Lok Capital's team is diverse in talent, skills and experience, but is unified in our end goals. Our team members include high achievers from the industry who have proven skills in managing projects, and bringing about meaningful change.
Rajiv B. Lall Founder
With over three decades of enriching experience, Rajiv B.Lall founded Lok Capital. He has contributed tremendously in various roles such as an investor and advisor with Warburg Pincus in Singapore and New York; as an economist and policy advisor with Morgan Stanley in Hong Kong, the World Bank in Washington, D.C., the Asian Development Bank in Manila, Philippines, and in academia.
Since January 2005, he is at the helm of IDFC (Infrastructure Development Finance Company), India as the MD & CEO.
Prior to this Rajiv was with Warburg Pincus, one of the largest private equity firms in the world from 1997 till 2004. There he focused on investing in financial services, strategy decisions on a global basis and the firm’s portfolio allocation. Rajiv has represented the firm on the board of a number of portfolio companies and is member of the firm’s Economics Advisory Committee.
He completed his BA from the University of Oxford as well as a Ph.D. in Economics from Columbia University.
Donald Peck Co-Founder
As a mentor, Donald co-founded Lok Capital in the year 2006.
The three titles that best describe Donald’s 30-year experience in emerging markets are as a business advisor, an investor and an emerging markets economist. This also includes the 12 years he spent in building venture capital businesses in India. Donald also advises a number of UK charities on projects in environment, health and education in developing countries, particularly Asia.
Until 2008, Donald looked after a South Asian venture capital portfolio of over $1 bn for the UK Government-owned Commonwealth Development Corporation (CDC). He was also a founding partner of Actis and director of CDC. Before joining CDC, from 1978-88, Donald advised companies investing in Latin America, followed by a stint where he himself invested in the emerging markets of South America and Eastern Europe at the World Bank Group in Washington.
Donald holds a D.Phil in History from the University of Oxford.
Vishal Mehta Co-Founder and Partner
Vishal is co-founder of Lok Capital that started its impact investment operations in India in late 2004. Since then, apart from building Lok Capital as a premier venture capital fund, he has played a key role in fostering Impact Investing space in India including as founding executive director of Impact Investing Council (IIC). Prior to Lok, Vishal worked for a decade in financial services and telecom sector in Asia, Europe and the US. Vishal holds an Engineering degree from Delhi University and an MBA from the University of Michigan, Ann Arbor.
Venky Natarajan Co-Founder & Partner
Venky Natarajan is the co-founder & partner in Lok Advisory Services which advises the funds of LOK Capital, Prior to Lok Advisory Services, Venky was with Intel Corporation and Intel Capital doing early stage technology venture capital investments. For the last 10 years, Venky has been involved with the Financial Inclusion space in india as an investor and member of the Board . Venky was also chair of the Small Finance Bank transformation Committee in Ujjivan Financial Services.
Venky is part of Ujjivan, Suryoday, QED, Aurowell and Dr. Mohans.
He completed his MBA from Cornell University and also has an M.S. in Electrical Engineering from Arizona State in Tempe.
Rathinam Ganapati Partner
Rathinam, a Partner, is a seasoned private equity professional with close to 18 years of PE and 10+ years in the corporate function in all facets of investing, fund raising, portfolio management and exit negotiations. During his tenure in the PE space he has also been instrumental in setting up the back end operations of Actis in India including putting a team of 15+ professionals together. He also has been on various boards representing the investor and has proven ability of successfully working with promoters, boards and businesses with a view to working out a solutions for all involved. His experience has been across sectors, with all constituents of the PE industry including managing the regulatory environment. Some of investments where he played a key role include, Punjab Tractors Limited (sale to Mahindra) , Paras Pharmaceuticals, UTI Bank, Halonix Limited, Jyothy Limited, LMKR, Supermax.
Sidhartha Suri Director
Sidhartha (aka Sid) is a Lawyer with a background in accountancy and having over 20 years of working experience in diverse roles.
Prior to joining Lok, Sid worked with Actis for 8 years with the Mumbai office. His responsibilities were a mixed bag comprising of advising on risk, negotiations on deals, legal documents, compliance, representing Actis on the board of companies et all.
Having started his career with Deloitte, Sid was a Tax litigation lawyer, banker and a member of the core team that founded a prepaid debit card business with voice as a biometric before joining Actis.
Sid holds a Bachelor degree in commerce and law from Allahabad University.
Rajesh Babu Director
A director at Lok Capital, Rajesh Babu has over 15 years of experience as an investment professional.
Prior to Lok, Rajesh worked with Everstone Capital for six years and invested in businesses across consumer, financial services and industrial sectors. He comes with a significant experience in evaluating agri companies in general and dairy in particular.
Rajesh has also spent 4 years in JPMorgan’s investment banking team where he covered the consumer and retail sector across Asia.
Within Lok, Rajesh serves on the board of Siddhi Vinayak Agri and HR Foods.
He holds an MBA from T.A. Pai Management Institute, Manipal and B.Tech in Dairy Technology from Gujarat Agricultural University.
Bhavesh Hemani Director
Bhavesh Hemani, a chartered accountant with over 14 years of experience is a Director at Lok Capital.
Before joining Lok, Bhavesh worked with Actis, where he transitioned processes for the service delivery center in India and was responsible for fund administration, investor relations and reporting.
Prior to his time at Actis, he worked for three years with Deloitte in their Business Advisory and Assurance division.
Bhavesh holds a B.Com. (H) from Delhi University and CA, Accountancy from ICAI.
Priyamvada joined Lok in 2014. She has over 12 years of experience across investing, investment & commercial banking. She spends a large part of her time at Lok in developing and executing the financial inclusion thesis for the fund. She has evaluated many deals across the NBFC and housing finance space and manages Lok’s investments in these areas.
Prior to Lok, she worked with Veda Corporate Advisors, a boutique investment bank, for 6 years, advising companies across sectors on private equity and M&A transactions.
A gold medallist, Priyamvada completed her Bachelors in Commerce from Stella Maris College. She holds an MBA from XLRI, Jamshedpur.
Rini Singhal Vice President
Rini joined Lok in November 2014. She has over 7 years of experience across venture capital and investment banking industry. She primarily focuses on agriculture, small finance banks and housing finance space and has evaluated multiple deals and manages investments across these sectors.
Prior to Lok, Rini was a part of the investment team at Aavishkaar, where she worked on early stage investments across sectors. Before Aavishkaar, Rini spent close to three years in Investment Banking at Nomura working across a wide range of deals.
Rini is an MBA graduate from Narsee Monjee Institute of Management Studies, Mumbai and has a Bachelors degree in Economics from Hindu College, Delhi University. She has also completed Level I and II of the CFA program of CFA Institute, USA.
Shivthilak Tallam Associate
Shiv has over 8 years of experience in investment banking with a focus on venture capital and private equity. Prior to joining Lok, he worked with Sprout Capital Advisors where he led the early stage venture advisory team and helped companies across sectors raise over USD 200mn in venture capital. Previously, he worked with Deutsche Bank in the Japanese investment banking division and fidelity investments.
Shiv holds an MBA from the Symbiosis Institute of Business Management – Pune (SIBM) and did his Bachelors in Electronics & Communication Engineering from MS Ramaiah Institute of Technology, Bangalore.
Ritesh Gupta Associate
Ritesh has over 7 years of experience in investment banking, strategy consulting, and risk assurance services. Prior to joining Lok, he worked with Grant Thornton India as part of the M&A and PE Advisory team. There he was engaged in domestic as well as cross-border transactions involving sell side mandates and leverage buy-outs. He has also worked with the Oberoi Group of hotels in corporate finance and Deloitte in risk assurance practice.
Ritesh is an MBA graduate from the Indian Institute of Management Lucknow (IIM L), qualified Chartered Accountant and holds a Bachelors degree in Commerce from Hansraj College, Delhi University.
Nikita Assistant Manager, Finance
Nikita began her journey with us in May 2015. She has over three years of experience, including her internship, in Risk, Advisory and Statutory Assurance domain.
Before this, she was a part of the audit team at S.S. Kothari Mehta & Co. There she worked on assurance services and internal control aspects in various real estate companies and other service sectors.
She holds a Chartered Accountant degree from the Institute of Chartered Accountant of India. Nikita also has a Bachelor degree in Commerce from Indira Gandhi University.
Namit Chugh Associate
Namit has over 5 years of management consulting experience across healthcare and infrastructure sectors with a focus on commercial due diligence for private equity investments. Prior to joining Lok, he worked with Alvarez & Marsal and PwC in their consulting practice. He has also worked with CRISIL Advisory where he advised multi-lateral agencies and infrastructure companies on investments in water, solid waste management and hospital projects.
Namit holds an MBA from the Indian School of Business, Hyderabad and a Bachelors degree in Electronics and Communications from Guru Gobind Singh Indraprastha University, Delhi. He has completed Level I and II of the CFA program of the CFA Institute, USA.
Dheeraj Kapoor Head of Funds Administration
Dheeraj Kapoor has 2 decades of experience in Finance and is Head of Funds Administration at Lok Capital.
Before joining Lok, Dheeraj worked with BT Global in their shared services centre where he was leading service delivery for processes in finance and accounting.
Other than BT Global, he has worked with NCB Capital(DIFC); Macquarie and Actis ensuring service delivery for fund administration; reporting and transformation.
Dheeraj holds a B.Com. (Hon’s) from Delhi University