Ahmedabad, India – September 5, 2023 – Chanakya Opportunities Fund, a pioneering sector-agnostic investment fund dedicated to supporting and investing in India’s thriving SMEs companies listed on SME Board of the NSE and BSE, is pleased to announce the appointment of Mr. Sumit Poddar to its esteemed advisory board.
With a distinguished career spanning over 22 years in portfolio management, wealth management and advisory industry, Mr. Poddar brings a wealth of experience to the Chanakya Opportunities Fund. He currently serves as the Founder and Chief Investment Officer (CIO) of Tikona Capital. Additionally, he co-founded Swift Money, a financial technology company, where he serves as the CIO. Has worked with esteemed organisation like Aditya Birla Insurance, SUD LIFE and Tata Consultancy Services.
Kresha Gupta, the visionary Founder and Fund Manager of Chanakya Opportunities Fund stated – “We are delighted to welcome Mr. Sumit Poddar to our advisory board. His extensive expertise and profound insights will be invaluable as we continue our mission to empower and invest in India’s burgeoning SME sector, fostering growth and innovation.”
“I’m honoured to join Chanakya Opportunities Fund I, which aspires to become India’s first SME Exchange Focused Fund,” remarked Mr. Poddar. “Being part of this dedicated team is a privilege, and I eagerly anticipate contributing to its remarkable success.”
Chanakya Opportunities Fund is a India’s First SME exchanged focused fund that invests in profitable SMEs with exceptional growth potential, particularly in the unorganized sectors. The fund has a corpus of INR 100 crore and is committed to investing in approximately 25 promising companies. The fund managers and promoters are investing 20% of their own capital, demonstrating their confidence in the fund’s ability to generate attractive returns for its investors