Mela Ventures appoints R Kalyan Sundar as the Head of Finance & Legal

Mela Ventures has appointed R Kalyan Sundar as the Head of Finance and Legal. Sundar brings extensive experience in mergers and acquisitions (M&A), financial due diligence, and deal negotiation to his new role.

Prior to joining Mela Ventures, he served as Assistant Vice President of Finance at Stakeboat Capital LLP, where he led financial evaluations across various sectors, including SaaS, Automation Solutions, Healthcare, IT/ITeS, and E-Publishing.

His earlier tenure at Ernst and Young LLP saw him leading over 40 financial due diligence engagements, advising on strategic transactions and fundraising initiatives for global and domestic clients.

Sundar is a Chartered Accountant (CA) and holds a diploma in International Financial Reporting Standards (IFRS).

Sundar to head financial, investment strategies

At Mela Ventures, Sundar will head the financial and investment strategies, playing a pivotal role in nurturing and scaling innovative startups across diverse sectors. H

His expertise is expected to optimize financial strategies that support emerging founders and their ventures.

Sundar expressed his enthusiasm for the role, stating, “I am thrilled to join Mela Ventures and contribute to its mission of fostering growth and innovation in the startup ecosystem. I look forward to leveraging my experience to optimize financial strategies and support the success of emerging founders and their startups.”

Leadership comments

The leadership at Mela Ventures has warmly welcomed Sundar’s appointment. Parthasarathy NS, Managing Partner at Mela Ventures, said, “We are delighted to welcome Kalyan Sundar to our leadership team. His experience in financial due diligence, management, and strategy will be invaluable as we continue to identify and support high-potential startups while upholding sound governance and best practices.” This appointment underscores Mela Ventures’ commitment to maintaining robust governance and fostering growth within the startup ecosystem.

Developing diverse portfolio in AI, ML, AR, VR, IoT

Mela Ventures Trust is a SEBI-approved AIF Category-2 fund for early-stage companies, focusing on building next-gen entrepreneurs.

The fund aims to develop a diverse portfolio in areas such as Artificial Intelligence (AI), Machine Learning (ML), Augmented Reality (AR), Virtual Reality (VR), Internet of Things (IoT), Cloud Migration, and Deep Technologies.

Mela Ventures was founded by industry veterans Krishnakumar Natarajan and Parthasarathy NS, who previously co-founded Mindtree and scaled it to a multi-billion-dollar enterprise.