LVN Muralidhar
Managing Partner

LVN Muralidhar has over 25 years of experience in corporate banking, equity fund management and investment banking in India. He started his career in 1986 with Canara Bank and went on to become a fund manager for Canbank Mutual Fund where he managed an equity portfolio of more than USD 270 million for over a decade. He enjoyed an excellent track record as mutual fund manager and was awarded for being the Best Performing Domestic Fund Manager for two consecutive years in 1998 and 1999. He started Lastaki in 2003 and, since then, has advised a number of small and medium-scale companies that are now leaders in their respective sectors.

LVN is a Law graduate, Member of the Institute of Company Secretaries of India, and a Member of the Indian Institute of Bankers.

Dev Raman
Managing Partner

Dev has over 20 years of experience with domestic and foreign financial institutions. He held director-level positions in the investment banking businesses at Credit Suisse and HSBC where he achieved significant growth in terms of revenue and market share for the businesses. As an investment banker and an institutional broker, he has successfully raised more than USD 1 billion for Indian corporates.

Dev turned an entrepreneur in 2004 as the Founder and CIO of Tricolor Advisory Services, advisor to a India-dedicated hedge fund (AUM – USD 190 million) and also advised Fortress Investment Group, a global Hedge Fund (AUM - USD 20 billion) on its India investments. In 2006, Tricolor India Fund was nominated as the best performing India hedge fund by Eurekahedge.

As Managing Partner at Lastaki since 2009, Dev has successfully advised multiple M&A transactions and raised over USD 75 million of capital. He has also been an advisor on corporate strategy and been on the board of several organizations previously.

Dev is an MBA from the Indian Institute of Management, Ahmedabad.

Reena Mulay
Partner and CFO

Reena has over 16 years of post-qualification experience, and has been with Lastaki since 2009.

Reena has extensive experience at senior finance positions with companies in India and abroad, including financial restructuring and due diligence processes. She was CFO of Tricolor Advisory Services, India (a hedge fund) for 3 years, where she managed financial operations and accounting functions of the advisory company (India), investment management company (Mauritius) and hedge fund (Mauritius). She has also been in charge of the fund accounting function of Alliance Capital Asset Management, a large domestic mutual fund in India. Prior to that, she was based in California as the financial controller of vMoksha Technologies, a US-based software consulting company.

Reena is a Commerce graduate, a Chartered Accountant, and has also cleared the Certified Public Accountant (CPA) examinations from USA.

Sandeep Aggarwal
Senior Advisor

Sandeep joined Lastaki in 2012 and is based in Gurgaon.

Sandeep started his career with ICICI Bank, as part of Project Finance, based in Mumbai and Delhi, where he was involved in the structuring and due-diligence of projects in various industries for 5 years. He then worked for BNP Paribas, initially in Delhi and then for 7 years in Singapore, where he was Managing Director in the Media & Telecom Finance group and Leveraged Finance group, Asia-Pacific. In this role, he worked with private equity funds to provide debt for their leveraged buy-outs, and media & telecom companies to fund their various capital requirements. He also spent a year working for Motorola Singapore, as Head of Structured Finance, Indian sub-continent.

Sandeep returned to India in 2007 to set up and head the Leveraged & Sponsor Finance business for GE Capital. In all, he has more than 20 years of banking experience in India and Asia-Pacific.

Sandeep is a Commerce graduate, a Cost Accountant and has done his MBA from the Indian Institute of Management, Ahmedabad.

Sarat Gudla
Executive Director

Sarat has over 6 years of post qualification experience and has been working with Lastaki since 2008. He has been involved in deal execution and his expertise lies in equity research, business valuation, financial modelling, transaction structuring and negotiation. He has worked on a variety of transactions including M&A, Structured Debt, Equity fund raising and Strategic advisory across industries.

Sarat is a Commerce graduate, and did his MBA in Finance and Strategy from the Institute of Public Enterprise, Hyderabad.

NEHA KULSHRESHTHA KAPOOR
Executive Director

Neha joined Lastaki in 2011 and currently looks after the Technology Sector. At Lastaki, she has worked extensively on capital raising, M&A and Advisory mandates and successfully concluded transactions across ITES, Software (Enterprise/SaaS), Cloud, Internet & Mobile Technology businesses.

Prior to joining Lastaki she led the research team at a Kolkata based merchant banker. She began her career in investment banking as an Analyst with Adventity Global Services, a Mumbai-based investment banking and research services provider.

Neha has an MBA in Finance and is an alumnus of ICFAI Business School, Pune. She has over 9 years of post-qualification experience.

Rasika Ketkar
Vice President – Media & Consumer Sector

• +10 years exp. of working with Banks and Financial Services with focus on IB in Middle East & India
• Has worked on multiple M&A and Fund Raise transactions
• MSc in International Banking and Financial Services from University of Reading, United Kingdom and Executive Education - Private Equity Programme from Indian School of Business

Vinamra Jain
Senior Manager

• Chartered Accountant with 3+ Years of experience in Statutory Audit and Data Analysis
• Previously served as a Senior Consultant in Grant Thornton Bharat LLP (5th Largest Accounting Auditing Firm in India)
• Possess experience of Financial Statements analysis of Listed and Unlisted Companies from varied Industries like Pharmaceutical, BPM, Digital Marketing, B2C Business and Startups

Taran Bedi
Senior Associate

• 2+ years of experience in the financial services space
• Prior to joining Lastaki, worked in Mergerdomo, NITI Aayog and Yes Bank
• Master’s degree in management and finance from Melbourne Business School and has cleared CFA level 2

Paramesh Iyer
Associate Vice President

• 5+ years of experience in direct taxation, indirect taxation, transfer pricing, internal controls and management audit.
• Started as a member of Corporate Taxation in ACC Limited. In the latest role, lead the tax function for the Indian OpCos of Endo International PLC.
• Paramesh Iyer is a Commerce Graduate and LLB (General) from Mumbai University and is aslo an Associate Member of The Institute of Chartered Accountants of India (CA, ICAI) and Licentiate Member of the Institute of Company Secretaries of India (CS, ICSI)

Chintan Goradia
Associate Vice President

• 4+ years of experience in the financial services sector
• Prior experience with Deloitte, where he was part of the restructuring team; also worked with Grant Thornton as an analyst in the assurance department
• Chartered Accountant and has cleared all levels of the CFA Program

Divyansh Jain
Associate Vice President

• 3+ years of experience in financial services sector
• Prior experience with Grant Thornton, where he worked as a consultant in assurance department
• Chartered Accountant and has cleared level 2 of the CFA Program

Amit Kumar,
Associate Vice President

5+ years of experience in business valuation for strategic and regulatory purposes

Prior experience with KPMG Global Services as part of the corporate finance department

Commerce graduate from Delhi University and has cleared level 2 of the CFA Program

Purvi Sheth,
Senior Advisor And Expert

Purvi is the CEO of Shilputsi Consulting, India

+20 years of experience in leadership development, strategic HR advisory & management

She is responsible for strategic consultancy in the areas of compensation & benefits, organization design, talent engagement and acquisition strategy, performance management as well as leadership and entrepreneurship mentoring programs

Gautam Shah,
Associate Vice President

3+ years of experience in the financial services sector

Prior experience with TresVista as part of the IB practice catering to M&A deals in London markets; also worked as a risk analyst in Deloitte’s assurance practice

Graduated in Management Studies (majoring in Finance) from N.M. College and has cleared level 2 of the CFA Program

Akhilesh Modi,
Associate Vice President

4 years of experience in the financial services space

Prior experience with Avista Advisory, where he worked in the Investment Banking team across infrastructure, pharma and tech; also worked with the World Bank’s Financial Structuring team in Singapore

Completed MBA from Singapore Management University and has cleared all levels of the CFA Program

Sandeep Aggarwal,
Senior Advisor

Sandeep Aggarwal joined Lastaki in 2020 as a Senior Advisor in FIG practice and is based in Delhi NCR.

Sandeep Aggarwal has over 14 years of experience (7 years in HSBC FIG advisory HK, 3 years in EY HK, Deloitte, and Evalueserve) in investment banking, corporate finance strategy and consulting roles covering South East Asia markets along with India from Hong Kong.

He has executed a number of M&A deals (ranging from US$100m to US$700m) in the banking and insurance sectors and brings extensive experience in deal origination and execution in the FIG sector to the Lastaki Group. In HSBC he was also the part of HSBC’s internal strategy team reviewing its investment performance, market entry study and executing in-house disposals. He also advised Asian Development Bank in the strategic review of their internal restructuring initiative.

Sandeep is a Commerce graduate and a Chartered Accountant.

Abhinav Mehrishi
Vice President - Technology Sector

• +10 years experience in corporate development, corporate strategy, business research, data analytics/visualization and financial modelling
• Has worked on multiple M&A transactions for Accenture’s Corporate Development practice in areas like PLM, Enterprise Performance Management, Digital Transformation (Analytics, Mobility)
• Has experience in developing bespoke research products like industry benchmarks and simulation models
• MBA (Finance) from Amity Business School