Key Highlights
- TVS Capital Funds reconstitutes board, appointing Shyam Srinivasan, Subhasri Sriram, and Mithun Sacheti.
- Leadership renewal aims to strengthen governance and support India's $10 trillion economic growth trajectory.
As it nears the $10 trillion milestone, TVS Capital Funds (TCF) demonstrated its commitment to bolstering India's economic growth by announcing a reorganization of its board of directors on Thursday. The reorganization is meant to improve governance and value creation across its portfolio companies, while strengthening its partnership-driven investment model, according to the firm, which positions itself as being specifically tailored to the Indian market.
New appointments add strategic depth
Three seasoned business executives have been appointed as independent directors by TCF as part of the leadership transition.
Former Federal Bank Managing Director and CEO Shyam Srinivasan has joined as an Operating Partner and Senior Advisor, contributing a wealth of knowledge in financial services, institution development, and market leadership.
With more than 30 years of expertise in corporate governance and financial services, Subhasri Sriram, the managing director and CEO of Shriram Capital, joins the board.
Also Read: TVS Mobility Announces a Rs 2,000 Crore Fundraising Drive
The founder and former managing director of CaratLane, Mithun Sacheti, contributes experience and entrepreneurial knowledge to the growth of digital consumer businesses.
"The addition of Mithun, Subhasri, and Shyam represents a significant milestone for TCF," said Gopal Srinivasan, TVS Capital Funds' chairman and managing director. "Their varied backgrounds and dedication to growth with a purpose will support our mission."
The new leadership structure aims to improve sector expertise while also providing strategic capital and institutional oversight to long-term, founder-led businesses.
Founding members transition from board roles
R. Thyagarajan has ended his formal association with the board after playing a pivotal role in TVS Capital Funds' development. The firm stated that his advice was critical in establishing its approach to governance, discipline, and stakeholder alignment. He will continue to lead the firm as a 'Mentor Emeritus'.
Pradeep Kumar and Rajeev Gupta are also departing from active board positions. The firm acknowledged that their leadership helped shape TCF's trajectory and impact.
