A monthly publication focused on the Indian electric-mobility space aimed at fostering a conversation between investors and startups
In the dynamic landscape of India’s two-wheeler market, where the electric scooter revolution has been stealing the spotlight, the presence of motorcycles, which constitute over
Imagine hopping on a bus that doesn’t rumble with a noisy engine, doesn’t emit clouds of exhaust, and doesn’t rely on fossil fuels. Instead, it
Hey Everyone!! We are back with our monthly edition to dive into India’s recent Battery Waste Management Rules as well as feature select global actors
The Ostara Newsletter turns 2! Yes, this month marks the 25th monthly edition of “All about EVs”, a newsletter we launched in May 2021 to foster a conversation
We’ve all come across IoT (Internet of Things) in some form or the other in our daily lives like wearables that track our activity and
Hello there! We’re back with another juicy edition of the Ostara newsletter! First up, a couple of quick Ostara updates… Ostara Updates! Now, for our
From the Founder’s Desk: We have had an exciting start to the year! Lots of new launches in the Indian Electric Mobility landscape and a
As we launch full steam ahead into the new year, we look back at the year that was. 2022 bore witness to many milestones for
2022 has been an exciting year for Ostara Advisors. The mission that we started out with in 2018 – to create India’s first specialised investment bank
Last month, we discussed some key terms in EV financing, along with different frameworks and policies of the same. Continuing in the same vein, we
Increased consumer interest in electric vehicles and strong policy support point to a positive growth trajectory for the Indian EV ecosystem. Financing of EVs has
We started covering Freight Electrification in our newsletter last month, as we believe this to be one of the most compelling use-cases for the clean mobility transition. We
Bangalore, India
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 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.
Vasudha has over 20 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.
Industry Expert – Financial Technology and Cloud Solutions
