New Street raises USD 2 Million led by Unitus Ventures

Sajeev is the Founder of New Street Tech. He brings to New Street his vast experience in banking, microfinance, payments and technology.  He has run multi-billion-dollar businesses, built and managed high performance organisations across the globe and has a passion for leveraging disruptive technologies in enhancing conventional business models.

Sajeev served at Citigroup for over 18 years, and in his last assignment there, was Managing Director, Global Receivables and Trade Finance.  Most recently he was Executive Director & President, Earthport PLC an LSE (AIM) listed payments company headquartered in London. Previously, Sajeev held the position of MD & CEO of Bhartiya Samruddhi Financial Services (a part of the BASIX Group), a well-known microfinance company in India. Sajeev is a Non-Exec Chairman of Shecommerz Market Services Private Limited. Sajeev has also served as Advisor to banks, technology and retail distribution companies.

Management professional with 11 years of rich experience in handling large scale IT/ Non-IT projects, process, product improvement, hardware support and escalation management with Executive leadership towards technology & organizational growth. Excels at leading cross-functional teams and coordinating multiple projects.
Natural helper who loves working through people’s problems to find the best solution. Is a quick learner who is self-motivated and able to work well independently as well as in a team. Leads by example to ensure the execution of all process, policy, tools adherence and overall knowledge improvement among the outsourced partners.

Vellayan Subbiah, Managing Director holds a Bachelor of Technology in Civil Engineering from IIT Madras and a Masters in Business Administration from University of Michigan. He has over 23 years of experience in varied fields viz., technology, projects and financial services. He has worked with McKinsey and Company, 24/7 Customer Inc. and Sundram Fasteners Ltd. He was a recipient of the Extraordinary Entrepreneur of the Year – TiECON 2014 Award. He was the Managing Director of Laserwords Private Ltd from 2007-10 and of Cholamandalam Investment and Finance Company Limited from 2010-17.

Srikrishna Ramamoorthy is Partner at Unitus Ventures. Srikrishna is an experienced entrepreneur and early-stage venture capital and private equity capital investor in India. He heads the India operations for Unitus Ventures, having joined the fund as Partner to setup the India office in 2012. Srikrishna received his Bachelor of Engineering in Computer Science from R. V. College of Engineering, Bengaluru University.

Ravi Jagannathan is a serial entrepreneur, with over 30 years of experience in building deep-tech ventures. He created successful ventures including eMudhra (a Certifying Authority) & Taxsmile (an Online tax filing portal). From Digital Signature to wallet to blockchain, his new venture KrypC Technologies (a global blockchain tech/research company) emphasizes the objective of innovation through technology. Ravi is a member of Blockchain Expert team that advices UN/CEFACT in matters relating to Blockchain use in Trade Facilitation Processes that includes Energy Trade. Ravi is also actively engaged in start-up space both as angel investor & mentor. A Fellow Member of the Institute of Chartered Accountants of India, he has provided management & JV consulting services to global clients.

Mr. M. V. Nair is the Non-Executive Chairman of the TransUnion CIBIL (India’s largest Credit Bureau) & that of KFINTECH Pvt. Ltd, leading Registrar & Transfer Agent. He is an advisor to select private equity & venture backed companies. He is also part of the High-Level Committee on Corporate Insolvency & Liquidation set by the Insolvency & Bankruptcy Board of India. Mr. Nair had served as the Chairman & Managing Director of Union Bank of India & Dena Bank for over 7 years. He was the Chairman of the Indian Banks Association (IBA) & the Chairman of the Committee set up by the Reserve Bank of India to assess the Priority Sector Lending norms in the Country. He has served on several committees in the Confederation of Indian Industries (CII) & the Federation of Indian Chambers of Commerce & Industry (FICCI).

Naveen is a management postgraduate with a dual degree from Amrita University, India & Buffalo University, New York, USA, with a master’s in service management. His industry experience spans managing Corporate Relationships in the Remittances and Forex sector across the UAE and India. Naveen managed new business acquisitions and channel management in reputed global organisations such as UAE Exchange & Wall Street Exchange. His last held position was with Wall Street Exchange as Area Head, Abu Dhabi for handling Corporate & Retail sales of the region.

Kishore has substantial experience in the field of Payments and Microfinance, across India and the Middle East. His last assignment was with Earthport PLC, an LSE (AIM) listed payments company headquartered in London where he was part of the Global Strategy Team. Prior to that he worked with Davinta Technologies, a technology start-up in the Micro Finance space as an Operations Manager where he was a member of the team that launched the company’s Digital Financial Inclusion business across India. Kishore is a management postgraduate with a dual degree from Amrita University, India & Buffalo University, New York, USA, with a Masters in Operations Management.

Andy is the Chief Commercial Officer of New Street Tech. He is a seasoned global sales leader, who has been growing technology business across geographies for over 15 years. He brings to New Street his vast experience in building high performance global sales teams. He has incubated new business verticals across geographies and orchestrated multi-million-dollar deals from initiation to closure.

He has helmed technology business sales SBUs across North America, Europe, Middle East, APAC and India for Fortune 500 organizations as well as tech start-ups, across diverse products and services, including ERP, Cloud, Data Analytics, Machine Learning, Business Intelligence and complex data solutions.

Andy is passionate about bringing disruptive technologies across business verticals and deliver a value proposition which brings significant benefit to stakeholders.

Anand Naik is a career banker with over 26 years in domestic & international financial institutions across retail, wholesale, commercial & priority sector banking. Anand’s expertise extends to working with regulators & is adept at deploying new age technology platforms into traditional financial services areas. Anand has represented various organisations in international forums such as the World Bank forum for Housing Finance, WSJ Financial Inclusion Challenge and the Niti Ayog’s Housing Finance Innovation Forum. His previous held positions were:

• CEO – Manappuram Finance Ltd – SME
• CEO – Swarna Pragati Housing Microfinance Pvt. Ltd.
• General Manager – Head West – BASIX
• Group Head of Asset Products – Ahli Bank (Bahrain/ Kuwait/ Qatar / Oman / Egypt)
• Head of Retail Asset Management Group – Axis Bank

Mohit is Co-founder and Non-executive Director of New Street Tech. He is an experienced payment executive, who has been working in the global remittance industry for over 20 years. He has extensive hands on experience of setting up and leading global teams and operations and managing relationships with banks/financial institutions and regulators at the senior most level. He served as the CEO of MoneyGram International, Travelex Money Transfer and Coinstar Money Transfer. Mohit is the Chairman of the International Association of Money Transfer Networks. He also serves as a Non-executive Director on the Board of, and as an Advisor to several payment companies globally.