New Delhi: SeedVC, a venture capital firm, has appointed Rajiv Banga as Principal who is the former MD/CEO of IL&FS Rail Ltd/Rapid Metro SPV companies & VP Engineering of HUL for strengthening SeedVC’s vision of contributing to the Indian startup ecosystem.
“Banga has joined SeedVC to help us in achieving our goal of investing in startups that are making a difference in green technology, sustainability, mobility & logistics and so on. He will be at the core of the leadership team within the firm for making strategic decisions that will elevate us to move ahead in our mission”, said Gaurav Aggarwal, Managing Partner of SeedVC.
Previously, Banga was associated with conglomerates like Hindustan Unilever Ltd & Mangalore SEZ Ltd. (MSEZ). He has held various senior leadership roles in the corporate sector including some of the large companies in India. Banga brings with him 40 years of experience across sectors which would make the firm and the startups under his leadership inevitable in succeeding.
On joining SeedVC, Rajiv Banga said, “This is the new innings of my professional life, having worked for different sectors and industries for over 4 decades and now associating with a VC firm, I would get the opportunity to pass on my learnings and also learn more from the new age entrepreneurs and young minds, which is going to be an exciting space. I am hoping to contribute to supporting SeedVC’s mission in their journey.”