(Managing Director & Chief Executive Officer)
Finova Capital is brainchild of Mr. Mohit Sahney who is Managing Director & CEO of the Company. He is the Founder Director of Finova. Previously he was Joint General Manager with one of the largest banks in the country- ICICI Bank.
Mr. Mohit has close to two decades of experience in retail banking & financial services, with impeccable track record in full spectrum of Asset & Liability business from business conceptualization to development to risk management in products such as home loans, mortgages loans, property services, Agri business, retail assets & branch banking, wherein he spearheaded various segments from inception .He was instrumental in setting up all these business along with Rural & Inclusive Banking group for ICICI bank. He successfully spearheaded integration process with Bank of Rajasthan as well. He has served bank in various capacities as Head-Home Search, Business Head-Home Equity, Product Head-Mortgages & Zonal Head-Rajasthan.
Mr. Mohit believes that financing India 30 million MSME and India emerging middle & lower middle class, with a differentiated model, based on new technology platforms, offers a unique opportunity in India. As part of this belief, he conceptualized formation of new NBFC.
Mr. Mohit Sahney has done Civil Engineering from MBM Engineering College, JNV University Jodhpur & MBA from FMS, MDS University Ajmer.
Mrs. Sunita Sahney is Founder and Executive Director of Finova Capital. She has done Production & Industrial Engineering from MBM Engineering College, JNV University, Jodhpur & MBA from FMS, MDS University, Ajmer. She topped MDS University, Ajmer in Management & was working with Shyam Telelink & Tata Teleservices in various leadership roles before turning entrepreneur. Mrs. Sunita Sahney has a unique blend of entrepreneurship, community upliftment and operational expertise that has helped prepare her for her role at Finova. Her passion to help unlock every individual potential was sparked while at University as she reflected on what it would mean to align her life around her belief. This passion only grew as Sunita experienced the alternating joys & tragedies of working closely with marginalized communities in Rajasthan.
As her career progressed, She has been able to complement her convictions with valuable business experience. By fusing together a deep understanding of the on the ground reality with the relentless pursuit of an impactful and efficient operational model, she believes Finova will play an important role in transforming credit delivery for India masses.
As Executive Director, She looks after the operations side of the business-From banking operations to customer Relationship Management, from finance to recruitment. Her dream is to have Finova play a pivotal role in the transformation of credit delivery mechanism to unorganized & unreached segment in the country. She is heading operations, compliance & HR in Finova Capital.
Mr. GV Ravishankar is a Managing Director with Peak XV Partners (formerly known as 'Sequoia Capital India') . At Peak XV Partners (formerly known as 'Sequoia Capital India'), Mr. GV focuses on sectors like Consumer, Financial Services and Education. He currently serves on the boards of Axio, BYJUs, Eruditus Learning, Faces Cosmetics, Five Star finance, Finova Capital, HomeLane, India Shelter Finance Corporation, Indigo Paints, K12 Technoservices, Prataap Snacks , Rebel Foods, Rupeek, Suburban Diagnostics and Turtlemint. He has also served as board member/observer of companies like Via (sold to NASDAQ: EBIX ), Manappuram and Equitas.
Prior to this, Mr. GV worked at McKinsey & Company, where he advised senior management of top Indian companies on a variety of issues including business building, channel management and leadership development. He also had a prior stint with Wipro Technologies in their Embedded and Internet Access division.
Mr. GV is the recipient of the Midas Touch award by Economic Times Startup Awards 2020 and IIM Ahmedabad’s Young Alumni Achiever’s Award, 2019-20 in the Corporate Leadership category.
He has an MBA from IIM Ahemdabad and holds a BE in Computer Science and Engineering from NIT Trichy.
Mr. Ishaan Mittal is a Managing Director at Peak XV Partners (formerly known as 'Sequoia Capital India'). He has been with Peak XV Partners (formerly known as 'Sequoia Capital India') for seven years. He advises on investments in the fintech, payments and consumer technology sectors.
Mr. Ishaan holds board seats in Razorpay, Mamaearth, Finova Capital, Urban Ladder, CarDekho and Suburban Diagnostics. Prior to Peak XV Partners (formerly known as 'Sequoia Capital India'), he worked with The Boston Consulting Group.
Mr. Ishaan holds a B.Tech in Mechanical Engineering from IIT Delhi and an MBA with distinction from Harvard Business School.
Arjun Dan Ratnoo
Mr. Arjun Dan Ratnoo, is a retired Chief General Manager of NABARD with over 30 years of experience in financial and banking sector. He is a certified Associate of Indian Institute of Banking & Finance and has also been certified in Micro Finance from Indian Institute of Banking and Finance.
During his stewardship as Chief General Manager of NABARD, he has implemented various foreign assignments as a member of World Bank Team. He was also on recruitment board of IBPS for recruiting Officers in various scales in RRBs in India for 3 years. He has a vast experience as member of Board of various Regional Rural banks, State Cooperative banks, National Level Finance Corporation banks and Finance Corporation.
Mr. Aditya Parekh is the Co-Founder of Faering Capital and has over 20 years of global and Indian experience in private equity and investment banking. He leads investments in the Financial Services, Healthcare, Logistics and Media sectors and currently serves on the board of directors of five portfolio companies - WheelsEMI, FundsIndia, Utkarsh Coreinvest, Finova Capital and Book My Forex. In addition, Aditya leads investor relations, financial control oversight, legal and regulatory matters at the firm.
Prior to co-founding Faering Capital, Mr. Aditya was Vice President at Old Lane India Opportunities Fund, a USD 516 million India focused private equity fund, where he was responsible for leading the fund’s investments in the Indian real estate sector and was involved in evaluating opportunities across the infrastructure and financial services sectors. Prior to that, he worked in the Media and Entertainment Investment Banking Group at Merrill Lynch in New York for 5 years.
Mr. Aditya holds an MBA from the Wharton School, University of Pennsylvania and a Bachelor’s degree in Economics from Cambridge University. He is also an active Member of the Entrepreneurs Organization (EO) Mumbai
Dr. Sathyan David is a Veteran Central Banker having 36 years of experience in Reserve Bank of India where his main focus areas have been financial regulation and supervision. He has served at senior levels in the Verticals for regulation and supervision of financial sector entities and has specialised in Financial Risk Management and Corporate Governance. At the senior management levels at RBI he has had substantial experience in supervision of commercial banks, NBFCs, payment systems and cooperative banks.
He has also been a Member of a Committee of the Financial Stability Board, Basle – Group for Monitoring of the Global Non-Bank Financial Intermediation (NBFI) sector where he was the lead of the NBFC segment. He has been the RBI Nominee Director on the boards of both private sector and public sector banks. He has also participated in several international seminars on central banking policy at the Bank of England, Banco De Espana, Central Bank of Netherlands, Federal Reserve Bank, Bank of Korea and BIS.
Dr. Sathyan David holds a Masters in Economics from the Birla Institute of Technology and Science, Pilani, a Diploma in Risk Management in Banking from INSEAD, Paris and a Doctorate in International Economics from the University of Madras.
After his retirement from the RBI in 2018, he has been a Programme Director at the Centre for Advanced Financial Research and Learning, Mumbai and subsequently started a freelance consulting firm providing Advisory Services in Financial Regulation, Risk, Corporate Governance and Compliance. Presently, he is an Advisor to NBFCs and banks and is also serving on the Boards of a few Fintech startups.