DBT Bureau
Bhubaneswar, 28 June 2024
Mela Ventures has appointed R Kalyan Sundar as its new finance & legal head, the company said in a press release.
Kalyan brings a wealth of experience in mergers and acquisitions, financial due diligence, and deal negotiation. At Mela Ventures, he will spearhead financial and investment strategies, playing a crucial role in fostering and scaling innovative startups across various industries.
“I am thrilled to join Mela Ventures and contribute to its mission of fostering growth and innovation in the startup ecosystem. I look forward to leveraging my experience to optimize financial strategies and support the success of emerging founders and their startups,” said Kalyan Sundar, Head of Finance & Legal at Mela Ventures.
Before joining Mela Ventures, Kalyan was the Assistant Vice President of Finance at Stakeboat Capital LLP. There, he led financial evaluations in areas like SaaS, Automation Solutions, Healthcare, IT/ITeS, and E-Publishing. Earlier, at Ernst and Young LLP, Kalyan handled over 40 financial due diligence projects, advising on strategic deals and fundraising for both global and domestic clients. He is a Chartered Accountant and holds a diploma in IFRS.
“We are delighted to welcome Kalyan Sundar to our leadership team. His experience in financial due diligence, management, and strategy will be invaluable as we continue to identify and support high-potential startups while upholding sound governance and best practices,” said Parthasarathy NS, Managing Partner, Mela Ventures.
Mela Ventures was founded by industry veterans, Krishnakumar Natarajan and Parthasarathy NS who co-founded Mindtree. The fund house invests in early-stage companies.
