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T. V. Mohandas Pai
Born
Bengaluru
NationalityIndian
EducationFellow Chartered Accountant
Law Graduate from Bangalore University.
OccupationChartered Accountant
Known forFormer board member and CFO of Infosys, Chairperson of Manipal Global Education
TitleRecipient of the Padma Shri

T. V. Mohandas Pai is an Indian businessman and Philanthropist. He is current Chairperson of Manipal Global Education. He was a former board member at Infosys,[1] and Head – Administration, Education, and Research, Financial, and Human Resources at the Infosys Leadership Institute.

Education

Mohandas did his schooling at St. Joseph's Indian High School, Bangalore.[2] He holds a bachelor's degree in commerce from St. Joseph's College of Commerce, Bangalore[3] and a bachelor's degree in law (LLB) from Bangalore University.[4] He is also a fellow member of Institute of Chartered Accountants of India (ICAI). In 2011, Mohan, an alumnus of Bangalore University, received an offer to co-chair the proposed Bangalore University School of Economics.[5]

Career

Mohandas Pai joined Infosys in 1994[6] and served as a member of the Board from May 2000 till July 2011.[7] He was the company's CFO from 1994 till 2006. In 2006, he voluntarily resigned from the office of the CFO to lead efforts in the areas of human resources and education and research.

The Infosys Annual Report, under his supervision, has won the top awards consistently from the Institute of Chartered Accountants and from the South Asian Federation of Accountants.

In 2000, he, along with others, founded the Akshaya Patra Foundation, Bangalore, to start a midday meal program for school children.

He was voted the 'CFO of the Year' in 2001 by IMA India. He won the 'Best CFO in India' award from FinanceAsia in the year 2002,[8] and 'Best chief financial officer in India' in the best managed companies poll conducted by Asiamoney in 2004.

He still holds 728,000 shares of Infosys which were given to him as part of an employee stock ownership plan.[9]

Regulators

Mohandas has been active in working with regulators to improve the business ecosystem. He was also a Member of the Kelkar Committee, constituted by the Ministry of Finance, Government of India, for reforming direct taxes, the Non-Resident Taxation Committee, the high powered committee on E-commerce and Taxation. He served as a Member of the Board of Securities and Exchange Board of India (SEBI) from 12 September to 16 July. He was a Member of the Empowered Committee for setting up the Tax Information Network of the Government of India. He also works with the union government and state governments in the fields of education, IT and business. He has been working with decision makers to improve the quality of education and availability of skilled manpower. He has been recently appointed as the head of the panel formed by Securities and Exchange Board of India (SEBI) to study the impact of fin-tech on securities market.[10]

Memberships

Mohandas is a member of the board of CSIR-Tech Pvt. Ltd. He presently also sits on the board of the National Stock Exchange of India, India's youngest and second largest securities trading exchange after the BSE and one of the world's largest stock exchanges by market capitalisation.[11] and Havells India Ltd., one of the largest Indian consumer electrical company.[12]

Additional activities

He is an ardent supporter of the Akshaya Patra Foundation and is one of the members of the board of trustees of Akshaya Patra.[13]

He is an active investor and important part of Indian startup community. He has over fifty investments including Zoomcar, Faircent, Tripfactory, Online Tayari, YourStory, Licious, Justdoc, Mad Street Den.[14][15][16]

He is also one of the producers of an animated Sanskrit movie, Punyakoti.[17]

He is a Partner at Aarin Capital,[18] General Partner at Exfinity Venture Partners,[19] General Partner and Advisor at Ideaspring Capital,[20] Partner at StartupXSeed,[21] and an Investor in 3one4Capital.[22]

He is also the co-founder and vice president of Bangalore Political Action Committee or B.PAC.[23]

References

  1. ^ "About Us". Infosys. Infosys Limited. Retrieved 1 June 2012.
  2. ^ Thomas, Liffy (11 February 2018). "'I spoke my mind at college too'". The Hindu.
  3. ^ Thomas, Liffy (11 February 2018). "'I spoke my mind at college too'". The Hindu.
  4. ^ Thomas, Liffy (11 February 2018). "'I spoke my mind at college too'". The Hindu.
  5. ^ "Mohandas Pai gets an offer from Bangalore University". One India News. Greynium Information Technologies Pvt. Ltd. 22 April 2011. Retrieved 1 June 2012.
  6. ^ Lison Joseph (16 April 2011). "For TV Mohandas Pai, it's back to being an activist". DNA (Daily News and Analysis). Diligent Media Corporation Ltd. Retrieved 1 June 2012.
  7. ^ Mini Joseph Tejaswi (16 April 2011). "'Piqued' CEO aspirant Mohandas Pai quits Infy". The Times of India. Bennett, Coleman & Co. Ltd. Retrieved 1 June 2012.
  8. ^ "Mohandas Pai". Infosys. Infosys Limited. Retrieved 1 June 2012.
  9. ^ Infosys' Mohandas Pai sells Rs 16-cr worth shares.
  10. ^ "Sebi forms panel to study fintech impact on securities market". 2 August 2017.
  11. ^ "NSE revamps board; appoints Mohandas Pai, 2 others as directors". 24 July 2016.
  12. ^ http://www.havells.com/content/havells/en/about-havells/board-of-directors.html
  13. ^ "Governance of the Akshaya Patra Foundation".
  14. ^ Reporter, B. S. (31 July 2015). "TripFactory raises $10 mn in Series A from Aarin Capital". Business Standard India. Retrieved 19 February 2018.
  15. ^ Mohandas Pai - The opportunistic investor
  16. ^ Mohandas Pai invests in JustDoc
  17. ^ Punyakoti Funder's Wall
  18. ^ aarincap. "ABOUT". Aarin. Retrieved 15 August 2019.
  19. ^ "Exfinity | Venture Partners". exfinityventures.com. Retrieved 15 August 2019.
  20. ^ "Ideaspring Capital- Early Stage Venture Fund | Technology Product Innovation Startups". www.ideaspringcapital.com. Retrieved 15 August 2019.
  21. ^ "StartupXseed". www.startupxseed.in. Retrieved 15 August 2019.
  22. ^ Sriram, M. (6 February 2019). "Mohandas Pai-backed 3one4 Capital to raise ₹350 crore for new fund". Mint. Retrieved 15 August 2019.
  23. ^ "Bangalore Political Action Committee: How it is building citizen participation in politics, policy". The South First. 24 March 2023.
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