External Nominee - Investment Committee
Sudip Bandyopadhyay is the promoter of Inditrade Capital Limited (erstwhile JRG Securities) and
is the Group Chairman of Inditrade JRG Group of Companies. In addition, Sudip is a significant
investor in Bima Direct (Online Insurance), Dining Plus (Rewards & Loyalty), Klug Tech
(Robotics) and several other Fintech startups. He also sits on the Boards of number of listed
and unlisted domestic companies and has significant presence in business media through his
regular interaction on leading business channels, newspapers and magazines. Sudip is a qualified Chartered Accountant and a Cost Accountant. He has over 29 years of rich and diverse experience
in various areas of finance and financial services.
During Sudip’s 16 years stint with ITC as head of Treasury and Strategic Investments, he managed investments in excess of $1.5 billion. Sudip used to manage all treasury operations including
capital, currency and money markets for ITC. He was also responsible for the acquisition of
strategic stakes in EIH, VST and several other companies by ITC.
Post ITC, Sudip was the Managing Director of Reliance Securities Ltd. and was also on the Board
of several Reliance ADA Group companies since May 2005. He was instrumental in leading Reliance
Anil Dhirubhai Ambani Group’s foray, amongst others, into Equity & Commodity Broking, Financial
Products Distribution, Commodity Exchanges, Gold Coin Retailing, Money Changing and Money
Transfer. Under his leadership, Reliance Money had aggressively expanded its footprint in India
and across the globe. Sudip was also responsible for the acquisition of AMP Sanmar through which Reliance launched its Life Insurance business.
Afterwards Sudip was the Managing Director and CEO of Destimoney Securities Pvt. Ltd., a full
service financial organization, promoted by New Silk Route – an Asia focused growth capital
private equity firm with over $1.4 billion under management.
With Unicorn’s present fund, he has been on investment committee of Fund-I. In Fund II, he will
be part of the Investment Committee and act as advisor to companies in the area of micro
lending, AgriTech, MSME and other allied areas.