Mela Ventures appoints R Kalyan Sundar as the Head of Finance & Legal

2024-06-29
Mela Ventures appoints R Kalyan Sundar as the Head of Finance & Legal

Mela Ventures Strengthens Financial Expertise with Seasoned Leader Kalyan Sundar

Mela Ventures, a prominent venture capital firm, has announced the appointment of R Kalyan Sundar as the Head of Finance and Legal. Sundar, a seasoned professional with extensive experience in mergers and acquisitions (M&A), financial due diligence, and deal negotiation, brings a wealth of expertise to his new role.

Unlocking Growth and Innovation in the Startup Ecosystem

Driving Financial Strategies for Emerging Ventures

In his new position at Mela Ventures, Sundar will spearhead the firm's financial and investment strategies, playing a pivotal role in nurturing and scaling innovative startups across diverse sectors. His expertise is expected to optimize financial strategies that support emerging founders and their ventures, ensuring their long-term success.Sundar's background includes a successful tenure at Stakeboat Capital LLP, where he led financial evaluations across various industries, including SaaS, Automation Solutions, Healthcare, IT/ITeS, and E-Publishing. Prior to that, he honed his skills at Ernst and Young LLP, where he led over 40 financial due diligence engagements, advising on strategic transactions and fundraising initiatives for global and domestic clients.

Leveraging Expertise for Sustainable Growth

Sundar's appointment underscores Mela Ventures' commitment to maintaining robust governance and fostering growth within the startup ecosystem. His extensive experience in financial management, strategic transactions, and deal negotiation will be invaluable as the firm continues to identify and support high-potential startups.Parthasarathy NS, Managing Partner at Mela Ventures, expressed his enthusiasm for Sundar's addition to the leadership team, stating, "We are delighted to welcome Kalyan Sundar to our leadership team. His experience in financial due diligence, management, and strategy will be instrumental as we continue to uphold sound governance and best practices while driving the success of emerging founders and their startups."

Diversifying the Investment Portfolio

Mela Ventures Trust, a SEBI-approved AIF Category-2 fund, is focused on building the next generation of entrepreneurs. The fund aims to develop a diverse portfolio in areas such as Artificial Intelligence (AI), Machine Learning (ML), Augmented Reality (AR), Virtual Reality (VR), Internet of Things (IoT), Cloud Migration, and Deep Technologies.The firm was founded by industry veterans Krishnakumar Natarajan and Parthasarathy NS, who previously co-founded and scaled Mindtree, a multi-billion-dollar enterprise. With Sundar's addition to the leadership team, Mela Ventures is poised to further strengthen its financial expertise and support the growth of innovative startups in the rapidly evolving technology landscape.

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