Capital Funds has roped in senior executive of ecommerce marketplace Bolt, Kal Raman, as a venture advisor.

As the President of Bolt, Raman leads the engineering, product, and customer experience teams. With over 30 years of experience, he had also worked with companies like Amazon (S-team), Samsung, Groupon and Walmart. 

Besides, he has provided leadership to various other companies and contributed as a board member or advisor at BigCommerce, Feedvisor and Solana Labs, TVS Capital Funds said in a statement on Tuesday (December 19).

Gopal Srinivasan, managing director and chairman at TVS Capital Funds, said, “His (Raman’s) profound insights, innovation-oriented leadership and extensive experience will help us bolster the capability capital that we provide to entrepreneurs shaping India’s growth story. As we advance in our mission of empowering next-gen entrepreneurs and deepening the pools of rupee capital supporting the country, we look forward to the valuable contributions he will bring to our journey.”

TVS Capital claims to have strengthened its leadership team over the past year. Some newly onboarded leaders are Anuradha Ramachandran, Krishna Ramachandran and Naveen Unni as managing partners and Mahindra Finance’s vice chairman and MD, Ramesh Iyer as a board member.

“Manufacturing, distribution, and last-mile delivery aided by AI is ripe for unlocking value while improving customer experience in India…,” Raman said. 

Founded by Srinivasan in 2007, TVS Capital currently claims to have INR 2,000 Cr (around $240 Mn) worth assets under management (AUM). It majorly focuses on startups in the B2B services segment with strong long-term potential. Other than monetary investment, the fund offers mentorship through its experienced leadership team as well as a strong network of industry experts and advisors.

TVS Capital counts companies like Nykaa, PhonePe, DCB Bank, RBL Bank, Medplus, The Yellow Chilli, among others in its portfolio. 

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