Gopal Jain

Non-Executive Non-Independent Director

Gopal Jain is on the Board of the Bank since August 22, 2022.

He is a Managing Partner and founder of Gaja Capital based in Mumbai, which is a leading mid-market private equity firm in India. Gopal founded Gaja Capital in 2004 and has been a financial services professional since 1991 with significant experience in global capital markets, venture capital and private equity.

At Gaja Capital, Gopal leads the executive and investment functions and has led/co-led several of firm’s investments in financial services sector such as Avendus Capital, Suryoday Small Finance Bank and Kinara Capital. he is on the board of Avendus Capital, India’s leading investment bank and new age financial services platform.

In many of these investments, Gopal has been instrumental in bringing about the transformation in the business models of these companies including technology interventions, mergers and acquisitions, governance enhancements and value creation for all stakeholders. He also serves on the board of high growth companies in India’s digital tech ecosystem including XpressBees & LeadSquared.

Prior to founding Gaja Capital, Gopal worked from 1999 to 2004 as a country head and partner with the View Group LP, an India-focused venture capital firm with offices in Boston and Mumbai. The View Group was a pioneering venture investor in India. The firm is credited with some of the earliest investments in technology enabled services & B2B ecommerce. View Group also set up India’s first venture incubator.

At Gaja Capital, Gopal also leads Gaja Gives, the philanthropic arm of the firm. Gaja Gives supports several social initiatives including the annual Gaja Business Book Prize.

Over the years Gopal has mentored scores of budding entrepreneurs and corporate executives. Following his broader interest of developing the Indian private equity and venture capital ecosystems, he has been a member of SEBI’s Alternative Investment Policy Advisory Committee since 2018. He is also a member of Indian Venture and Alternate Capital Association’s Executive Committee.

Currently, he is also on the Board of Bakers Circle (India) Pvt Ltd, Shivani Mercantile Private Limited, Gaja Alternative Asset Management Limited, Marketxpander Services Private Limited, Busybees Logistics Solutions Private limited, Educational Initiatives Private Limited and Avendus Capital Private Limited.

Gopal holds a bachelor’s degree in electrical engineering from IIT Delhi.