Kinara Capital Appoints Mindtree Co-founder Parthasarathy N. S. As Independent Director

Kinara Capital, a fast-growing fintech driving last-mile MSME financial inclusion, has announced the appointment of Parthasarathy N. S. (Partha) as a new Independent Director on the company’s Board of Directors (BoD). Partha is a well-renowned Information Technology (IT) leader with over 35 plus years of experience in shaping engineering, organisational development, capacity building and more, for a wide range of organisations. Most notably, he is known as the Co-founder of Mindtree which he took from its startup phase to cross the $1 billion revenue milestone as a listed company. 

In addition to serving as an Independent Director, Partha is the Chair of the IT Strategy Committee for Kinara Capital. Known for emphasising human-centric design principles and building impact oriented solutions with technology, Partha’s wide start-up mentorship experience will bring a fresh perspective to Kinara. 

Currently, Partha is a Managing Partner at Mela Ventures, an organisation dedicated to fostering tech entrepreneurship with a focus on solving real-world problems. Prior to this, he spent over two decades at the helm of Mindtree, a global technology consulting and digital solutions company. He served as the company’s Vice Chairman and COO at different times in Mindtree’s evolution taking it from a startup to a listed company. Prior to that, he worked for Wipro’s R&D team for over 14 years. He also served on the NASSCOM IT Services Council to improve market access for start-ups in India. Apart from his stellar professional achievements, Partha is well-known for his philanthropic contributions. He is a Founding Director of the WeLive Foundation which supports young orphans transitioning out of childcare institutions. He has previously also served as the Director for the White Swan Foundation for Mental Health. 

Parthasarathy N. S. joined as an Independent Director on Kinara Capital’s Board of Directors on April 29, 2024 and as the Chair of the IT Strategy Committee on August 6, 2024. Partha’s addition brings the total to four Independent Directors on Kinara’s BoD. Kinara Capital’s Board of Directors holds one third independent directors and one third women representation with a total of 13 directors: Sunil Gulati; Arvind Kodikal; Arunprakash Srinivasarao Korati; Parthasarathy N. S. (Partha); Stephen Lee; Ravindra Pisharody; Aiswarya Ravi; Hardika Shah; Ranjit Shah; Bhavna Thakur; Rekha Unnithan; Agustin Vitorica; and Geoff “Chester” Woolley. 

Since inception, Kinara Capital has cumulatively disbursed more than Rs 7,150 plus crores across 1,22,900 plus collateral-free business loans. The impact of this vast MSME financial inclusion has led to immense job creation and income generation in local economies across 100 plus cities in India.