Board of Directors

Vijay Angadi:  is Managing Director of Novastar Funds. He has twenty years of experience in investing in India. The Novastar Funds invest in small and mid cap publicly listed companies that have the potential to emerge as leaders over a three year period. He is a pioneer of the venture capital industry in India and was part of the founding team of the first venture fund in India, ICICI Ventures.  He worked for 8 years with ICICI Ventures and served as the Group Head of investments and member of the Investment Committee and oversaw the investment and substantial divestment of the first two funds. Vijay served on the Boards of a numerous private and public companies including Praj, Vimta Labs and Bangalore Genie.

Vijay is a Director of venture firm, ICF Ventures and has built a portfolio of highly differentiated seed stage companies.  He serves on the Boards of a number of private companies.

Vijay has served on the Board of the Indian Venture Capital Association and lectures widely on small cap investment, leadership, company building and ethics in business.  He serves on the Governing Board of Strategic Management Forum of India. He is also involved in numerous community projects including providing scholarships to underprivileged meritorious students.

Vijay is an engineer from National Institute of Technology (Surathkal, India) and an MBA from the Indian Institute of Management, Lucknow.

Robin Farkas:  Robin is a prominent private investor. He is an MBA from Harvard Business School and is Chairman, ICF Ventures. He previously served as Chairman and CEO of Alexanders Inc. a NYSE listed company. He and his family manage real estate and private equity funds. He has served on the Boards of a number of private and public companies and private charities and has served as chairman of the multibillion dollar New York State Dormitory Authority. 

ICF is a US venture fund and has been investing in India since late 1999. It has invested in number of high quality companies at the startup/early stages including in Sasken Communications, Matexnet, Oyzterbay and Gangagen.  The company has large ownership positions in most of its investments.

Charu Sarathy:  Charu holds a post graduate degree in engineering and is Director of Street Edge Investments, US.  The StreetEdge funds manage a wide range of asset classes including venture capital: both direct and through other venture funds, public equities and real estate. StreetEdge has investments in bluechip private equity funds including Summit Partners and Warburg Pincus. Prior to StreetEdge, Charu cofounded Mecon Inc, which was subsequently acquired by General Electric. 


Board of Advisors

Vasu Devan: is a graduate of the Indian Institute of Technology, Madras, India and has a post-graduate degree from Wayne State University. Vasu founded Mecon Inc., a US based health care information systems company in 1985. He subsequently took the company public, ran it as a NASDAQ listed company until 2000 when it was acquired by General Electric. Vasu co-founded StreetEdge Investments, a diversified and closely held investment management firm with a portfolio of investments including private and public company investments and real estate. Vasu serves on the Board of several late-stage private companies. Prior to founding Mecon, Vasu was a consultant with Booz Allen, an internationally known management consulting firm.

George A. Kellner: George Kellner is the founder and Chief Executive Officer of Kellner DiLeo & Co., LLC. Mr. Kellner has been in the arbitrage business for 25 years and founded KDC Merger Arbitrage Fund, LP in 1981. Prior to Kellner, DiLeo & Co., Mr. Kellner was a Senior Vice President and founded the arbitrage department of Donaldson, Lufkin & Jenrette. Before commencing his arbitrage career, Mr. Kellner was a Vice President and House Counsel of the Madison Fund where he had broad responsibilities as a financial analyst and portfolio manager. Mr. Kellner began his professional career as a securities lawyer at the Wall Street law firm of Carter, Ledyard and Milburn and holds a B.A. (Trinity College), a J.D. (Columbia Law School) and an M.B.A. (New York University's Leonard Stern Graduate School of Business). He is a Chartered Financial Analyst and a former Adjunct Assistant Professor of Finance at the New York University.