Mahindra Finance’s Ramesh Iyer joins TVS Capital’s board, marking a strategic move in the firm’s leadership augmentation. Renowned for his tenure at Mahindra Finance, Iyer brings extensive experience and association with industry bodies like FIDC and CII (Financial Services).
His multifaceted roles include serving on the boards of various Mahindra Group entities, including Mahindra First Choice, insurance broking, Agri solutions, and rural housing.
At TVS Capital Funds, the growth private equity arm of the TVS Group, Iyer’s appointment adds significant depth.
Gopal Srinivasan, Chairman and Managing Director of TVS Capital Funds, expressed enthusiasm, saying, “Ramesh’s deep insights into the financial services space will further help us deepen our investing in the sector.”
Iyer, known for his transformative leadership at Mahindra Finance, looks forward to applying his decades-long financial strategy and business transformation experience in supporting TVS Capital’s board and management team. He stated, “TVS Capital Funds has a well-established track record of supporting entrepreneurs.”
Apart from his board roles, Iyer remains engaged in various financial services organizations and advisory boards for educational institutions and industry bodies.
TVS Capital Funds, jointly sponsored by the Shriram Group and TVS Group, has been fostering sustainable businesses for Indian entrepreneurs since its inception in 2007. The firm’s portfolio boasts investments in notable companies like Nykaa, Digit Insurance, Yubi, and others. With a successful third fund closure in 2021, TVS Capital is gearing up to raise funds for its fourth fund, expecting commitments in 2023 and 2024.