YSBFB Team

Suresh K Krishna

Suresh K Krishna

Co-Founder, Ceo and Managing Director, YSBF Bengaluru

Mr. Suresh Krishna is the Co-founder and CEO of Yunus Social Business Fund Bengaluru and Co-founder and Partner of Yunus Social Business India Initiatives. Prior to this, he was at the helm of affairs at Grameen Koota, since its inception in 1999 as Managing Director (till July 2015).  He was instrumental in developing Grameen Koota into a large, socially responsible MFI having its outreach in 5 states of India. He has co-founded the microfinance industry associations, namely Microfinance Institutions Network and Association of Karnataka Microfinance Institutions. He has played a very active role in developing the microfinance sector in India. He has also co-founded Grameen Affordable Shelters P. Ltd – a company which develops affordable housing for the low income households along with Mrs. Vinatha M. Reddy – Founder of Grameen Koota. He is the Managing Trustee of Navya Disha Trust, an NGO working to improve water, sanitation, financial literacy, supplementary education for school children. He currently serves on the board of BinaArtha – an MFI in Indonesia, Mifos.org in USA – an open source core banking software for financial services, SAS Health Care P. Ltd. – an affordable healthcare company for the low income households. Mr. Suresh is a regular speaker and presenter at various national and international forums.  He is passionate about agriculture, social businesses including micro housing, financial literacy, client education, renewable energy, waste management, health care and livelihoods for the poor.

Sipika Nigam

Sipika Nigam

Senior Portfolio Associate, YSBF Bengaluru

Sipika Nigam is a Senior Investor at Yunus Social Business (YSB) Fund in Bengaluru, focusing on investments in livelihoods, agriculture and healthcare sectors. She is responsible for all aspects of deal sourcing, due diligence, transaction process, post-investment support, and sector building within YSB.
Sipika has more than 9 years of experience in the Impact sector across financial inclusion, Fintech and Agri & value chain – financing, in India, Indonesia, Cambodia, Sri Lanka and China.
Prior to joining YSB, she was appointed as the EIR for a leading crowd funding platform in India – Milaap. Prior to Milaap, Sipika worked as an Investment Manager for Asia region with the Impact investing firm, Incofin. Sipika is a CFA level 3 candidate, and has a bachelors in Management Studies specializing in Finance. She is a trained commercial pilot and holds an American (FAA), as well as Indian (DGCA) commercial pilot’s licenses (CPL).

Sai Kumar

Sai Kumar

Senior Portfolio Associate, YSBF Bengaluru

Sai Kumar is a Senior Portfolio Associate at Yunus Social Business Fund Bengaluru. He is responsible for all aspects of deal sourcing, due diligence, transaction process, and post-investment support within YSB.
Sai Kumar has over 9 years of experience across investment banking and consulting. Prior to YSB, he was an Associate with the TMT practice at o3 Capital, a mid-market focused investment bank. He was previously a Consultant with KPMG India in their Business Consulting division.
He holds an MBA (Finance) and B. Com (Hons) from Sri Sathya Sai institute of Higher Learning, India

Geet Kalra

Geet Kalra

Portfolio Associate, YSBF Bengaluru

Geet Kalra is a Portfolio Associate at Yunus Social Business Fund Bengaluru. Prior to YSB, Geet worked as a Risk Manager for various financing and derivatives businesses of Nomura. He holds an Integrated Masters from BITS Pilani. Apart from academics, he led multiple student organizations during college and has been conferred with various awards for the same. He is also an avid researcher on the topics of Economics, Finance and Entrepreneurship and has many publications and projects under his name. In his free time, he enjoys hiking trails, playing football and reading non-fiction books. Geet hopes to buy a rocket to take him to the moon one day.

Abhilash Parvatina

Abhilash Parvatina

Portfolio Associate, YSBF Bengaluru

Abhilash Parvatina is a Portfolio Associate at Yunus Social Business Fund Bengaluru. Prior to joining YSB, he worked with Oliver Wyman as a Management Consultant in their Financial Services practice. He drove the execution of Social Impact projects at Oliver Wyman for the world’s largest Christian microfinance network and an Indian social enterprise selling renewable energy products. He completed his B-Tech from IIT Kanpur where he spearheaded multiple initiatives such as raising funds for his alma mater from alumni, tutoring children studying in government schools around the campus etc. In his free time, he enjoys reading and designing apparel using fabrics he picked up from his travels all over the world.

Asif Khan

Asif Khan

Company Secretary & Accounts Manager, YSBF Bengaluru

Asif Khan is a Company Secretary and Accounts Manager at Yunus Social Business Fund Bengaluru, and has relevant experience in handling Corporate and allied laws. Before joining YSB, he was a Company Secretary at one of the reputed developers of real estate called Bearys Group and was responsible for management of Statutory Compliances under Companies Act & Labour Laws; collection, analysis and organising information with regards to filings under the RERA Act and implementation of annual compliances for all the Companies falling in the Group.

Asif is an Associate Member (ACS) of the Institute of Company Secretaries of India (ICSI) and holds a degree in M. Com from Ravenshaw University.

Manasi Parvatikar

Manasi Parvatikar

Project Manager, YSBF Bengaluru

Manasi is the India Project Manager at Yunus Social Business Fund Bengaluru. Prior to joining YSB, Manasi was an Engagement Manager at a social impact consulting firm, Sattva. At Sattva, Manasi has worked with social businesses, foundations, bilateral agencies and governments in India and Sub-Saharan Africa. Her experience in the social impact space includes capacity building for social businesses, funder portfolio advisory, impact assessment, and program management. She has worked in sectors such as agriculture, livelihoods, gender equity and rights, waste management, natural resource management (NRM) and healthcare. Before this, Manasi has served consulting outfits in the technology space, co-authoring reports on topics such as Scaling Indian SMBs using digital and Federal Budget analysis for the Information Technology sector. Manasi is a Mathematics graduate from the University of Delhi

YSBFB Governing Board

Vinatha M Reddy

Vinatha M Reddy

Founder and Chairperson, YSBF Bengaluru

As the Managing Trustee of T. Muniswamappa Trust, a registered public charitable trust, Ms. Vinatha M Reddy has been working in the development sector since 1995. A chance encounter of a book review of ‘Give Us Credit’ by Alex Counts, proved to be a turning point in Vinatha’s life. The book that narrates the story of Professor Muhammad Yunus and his initiative The Grameen Bank inspired Vinatha immensely. She was very moved by the power of micro finance and its effect in enabling poor women to become independent.

She is the Founder Chairperson of Grameen Koota, which is today a leading microfinance institution in India, serving 15 lakh women clients and their families. Education and empowerment are closest to Vinatha’s heart and she remains committed to help change social situations for the better.

Saskia Bruysten

Saskia Bruysten

Director, YSBFB

A leader in the Social Business Movement, Saskia Bruysten was Co-CEO of Grameen Creative Lab prior to founding YSB. She started her career at the Boston Consulting Group in Munich and New York. She was appointed to the EU Commission’s expert group on Social Business and has assisted Professor Yunus on UN Secretary General Ban Ki-Moon’s MDG Advocacy Group. She holds an MBA from the European Business School, Germany and a MSc in International Relations from the London School of Economics.

Aarti Wig

Aarti Wig

Alternative Director, YSBFB

Aarti has developed and led the India operations of the YSB movement since its inception, first as Country Director of the Grameen Creative Lab and now as part of Yunus Social Business.

She helped create the YSB Fund Mumbai and currently manages it. Aarti has also advised several Indian universities, corporations and non-profits on creating social businesses. Previously, Aarti worked as an investment banker at JP Morgan in Mumbai.

Aarti holds a Master’s degree in Finance from the London School of Economics.

YSBFB Investment Committee

Karen Hitscke

Karen Hitscke

Chief Investment Officer, YSB Global

An investment executive and strategy consultant with over 20 years of international experience, Karen has a professional background in venture capital with extensive expertise in fund structuring, investment processes and fundraising. Before joining Yunus Social Business in early 2012, she served as the Chief Financial Officer at biotech start-up Affectis AG where she successfully extended the investor base and raised over 4 million EUR of funding for the company. From 1997 to 2003, Karen was an Investment Manager at the leading international Private Equity group Apax Partners with a focus on the life sciences sector. Karen started her career as a consultant at McKinsey & Co.

Karen graduated with distinction from INSEAD, Fontainebleau, and holds an M.Sc. in Biology from the University of Constance, including her international studies at Ben-Gurion-University in Israel as well as Sussex University. Adding to her international background, Karen lived in Japan for 5 years prior to joining YSB.

In addition to her responsibility at YSB, Karen has been an advisor to Swiss based business angel network “Brains to Ventures” since 2004 where she is still a member of the Investment Committee. She has held several board positions in European life science companies.

Srinivas Tekal

Srinivas Tekal

Advisor

Srinivas is a Founding Partner at o3 Capital and co-heads the investment banking division. Srinivas has more than 19 years of investment banking experience and has been instrumental in development of o3 Capital’s investment banking practice.

Prior to o3 Capital, Srinivas was with TAIB Bank – Bahrain, where he focused on setting up their Investment Banking practice in India.

Srinivas holds an M.Com degree from Bangalore University and is a CFA from ICFAI, Hyderabad

Murali Srinivas

Murali Srinivas

Advisor

Murali has 25+ years of experience in the Corporate & Development Sector; Microfinance; Insurance, Bottled water and Business Process Outsourcing. He has been a part of the social enterprise and impact businesses space since 2003.

He has demonstrated experience working in both for-profit companies and non-profits. As an entrepreneur, he co-founded Mimo Finance, a micro-finance company in India and Co-Founder of a water treatment company, Acer Engineers Pvt. Ltd.  Currently, he is the Managing Director & CEO of SMILE Microfinance, a mid-sized micro finance company in India. He also serves as a part-time faculty for a MA program in Leeds University and a board member in several non-profits.

Murali holds a Bachelor in Physics, a Masters in Political Science and underwent a Leadership Program at Harvard Business School, USA.

YSBFB Partners

YSBFB Advisors

Lamiya Morshed

Lamiya Morshed

Executive Director, Yunus Centre

Lamiya Morshed has been the Executive Director of Yunus Centre, the global hub for social business activities of Prof. Muhammad Yunus, since its inception in 2008. Her experience with Grameen social businesses spans almost 20 years.

In 1994, she joined Grameen Trust, which supports and implements poverty-focused microcredit programs in more than 45 countries, and worked as its Director of development, before becoming the Head of Yunus Secretariat, now known as Yunus Centre, in 2006. She works closely with Prof. Yunus and also serves as the Executive Director of Grameen Healthcare Trust.

Dr. L H. Manjunath

Dr. L H. Manjunath

Advisor

Dr. L. H. Manjunath is a Veterinarian, Banker, Social entrepreneur, Author and Micro finance expert. He is the Executive Director of Shri Kshethra Dharmasthala Rural Development Project (R.) (SKDRDP) and the Managing Director of Shri Dharmasthala Siri Gramodyog. Dr. Manjunath is on the advisory committee of Pension Fund Regulatory and Development Authority India, All India Life Insurance Council Mumbai, Karnataka state unorganized labourers social security committee, NRLM advisory committee and Ministry of Rural Development, Govt. of India.

Manab Chakraborthy

Manab Chakraborthy

Advisor

Over the last 25 years, Manab has worked as an NGO manager, UN civil servant, consultant, social entrepreneur and facilitator. His expertise is in microfinance, microenterprise development, natural resource management, renewable energy lending, agricultural value chain, institutional development, social impact assessment, and finding market-based solutions for the poor. Manab currently works as an independent consultant to social enterprises and development finance institutions.

He has previously worked for many international organizations such as UNDP, UNEP, World Bank, IFAD, ADB, EU, SIDA, USAID, DFID, GIZ, and PLAN. Manab blends private sector and non-profit approaches to problem solving.

Dr. Harish Hande

Dr. Harish Hande

Advisor

A Social Entrepreneur, Dr. Harish Hande co-founded Solar Electric Company (SELCO) in 1995. SELCO provides sustainable energy solutions to poor households in rural India, through solar-based interventions and low smoke cook stoves. Dr. Hande is the recipient of many awards including Ramon Magasasay (2011) and Karnataka Rajyotsava Prashasti (2011) by the Government of Karnataka. He serves on the boards of many organizations, both national and international. Dr. Hande earned his Doctorate in Energy Engineering (solar specialty) at the University of Massachusetts

 S.K. Shelgikar

S.K. Shelgikar

Advisor

Mr Shelgikar spent over 20 years at the Videocon Group in Group Finance, handling all local IPO’s, international mobilization of debt and equity, domestic and international structured financial products for the Group’s finances aggregating over US$ 5 Billion. He is a qualified Chartered Accountant and is a member of the Institute of Chartered Accountants of India. He serves as a Director to many organizations, including Joy Holdings, Dhanapur Investments, Magrolia Leasing and Infotech, Archangel Leasing and Infotech, Yunus Social Business Fund Mumbai, Slum Dwellers Development India Pvt. Ltd., Liberty Videocon General Insurance Company, and the Microcredit Initiative of Grameen. He has a strong passion for social business and philanthropy, having founded the YSB Fund Mumbai.

Global Team

Prof. Muhammad Yunus

Prof. Muhammad Yunus

Co-Founder and Chairman

Professor Muhammad Yunus co-founded YSB Global Initiatives, and currently serves as the Chairman of the Board for YSB Global Initiatives. He is additionally the founder of Grameen Bank. Today, Grameen Bank has over 8.4 million members -97 per cent of who are female and has lent over US$12.5 billion since its inception. In 2006, the Norwegian Nobel Committee jointly awarded the Nobel Prize in Peace to Professor Yunus and Grameen Bank “for their efforts to create economic and social development from below.”

Since 2006 Professor Yunus has focused on spreading and implementing the concept of social business. He has written three books about micro-lending and Social Business: “Banker to the Poor” (2003), “A World Without Poverty: Social Business and the Future of Capitalism” (2008) and “Building Social Business” (2010).

Among Professor Yunus’ many awards and honors he has received all three highest US Civilian awards (Presidential Citizens Medal, the Presidential Medal of Freedom and the Congressional Gold Medal). Thereby he is one of only seven people in history that has received these awards, along with recipients Martin Luther King Jr., Mother Teresa or Nelson Mandela. In 2009, Forbes named Professor Yunus one of its “10 Most Influential Business Gurus.”

Saskia Bruysten

Saskia Bruysten

Co-Founder and CEO

A leader in the Social Business Movement, Saskia Bruysten was Co-CEO of Grameen Creative Lab prior to founding YSB. She started her career at the Boston Consulting Group in Munich and New York. She was appointed to the EU Commission’s expert group on Social Business and has assisted Professor Yunus on UN Secretary General Ban Ki-Moon’s MDG Advocacy Group. She holds an MBA from the European Business School, Germany and a MSc in International Relations from the London School of Economics.