India's TVS Capital recruits managing partner from Flourish
Anuradha Ramachandran, who was previously an India-based director at financial technology specialist Flourish Ventures, has joined TVS Capital Funds as a managing partner.
Ramachandran began her career as an early-stage investor with Ventureast in 2006. Five years later, she moved to Omidyar Network, a global impact investment firm launched by eBay founder Pierre Omidyar, as a financial services specialist. Ramachandran remained with the sector team when it spun out from Omidyar Network to become Flourish in 2019.
TVS Capital was established in 2007 by Gopal Srinivasan, an entrepreneur and a member of the founding family of TVS Group, an India-based conglomerate best known for TVS Motor and TVS Supply Chain Solutions.
The firm participates in venture growth through late-stage growth rounds, typically targeting assets in financial services, B2B services, and niche consumer segments. It has INR 20bn under management across three rupee-denominated funds, sourcing capital from domestic financial institutions, family offices, and high net worth individuals.
The most recent fund closed on INR 15.5bn in in 2017, beating a INR 10bn target.
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