FinTech Lab Team

Cedar-IBSi Capital
Angleen Malik
Lab Director
Sumit Gilitwala
Associate – Investments and FinTech Lab
Niomi Parikh
Research Consultant

Investments Team

Cedar-IBSi Capital
Sahil Anand
Founder & Managing Partner
Subit Saurav
Associate Partner, Investments
Sunny Desa
Director – Investor Relations
Pallavi Bhatia
Associate, Investments
Alan Nigrel
Associate, Investments

Fund Advisors & Venture Partners

Cedar-IBSi Capital
Sanjiv Anand
Executive Chairman, 
Cedar-IBSi Capital
Felipe Martinez
CIO and Mgmt board, Revolut Bank
Pradip Shah
Founder, HDFC and CRISIL
Bobby Parikh
Board Member, Infosys
Ex Board Member, HDFC Bank
Sandeep Chouhan
Sandeep Chouhan
Group CTO, Network International

In-house FinTech Experts & Scouts (+50 more)

Cedar-IBSi Capital
V. Ramkumar
Senior Partner and Head, Cedar Financial Services practice
Chetan Parekh
Managing Partner and Head, Cedar FinTech practice
Amit Jain
Partner and Co-Head, IBS Intelligence
Robin Amlot
Managing Editor, IBSi FinTech Journal
Jared Zerman
Senior Director, US markets
Nikhil Gokhale
Director - Research and Digital properties
Pankul Verma
Director
Soham Dutta
Engagement Manager
Tarishi Kumari
Engagement Manager
V. Ramkumar
Senior Partner and Head, Cedar Financial Services practice
Chetan Parekh
Managing Partner and Head, Cedar FinTech practice
Amit Jain
Partner and Co-Head, IBS Intelligence
Robin Amlot
Managing Editor, IBSi FinTech Journal
Jared Zerman
Senior Director, US markets
Nikhil Gokhale
Director - Research and Digital properties
Pankul Verma
Director
Soham Dutta
Engagement Manager
Tarishi Kumari
Engagement Manager

Corporate Services & Development (+20 more)

Cedar-IBSi Capital
Ojas Kulkarni
20+ years of experience in brand and performance marketing
Sumit Raisinghani
15+ years of years of experience in talent acquisition & human resource management
Pooja Roy Chowdhury
11+ years of experience in digital media and marketing

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Angleen Malik

Director – Cedar-IBSi FinTech Lab


LinkedIn

Angleen comes with 30+ years of experience across wealth management and strategic advisory. At Cedar-IBSi, she has worked closely and interacted with the leadership teams of FinTech lab members and played a significant role in their next phase of product, market, and customer growth. She also identifies and plans their future capital-raise requirements through the Lab ecosystem.

As Lab Director, Angleen will spend her time between Cedar-IBSi Capital (SEBI AIF) and the FinTech Lab, in identifying breakthrough lab members and their use cases, as they prepare to raise their first round of institutional capital.

Prior to Cedar-IBSi and the FinTech Lab, she possesses a strong track record of wealth management, IPO, and investment banking experience between India and the GCC via roles at RAK BANK and Seven Capital. She is recognized for facilitating RAK BANK’s largest deal and managing a portfolio of structured products with an average ticket size of $2-5mn across corporates like ICICI and TATA Group. She was also responsible for the bank’s expansion into the UK, Africa, and India.

Sumit Gilitwala

Associate – Investments and FinTech Lab

LinkedIn

Sumit comes with over six years of experience in FinTech consulting, program management, market research and partnership formulation. He has worked with global Financial services companies in their digital transformation journey, solving critical business problem statements through strategic partnerships. His expertise lies in identifying FinTechs that will solve problems for large organizations.

Prior to the Cedar-IBSi FinTech Lab, Sumit was a part of the digital transformation team at Ageas Federal Life Insurance, where he conceptualized the embedded insurance partnership. Prior to which, he was with Startup Réseau as Head of FinTech Initiatives, where he focused on corporate innovation programs, conferences and community building, accelerators, and market access programs for large Indian clients.

His earlier experiences include MEDICI – Global Fintech Market Network, where he led the FinTech innovation programs across Southeast Asia and India, and Zone Startups India, where he set up corporate accelerator programs.

Sumit holds an MSc. Economics degree from Symbiosis International University.

Niomi Parikh

Research Consultant


LinkedIn

Niomi has a diverse educational background and is a successful business transformation and FinTech consultant. For the last two years, Niomi has played a crucial role in engaging with FinTech Lab members, understanding their needs, and aligning solutions to help them grow. She has worked on various consulting projects, focusing on Change Management, Diagnostic Workshops, Fee Income Strategy, and Vendor Selection for banks and institutions.

She holds a postgraduate degree in Management from ISME School of Management and Entrepreneurship, specializing in Finance with minors in Entrepreneurship. Additionally, she is a Chartered Accountant (Group 1) and has completed her MCOM from H R College.

Niomi’s dedication extends beyond her professional life; she secured the 5th Rank in her PGDM course and is a recognized “Super Hero” for her contributions to training underprivileged girls for job readiness through Bright Future India. She’s multifaceted, pursuing hobbies via sports (Badminton and Swimming), Dancing and Music (Guitar), and is a passionate traveler.

Sahil Anand

Founder & Managing Partner

LinkedIn

Sahil comes with ~10 years of private equity, venture capital and management consulting experience. His investing experience ranges from minority venture capital investments to buyout/control-type private equity transformations across industries. Sahil’s consulting experience was focused on financial services where he played active roles on engagements involving the business and FinTech transformation of leading regional banks.

Prior to Cedar-IBSi Capital (SEBI AIF), Sahil spent his time between Cedar Consulting and IBS Intelligence, where he spent most of his time at IBS Intelligence working with global BankTechs and FinTechs on their growth strategy using IBSi’s proprietary tools and data.

Prior to Cedar-IBSi, Sahil started his career on the investments team at Everstone Capital, where he worked across deals and industries, and played an active role on the “platformification” of Everstone’s various theme focus areas along with the fund’s leadership.

Sahil holds an MBA from London Business School, and a BS in Finance from NYU Stern. He is the former Chapter Chair and founding board member for YNG (Young Presidents Organization) Mumbai and serves actively as a NYU Stern Alumni Association Committee Member. Sahil also serves as a board member of EO (Entrepreneurs Organization) Mumbai, a global network of leading entrepreneurs across industries.

Subit Saurav

Associate Partner, Investments


LinkedIn

Subit comes with more than 13 years of experience across the investment cycle in the fund business, from deal-sourcing to leading exits. He is also an expert in equity and debt raises, structuring, and financial & business planning.

Before joining Cedar-IBSi Capital (SEBI AIF), Subit was with Aavishkaar Capital, an Impact Venture Capital focused on Financial Services and FinTech, where he was responsible for deal evaluation, portfolio, and exit management. He represented the fund in various board roles, guiding and working strategically with the leadership teams.

Subit holds a PGDM diploma from IIM Calcutta and B. Tech degree from IIT Guwahati. He has attended the Strategic Leadership in Inclusive Finance program at Harvard Business School.

Sunny Desa

Director – Investor Relations

LinkedIn

Sunny Desa is a seasoned professional with over 17 years of experience in investor relations, capital raising and portfolio management. He comes with proven track-record of successfully raising capital in both private and public markets, across equity and debt between his experience in the US and India.

Prior to joining Cedar-IBSi Capital (SEBI AIF), Sunny spent a decade at YES Bank, spearheading the investor strategy team and redefining the Bank’s growth strategy while raising substantial via preferential allotments, FPOs, and QIPs, whilst working with global private equity giants. Before this, Sunny spent time on Wall Street as a portfolio manager and licensed broker for Bernard Herold & Co. Inc.

Sunny holds a BBA from NYIT and an MBA from Zicklin School of Business, CUNY.

Pallavi Bhatia

Associate, Investments LinkedIn

Pallavi comes with 5+ years of experience in Consulting and Financial Services. She joined Cedar-IBSi Capital (SEBI AIF) after being an Associate Consultant in Cedar’s FinTech & Digital Transformation practice, where she worked on multiple engagements across technology transformations, FinTech program governance, and program management for large Banking clients globally.

Before Cedar, Pallavi worked with Ernst & Young (EY), where she actively participated in consulting and research for three key Private Equity Clients – Apollo Global Management Inc., Blackstone Inc. and Carlyle Group. Preceding this, she worked with Encore Asset Reconstruction company, where she assisted the CEO Office with Board engagements and growth and fundraising plans of the company. She also has prior experience with S&P Global.

Pallavi has completed her MBA from SP Jain School of Global Management and holds a B.Com. (Hons.) degree from the University of Delhi

Alan Nigrel

Associate, Investments


LinkedIn

Alan comes with 6+ years of experience across financial services, insurance, and consulting. He joined Cedar-IBSi Capital (SEBI AIF) after being a Senior Consultant in Cedar’s FinTech and Digital Transformation practice, where he spent his time evaluating and working with FinTech product platforms and the use cases they can bring to his banking clients.

Prior to Cedar, Alan worked at ICICI Prudential Life Insurance, where he worked with FinTech platforms to enhance the AI capabilities of insurance underwriting processes. Before this, he spent time at JP Morgan and Morgan Stanley, where he spent his time working with APAC hedge fund managers in corporate action operations.

Alan has completed his MBA in Finance from NMIMS Mumbai and holds a BSc. Statistics degree from Mumbai University.

Sanjiv Anand

Executive Chairman,
Cedar-IBSi Capital

Sanjiv is a recognized global thought-leader in strategy formulation, execution, and performance management powered by the Balanced Scorecard Framework. Cedar’s heritage is being part of the firm founded by Prof. Kaplan, HBS, co-creator of the BSC. For over 30+ years Sanjiv has helped boards and CEOs globally develop strategy, merge financial institutions, and transform their business & organizations. Global PE funds have also leveraged his expertise in development of their fund strategy, assessing investment targets and improving performance of portfolio companies.

His Financial Services clients have included HDFC, Deutsche Bank, RBL, ADCB, American Express, Goldman Sachs, JPMorgan, Standard Chartered, ADIB, CBD, DIB, Dubai Investments, EmiratesNBD, FAB, Mashreq, Nedbank (South Africa), among others. In more than 30 years of his career, Sanjiv has worked across sectors and driven significant FDI into Asia for clients including Whirlpool, Emerson Electric, Kellogg, Kraft, Honeywell, General Motors, and many others. He started his career in the US as a telecom strategist.

Sanjiv has been a member of the NYU Stern Alumni Council in New York, and a Chapter Chair of the Young Presidents Organization (YPO) & YPO Gold Mumbai. He is also the author of two best-selling books – “Unlocking Human Capital to Drive Performance | A CEO HANDBOOK” by McGraw Hill & “Execution Excellence using the Balanced Scorecard”.

Felipe Martinez

CIO and Mgmt board, Revolut Bank

Felipe is the Chief Information Officer and Management Board member at Revolut Bank UAB, Revolut group’s largest entity, operating in all 30 EEA countries, with 15+ million customers.

Originally from Spain, he started his career at Accenture in 1997, assisting with core banking transformation programs around the world, living in Colombia, Venezuela, Spain, Austria, and the UK. Upon moving to Santander UK in 2008, Felipe led the integration of various acquisitions and the launch of Corporate Banking. His next role was that of CIO for retail and business banking.

Then, in 2019, he moved to Finastra as Senior Director of Universal Banking, Global Services. In addition to pre-sales, he was involved in the implementation and ongoing maintenance of numerous core banking programs.

Felipe will play an active role on Cedar-IBSi Capital’s (SEBI AIF) investment committee, in light of his extensive global experience in assessing and working with emerging and established technology companies.

Pradip Shah

Founder, HDFC and CRISIL

Pradip Shah is a prominent figure in the Indian Financial Services sector, known for his instrumental role in establishing two of India’s leading financial institutions, Housing Development Finance Corporation (HDFC) and Credit Rating Information Services of India Limited (CRISIL).

Pradip’s contributions to the Indian financial services sector go beyond the establishment of HDFC and CRISIL. He has been actively involved in shaping policies, reforms, and regulatory frameworks, promoting the growth and stability of the financial system in India. Shah’s vast experience and expertise have made him a sought-after advisor to government bodies, financial institutions, and corporate entities.

He is also the Chairman of Pfizer India, a former senior advisor to the World Bank, and sits on the boards of multiple other corporations of repute.

Bobby Parikh

Board Member, Infosys
Ex Board Member, HDFC Bank

Bobby Parikh is the Managing Partner of Bobby Parikh Associates, a boutique firm focused on strategic tax and regulatory advisory services.

Over the years, Parikh has successfully led the structuring of transactions for private equity funds, institutional investors, and business owners from a tax and regulatory perspective. He also works closely with regulators and policy formulators in providing inputs to aid in the development of proposed regulations and policies.

Parikh was most recently co-founder of BMR Advisors, a highly regarded tax, and transactions firm which he helped establish and run for over 12 years. Prior to forming BMR Advisors, Parikh was the Chief Executive Officer of Ernst & Young in India and held that responsibility until December 2003. Parikh worked with Arthur Andersen for over 17 years and was its Country Managing Partner until the Andersen practice combined with that of Ernst & Young in June 2002. Parikh led the Financial Services industry practice at Arthur Andersen and then also at Ernst & Young.

Sandeep Chouhan

Group CTO, Network International

Sandeep Chouhan is a senior banking executive known for his expertise in business transformation and technology management, currently serving as the Group Chief Business Transformation and Technology Officer at Network International.

With a career spanning over 34 years, Sandeep has garnered extensive experience in the financial services industry demonstrating his leadership abilities, deep understanding of technology, and track record of successful transformations across 33 countries across the US, Europe, Asia, the Middle East, and Africa.

Sandeep has held prior leadership roles as CTO/CIO at Citi, Morgan Stanley and Barclays, and Group COO roles at leading Middle Eastern banks such as Mashreq, ADIB and CBQ, among others.