Board Members

The Governing Board is our North Star that ensures that the team remains committed to making low cost microcredit a reality and that we achieve this in a scalable, sustainable and cost effective manner.

Shobha Punukollu

Shobha Punukollu

Shobha is an ex software engineer and ex banker turned into a stay-at-home mother, with a keen interest in the not-for-profit sector. An alumnus of NIT Karnataka and IIM Calcutta, Shobha is currently working on a voluntary basis for a Singapore-based humanitarian organization. She is also involved with a few NGOs and Social Enterprises in India in an advisory role. Shobha is co-founder of BridgeAble Pte. Ltd- a strategic consulting and research company focused on creating and enhancing social impact.

Seed funder for new ideas in the social impact space and technology, Shobha is also a keen runner, hiker, movie buff and traveller.

My Association with Rang De: I have been associated with Rang De since 2012. I met Smita and Ram when they came to Singapore for a Roadshow and was totally humbled by their passion, zeal and determination. I have been a social investor and also am an investor in Rang De.

How will Rang De bring about change: The model adopted by Rang De is summed up by the saying - 'Drop by drop fills the ocean'. The Ocean clearly is very big but if organizations and individuals concentrate on the drops the Ocean, like Rang De, will eventually get filled up.
Manoj Kumar

Manoj Kumar

Manoj has over two and a half decades of experience in financial services and application software industries and has played global leadership roles in the areas of Strategy, Corporate Development, M&A, Product Management, Business Development and R&D Operations.

In his last role at Misys plc, Manoj was a member of the Senior Leadership Team that led the historic turnaround of the company. Prior to his decade long stint with Misys, Manoj was with ICICI Bank since its start-up stage.

Manoj decided to change course in June 2013 and now works independently as a board advisor, strategy consultant and investor. He is also trying to pursue his interests as a social business evangelist and hopes to participate in the evolution of an ecosystem that will promote social entrepreneurship in India.

An alumnus of Harvard Business School Manoj lives in Bangalore with his wife and two daughters.

My Association with Rang De: I have been associated with Rang De as a social investor since 2010. I am extremely impressed with the passion and intellect that has gone into the execution of this amazing idea and have very high regards for the Rang De team. I am now an investor in Rang De and looking forward to making a more meaningful contribution through my board level engagement.

How will Rang De bring about change: Rang De has demonstrated that it is possible to fight poverty by providing access to affordable finance to the underserved communities. It has developed a very powerful social business model that allows you to invest in grassroots level entrepreneurship development in a transparent and credible manner. Social business innovations like Rang De are scalable and can be replicated or re-engineered to support multiple use cases/scenarios. Rang De will continue to be on the forefront of social business innovation with an ultimate aim of making poverty history in India.
Smita Satish

Smita Satish

Smita holds a Master’s Degree in Social Work from Roshni Nilaya and has more than a decade’s experience in the sector of development. Her work spans different organisations both in India and the United Kingdom where she worked with Oxfam and the Oxfordshire City Council. Prior to co-founding Rang De with her husband in 2008, she worked with the Foundation for Action, Motivation and Empowerment (FAME India).

She presently invests her time in fundraising, enriching donor engagement and overseeing day-to-day operations at Rang De. She has been featured in Femina, Youth Ki Aawaaz and other national media for her entrepreneurial efforts over many years. Her keen focus on ensuring social development in addition to financial empowerment forms the core of Rang De's mission.
Harish Hande

Harish Hande

Dr Hande is the co-founder of SELCO-India, a pioneering social enterprise that seeks to provide sustainable energy solutions and services to under-served households and businesses. He was elected to the Ashoka Fellowship in 2008 and was awarded the Ramon Magsaysay Award in 2011 for "his passionate and pragmatic efforts to put solar power technology in the hands of the poor, through a social enterprise that brings customized, affordable, and sustainable electricity to India's vast rural populace, encouraging the poor to become asset creators." He has a doctorate in energy engineering from the University of Massachusetts and an undergraduate degree from Indian Institute of Technology, Kharagpur. Dr. Hande also serves on the boards of many organizations, both national and international.
Chaitanya Nadkarny

Chaitanya Nadkarny

Chaitanya's association with Rang De began as a social investor, then as a chapter member. His engagement and love for Rang De has grown deeper over the years to an extent that he decided to join Rang De as its President. Chaitanya comes with over 2 decades of rich experience in working with IT companies, his last company being ThoughtWorks. At ThoughtWorks, Chaitanya led and managed various teams. His role varied from that of a Project Manager to heading key verticals, to General Manager of the Pune office, to Leadership and Organizational development and Coaching-Consulting. His most recent role has been as part of the Office of the Social and Economic Justice that is making ThoughtWorks an inclusive work place where business is also driven by a strong sense of social responsibility, fairness and ethical values. He found Rang De to be a natural extension of his beliefs in creating an equitable and just society and is coaching the team to becoming mission and impact oriented. He also heads Rang De's Partner Advisory Services to deepen Rang De's impact on the communities.
Alok Misra

Alok Misra

Professor Alok Misra is currently teaching Public Policy & Governance at Management Development Institute in Gurgaon. He has nearly 25 years worth of experience in the inclusive finance sector that included a 16-year stint at National Bank for Agriculture and Rural Development (NABARD).

Thoughts on Rang De: The landscape of financial sector in India has changed dramatically in last three years and the focus of the changes is to achieve universal inclusion. Policy has evolved from being bank-centric to harnessing strengths of each channel and the advances in the ecosystem in the form of JAM trinity has opened up avenues for more players to bridge the inclusion gap. P2P lending based on social capital has great potential in times to come and has distinct advantages over typical micro lenders backed by commercial capital. P2P platforms harnessing technology can lend to poor clients at lower rates as well as offer customised products suited to their needs as against one size fits all approach. This client-centricity of P2P backed by recent regulatory acceptance of this model opens up new opportunities in the BOP market.

Trustees

Smita Satish

Smita Satish

Smita is the Co-Founder of Rang De and a seasoned social worker who received her postgraduate degree in the field from the School of Social Work, Roshni Nilaya in Mangalore. After working with non-governmental organisations in India and the United Kingdom, a stint at the Oxfordshire County Council's community learning initiative that sought to help adults through the use of e-learning tools convinced her of the power of technology in bringing about social change and the inclusion of marginalised communities. Returning to India, she set up Rang De with her husband and has been working for over a decade supporting operations on the ground level and enhancing the link between givers and beneficiaries with a vision to create an empathetic community involved in development in various ways across geographies.
Keyur Majmudar

Keyur Majmudar

Keyur is a Director at Bay Capital Investment Managers, an investment firm focused on private equity in Mumbai. A strong believer in "scalable ecosystems to bring about widespread change", Keyur has been a social investor with Rang De since 2014 and supports weaving cooperatives. A graduate from Boston University, Keyur has 18 years experience in the financial services sector with stints at Kotak Mahindra and Lazard Creditcapital.
Ganesh Neelam

Ganesh Neelam

Ganesh Neelam is a Deputy Development Manager with Tata Trusts where he works towards creating disruptive technological solutions that cater to community development. With a master's degree in geoscience from the University of Pune and having worked on watershed development programmes as well as the Central India Initiative, focusing on enhancing livelihoods of tribal communities in central India, Ganesh brings with him 15 years of experience in the field of rural development. At Tata Trusts, Ganesh is keenly involved in analyzing the areas of technology and innovations in the ecosystem to create sustainable solutions that meet the needs of rural communities. Apart from his role at the Trusts, he is a Director at the Foundation for Innovation and Social Entrepreneurship (FISE).