October 2024

RiSo Capital & Chakra Growth Capital Open House 2024 (India)

Vasudha Madhavan attended Chakra Open House 2024 organized by Chakra Growth Capital and RiSo Capital, in collaboration with nasscom startups as a panelist. The conversations revolved around AI’s Impact on Climate and energy, climate sustainability, industry electrification, and India’s Green Hydrogen mission.

August 2024

ClimateNXT Delhi Edition

Vasudha Madhavan, Founder & CEO of Ostara Advisors, moderated the panel discussion at ClimateNXT Delhi Edition at the India Habitat Centre, New Delhi. This event, co-organized by UN Environment Programme, National Productivity Council (NPC) India, Massive Earth Foundation, and United Nations ESCAP, focused on innovative strategies for mitigating air pollution.

April 2024

Low Carbon Earth Start-up Accelerator Finale

Vasudha Madhavan was a Guest Speaker and Investor at the LowCarbon Earth Start-up Accelerator Finale, Bangkok, Thailand

April 2024

ConEVersations-On-Mobility

Vasudha Madhavan was invited as a Speaker at the ConEVersations-On-Mobility event by Magenta Mobility, Bengaluru, India

Dec 2023

Impact Investors Council (IIC)

May 2023

Future Mobility Asia, Bangkok

Vasudha Madhavan was invited as a Speaker at the Future Mobility Asia Exhibition & Summit, Bangkok, Thailand

March 2023

Uddheshya Mainstreaming Gender: From Ideas to Action by WRI India

Vasudha Madhavan was a Speaker at the Uddheshya Mainstreaming Gender: From Ideas to Action by WRI India, New Delhi, India

Mar 2023

CEEW – National Dialogue on Emerging Trends in E-Mobility

Vasudha Madhavan was invited as a Speaker at the CEEW – National Dialogue on Emerging Trends in E-Mobility, New Delhi, India

Dec 2022

Impact Investor’s Council

Ostara Advisors insights on capital inflows into the Indian EV ecosystem were featured on the Impact Investor’s Council website in December 2022.

Dec 2022

Future Tech Congress 2022

Vasudha Madhavan was invited as a Speaker at the Future Tech Congress 2022, Bengaluru, India

Nov 2022

Micelio Global Clean Mobility Summit

Vasudha Madhavan was invited as a Speaker at the Micelio Global Clean Mobility Summit, Bengaluru, India

Nov 2022

World Economic Forum – Financing India’s Electric Two- and Three- Wheeler Fleets – Launched at COP27

Ostara Advisors insights on Financing India’s Electric Two- and Three- Wheeler Fleets was featured in a report by World Economic Forum and launched at COP27

Sep 2022

NITI Aayog – Launch of e-FAST (Electric Freight Accelerator for Sustainable Transport) India

Vasudha Madhavan was invited at the launch of e-FAST India (Electric Freight Accelerator for Sustainable Transport) by NITI Aayog and WRI India

July 2022

World Resources Institute

Vasudha Madhavan was invited as a Speaker at Decarbonizing India’s Road Freight by World Resources Institute, Bengaluru, India

Feb 2022

CII Karnataka Infrastructure Conclave : Rebooting Infrastructure in Karnataka

Vasudha Madhavan was invited as a Panellist at CII Karnataka Infrastructure Conclave : Rebooting Infrastructure in Karnataka conducted virtually

Oct 2021

TiE Sustainability Summit 2021

Vasudha Madhavan was invited as a Speaker at the TiE Sustainability Summit 2021 conducted virtually

Oct 2021

CII Karnataka Electric Mobility Conclave

Vasudha Madhavan was invited as a Speaker at the CII Karnataka Electric Mobility Conclave 2021 conducted virtually

Sep 2021

India Climate Investment Conclave 2021

Vasudha Madhavan was invited as a Speaker at the India Climate Investment Conclave 2021 conducted virtually

July 2024

Vasudha Madhavan joins a CNBC Awaaz panel to discuss Indian startup ecosystem’s expectations from the Indian Union Budget 2024. This interview was aired on 20th July 2024

July 2024

Vasudha Madhavan was interviewed by The Ken on the increase in VC Funding for battery swapping companies.

May 2024

Vasudha Madhavan was interviewed by CNBC Awaaz journalist, Harshada Sawant on the sidelines of the LowCarbon.earth Accelerator Demo Day, in Bangkok, Thailand. We spoke about the latest trends in Climate-tech investments from VC / PE investors.

April 2024

Ostara Advisors research and insights on the Indian luxury car market featured in the Economic Times

April 2024

Ostara Advisors research and insights on the electrification of motorcycles in India featured in the Economic Times

April 2024

Ostara Advisors research and insights on the Indian EV Leasing Market featured in the Economic Times

October 2023

EVs on the Fast Lane to Deal Street.

May 2022

The Good, Bad and Ugly from the battery-swapping policy draft.

February 2022

Ostara Advisors helps India’s leading Electric three-wheeler startup, Altigreen Propulsion Labs, raise its Series A round of $40m from Indian and Global investors.

February 2022

EV startup Altigreen raises $39.8M in series A round

February 2022

Altigreen raises Rs 300 cr funding led by Sixth Sense Ventures, Reliance New Energy

August 2021

Electric vehicle carbon credits spark interest in global VCM

August 2021

India's oil, coal addiction hurdle for speeding up emission goals

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Mukund Ranganathan

Partner

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Mukund Ranganathan

Partner

Mukund is a seasoned investment banker with 27 years of experience in advising companies on M&A and capital raising transactions. He has served most recently as Joint Managing Director at Motilal Oswal Investment Banking, where he worked from June 2014 to January 2021. During his career, he has facilitated over 70 strategic financial transactions including Motherson Sumi’s acquisition of PKC Group (Finland), sale of Aurangabad Electricals to Mahindra CIE, Siemens’ sale of Bangalore Airport, sale of Spicejet, Aegis’ acquisition of PeopleSupport (USA), sale of Air Deccan among others. Mukund has extensive experience in raising private equity funding as well as in the capital markets including IPOs, follow-on offerings, GDRs and ADRs for L&T Finance, Indostar, Dixon Technologies, Bharat Financial Inclusion, Tata Consultancy Services (TCS), Wipro, GAIL, etc.

Mukund has earlier worked for 9 years at Edelweiss Financial Services and started his career in 1996 with a 9-year stint at Morgan Stanley. Mr. Ranganathan holds a B.Tech degree in Electrical Engineering from Indian Institute of Technology Madras (1994) and a PGDM from Indian Institute of Management, Ahmedabad (1996).

Vasudha Madhavan

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Vasudha Madhavan

Founder & CEO

Vasudha is the founder of Ostara Advisors (formerly Dhruva Advisors) and is one of the first investment bankers in India to specialise in Electric Mobility, having advised clients in this space since 2017. She made her all-India M&A League Table debut in the top 20 in October 2018.

In 2023, Vasudha was felicitated by India Energy Storage Alliance (IESA) as one of the “Women leaders driving energy sector in India” 

Vasudha has over 21 years of experience in Corporate & Investment Banking; with leading organizations like Citibank and ICICI Bank, as well as in boutique investment banking, based in Mumbai and Bangalore. Vasudha is responsible for having set up and expanded the ‘Private Equity & Hedge Fund’ coverage vertical for Citibank, India. She has also been part of Citibank’s Risk Management team for mid-size corporates, managing the bank’s lending decisions to a portfolio of companies in ITES, auto components, facilities management services, logistics, diversified manufacturing etc.

Vasudha is also a mentor at Aspire for Her, a unique organisation that enables women to join and stay in the workforce, through campus engagement, mentorships and skilling workshops. Their vision is to impact 1 million+ women and add $5B to India’s GDP through increased participation of women in the workforce by 2025.

Vasudha earned her MBA in Finance from XLRI, Jamshedpur, India and her Bachelor’s degree in Commerce from Mount Carmel College, Bangalore, India. She is also a certified Advanced Scuba Diver and enjoys photography, having held several solo and group exhibitions of her work.

R. 'Shanx' Ravisankar

Industry Expert – Financial Technology and Cloud Solutions

Shanx is a founding member and former CEO of Oracle Financial Services Software, (formerly known as i-flex Solutions, the company was acquired by Oracle in 2006). Shanx retired in 2011 as the Chief Operating Officer, Oracle Financial Services Global Business Unit (FSGBU). As a technology leader, he has also been profiled in leading trade and industry publications. In 2008, Shanx was selected as one of the 50 Outstanding Asian American business leaders. This accolade celebrates Asian business leaders and recognizes their pivotal roles in Corporate America. Shanx is an engineering graduate from the Indian Institute of Technology, Chennai, and has an MBA in Management from the Indian Institute of Management, Ahmedabad, India.
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