Meet our Board Members & Leadership

Mr. Sudhir Variyar

Mr. Sudhir Variyar has over two decades of proven leadership experience in financial services, primarily in the private equity sector. He is currently the Founding Partner and Managing Director at Multiples Alternate Asset Management. Sudhir joined the firm in 2009 at its inception and has been instrumental in growing the fund to its current standing. At Multiples, Sudhir oversees a number of activities including organisational design, fund raising and talent development. He is also a part of the firm’s investment committee and has successfully led a number of investments for the firm across the financial services, health care & logistics sectors.

Prior to Multiples, Sudhir was a Senior Director at ICICI. As a member of the firm’s Investment Committee, Sudhir played an important role in leading a number of investments across sectors including financial services and energy. In addition to private equity, Sudhir also holds strong experience in investment banking and structured finance.

Sudhir is a board member and advisor to several firms including Vastu Housing Finance Corporation Limited, Vikram Hospitals (Bengaluru) Private Limited and Sanctum Wealth Management Private Limited. He holds a Bachelor’s Degree in Technology from the Indian Institute of Technology, Varanasi (BHU) and a Post Graduate Diploma in Business Administration from the Indian Institute of Management, Calcutta.

Vijay Kumar

Vijay Kumar has over three decades of strong expertise in corporate finance, fund raising and M&A. He also holds strong understanding of information technology and banking, having fulfilled several leadership roles at prominent franchises such as NIIT and ICICI.

Vijay worked with the NIIT Group between 2000 and 2012 where he was responsible for M&A and corporate finance activities of the group. During his stint, he led several large ticket transactions involving the acquisition and divestiture of companies, establishing strategic alliances, and undertaking corporate restructuring.

Prior to the year 2000, he worked for over 15 years with the ICICI Group, fulfilling various roles across the group’s project financing and investment banking divisions. His last position with the group was as Head of Investment Banking at ICICI Securities.

Since 2012, Vijay leverages his deep domain knowledge to advise companies in fund raising, M&A and corporate structuring. He is associated as an Advisor or Director on the board of various companies spanning various sectors including BPO, Media and Private Equity. He also continues to be a consultant with NIIT Technologies. Vijay also serves as an Independent Director on the board of Vastu Housing Finance Corporation Limited. He holds a B.Tech degree from IIT Delhi and an M.B.A from FMS, University of Delhi.

Sandeep Menon

Sandeep Menon is the Founder & Managing Director of Vastu Housing Finance Corporation Limited, parent company of Vastu Finserve. He is a seasoned banker with over two-decades of rich experience across general management, business strategy, risk management and sales at leading global financial institutions including GE Capital, Standard Chartered Bank and Barclays Bank PLC.

During his career, Sandeep is credited to have established a demonstrated track record in setting up and scaling retail lending businesses across consumer lending, SME lending, home financing, unsecured lending and vehicle financing. In his last role, Sandeep was a part of the founding team at Barclays Bank PLC in India as the Director and Head of Retail Assets and Banking Strategy.

In 2014, Sandeep quit his full-time job to embark on an entrepreneurial journey, which culminated in the birth of Vastu Housing Finance. In a short span of four years, Vastu has established itself as a prominent affordable housing finance company under the aegis of Sandeep’s leadership.

Mr. Harmanpreet Singh

Mr. Harmanpreet Singh is a seasoned financial services professional with over 15 years of rich experience in private equity and debt capital markets. He is currently the Director in the Investments team at Multiples Alternate Asset Management Private Limited. Harmanpreet joined Multiples during the firm’s early days in 2010. Over the past decade, he has played an important role in growing the Company’s investment portfolio across various sectors.

Prior to Multiples, Harmanpreet was associated with ICICI Ventures, CRISIL and SBI Capital Markets. He has Completed Post Graduate Program in Management (MBA) from IIM, Kozhikode and B.E (Electronics) from Thapar University, Patiala.

Mr. Sujay Patil

Sujay Patil is the co-founder and the Chief Risk and Analytics Officer at Vastu Housing Finance the holding company of Vastu Finserve. He manages risk strategy in line with the overall organisational goals, taking into consideration the portfolio growth, segmental focus, product mix, acquisition plans, risk cost budgets and other related variables. He leads all risk initiatives of the organisation and works towards efficiently managing the portfolio and asset quality.

Sujay is an experienced Banking & Financial services professional with leading organizations including GE Capital, Standard Chartered Bank, Indiabulls and Barclays Bank. He has successfully executed varied assignments in business strategy, product launches, planning, product management, front end sales, collections, CRM, cross-sell and portfolio management.

Sujay Patil holds an MMS (Marketing) degree from Jamnalal Bajaj Institute of Management studies and BE (EL & TL) from the Mumbai University.

Mahadevan Iyer

Mahadevan (Maha) Iyer is the Chief Financial Officer of Vastu Housing Finance the holding company of Vastu Finserve. Maha manages the finance and accounts functions as well as financial strategies.

Maha is a seasoned financial services leader with strong expertise in risk management, finance, treasury, strategy, business development, underwriting, capital markets, and new product development. He has worked at GE Capital, Deloitte Consulting and Wells Fargo in India, as well as in the UK, covering European and EMEA roles. He has worked in various roles in healthcare finance, aircraft finance, trade finance, consulting, debt capital markets etc. His last role was as founder and Managing Director of Bondbulls.com, a tech-enabled bond information portal and debt capital markets consulting service for NBFCs and corporates.

Maha holds a Masters in Finance from the London Business School and is a certified FRM.

Satish Nair

Satish Nair is the Head of Treasury and Corporate Affairs at Vastu Housing Finance the holding company of Vastu Finserve. Satish manages the treasury function at the Vastu and is responsible to expand the liability base, arrange and execute roadshows, manage and maintain communication with the Investors, Regulators, Banks, Rating agencies, and DFIs and represent the Company with the regulators. He also manages compliance, communications, and brand outreach for the company for Vastu.

Satish is a seasoned corporate affairs and investor relations professional leading complex Integrated Public Policy, Investor, Marketing strategy, and business development. He is a veteran in the credit rating industry having spent over 13 years at Fitch Ratings, India Ratings & Research, and Brickwork Ratings in various roles covering fixed income research, investor outreach, and regulatory relationship.

Satish is a management and accounting graduate from the University of Mumbai.

Rohith Balakrishnan

Rohith is a founding team member at Vastu. He in his previous role spearheaded the IT initiatives at Micro Housing Finance Corporation Limited (MHFC). He co-designed MHFC’s end to end Loan Management process from Loan Origination to Loan Closing and successfully launched a cashless/paperless transaction process that increased efficiency and reduced annual operational costs. Rohith heads Technology and Operations at Vastu.

Rohith holds a Bachelor’s degree in Engineering from the College Of Engineering, Guindy.

Vikki Soni

Vikki is a founding team member at Vastu Housing Finance the holding company of Vastu Finserve and the Chief Financial Officer at Vastu Finserve. He in his previous role spearheaded the Finance team at L&T Housing Finance Limited and was responsible for managing the overall F&A function. He is a seasoned finance professional with strong technical skills and excellent operational experience. He brings with him rich expertise in Finance & Accounts, Taxation, Regulatory and Statutory Compliance, Investor Relations, Internal Audit, Treasury Management and Business Strategy. Vikki heads Finance & Accounts and Compliance functions at Vastu.

Vikki is a Chartered Accountant by Qualification with 8 years of Post Qualification experience.