Board of Directors

Prakash Sankaran

Prakash Sankaran is the MD & CEO for Invoicemart. Prior to joining Invoicemart, he was the CEO for Axis Bank, Singapore where he has handled International Trade, Treasury and Corporate Banking for growth out of ASEAN and Oceania markets. He has over 24+ years of extensive experience in the financial services industry and has exposure to Fintech, Retail Banking, Commercial Banking, Treasury and International Banking.

Munish Sharda

Munish brings with him rich leadership experience with a successful track record of deep financial and operational turnarounds leveraging digital and tech stack and enhancing people capabilities to transform the business across the banking and insurance industry. He started his financial services career with Citibank NA where he worked across geographies and businesses across diverse customer spectrum (mortgages, unsecured lending, community banking, and developer finance) with Citi. He joined Axis Bank from Future Generali Life Insurance, where, for close to 8 years as MD & CEO, he led the transformation to take the business to scale with improved profitability and quality of business, and built strong partnerships with banks and retail ecosystems. He has also worked in the consumer goods industry and was part of the team at L&T which set up their agricultural tractor manufacturing business. Munish holds an MBA from the Indian Institute of Management, Lucknow, and a Bachelor of Engineering from Punjab Engineering College. Munish is a polyglot, with high proficiency in Italian & Punjabi and is passionate about reading and golf. Munish is married to Rima Sharda who works as Head of Schools with a school chain and has a daughter who is pursuing undergrad at Stern School of Business at New York University.

Vinaya Varma

Vinaya Varma is the CEO of mjunction services limited, and a core member of the Invoicemart founding team since its inception.

Prior to his appointment as CEO, Mr Varma was with Tata Steel, where he handled several functions such as production, planning, etc. He is a Certified Professional in Supply Management (CPSM) from the Institute for Supply Management (ISM), USA. He is a practitioner of Theory of Constraints (ToC), and has attended several sessions of ToC at Goldratt House, Tel Aviv.

Mr Varma was elected to the Confederation of Indian Industry’s West Bengal State Council and to NASSCOM's Internet, Mobile & e-Commerce Council. He was conferred the Special Recognition Award in the services category by the Bengal Chamber of Commerce & Industry in 2016.

Mr Varma is a B Tech from IIT Kanpur, where he also did his advanced management programme.

Aninda Chatterjee

Mr. Aninda Chatterjee is Vice President, Finance & Chief Financial Officer (CFO) at mjunction services, where he is responsible for the Finance & Accounts, Secretarial and Legal portfolios. He is a Chartered Accountant from Institute of Chartered Accountants of India, a Cost Accountant from Institute of Cost and Works Accountants of India and an alumni of XLRI Jamshedpur. He has over 30 years of experience in the finance, supply chain, manufacturing, operations management, project management and general management, cutting across various industries.

Before joining mjunction, he was Managing Director of the West Bengal Electronics Industry Development Corporation Limited (Webel). In the past, he has been associated with organizations such as Bengal Aerotropolis Projects Pvt. Ltd., Nokia Siemens Network Pvt. Ltd., Siemens Public Communications Networks Pvt. Ltd., TCG Software Services Pvt. Ltd. and Tata Steel.

Rakesh Makhija

As part of the SKF Group, he held a number of top management positions including President for the Industrial Market (strategic industries), member of the Sweden-based Group Executive Committee and President SKF Asia. He was the Managing Director of SKF India from 2002 till 2009.

During his career spanning over four decades, Mr Makhija has been an active participant and contributor to the industrial and technology sectors, both internationally and in India.

Prior to joining SKF, Mr Makhija was the CEO and MD of Tata Honeywell Ltd. He also sits on the board of Axis Bank, Tata Technologies Ltd and Tata Marcopolo Motors Ltd.

Mr Makhija is a chemical engineer from IIT Delhi.

Dipak Kumar Banerjee

A qualified Chartered Accountant, Dipak Kumar Banerjee serves as an independent director on the boards of A.TReDS Ltd.

He started his career with Life Insurance Corporation in 1970 and thereafter, joined Hindustan Lever in 1975.

Mr Banerjee also served as a Commercial Officer for the Africa and Middle East Group of Unilever, London, from 1993 to 1997.

Arjun Chowdhry

Arjun has 29 years of very diverse experience across consumer banking businesses, with Citibank India. His experience spans across operations,sales, strategic functions and running large & diversified businesses. Over his tenure, he was instrumental in building the cards, wealth and salary franchises at Citibank India. He also set up Citi’s first US facing offshore consumer operations, growing it rapidly from its inception and leading it for over 5 years, during his long stint in the operations function. Arjun is an alumnus of St Stephens College, Delhi, and the Indian Institute of Management (IIM), Bangalore.

Sumit Bali

Sumit Bali is the Group Executive and Head – Retail Lending Axis Bank. Sumit is a veteran in the banking industry with almost 3 decadesof rich experience in Retail Banking. He was associated with Kotak Mahindra Bank for last 24 years, wherein he worked in multiple roles across Retail Lending. In his last role with Kotak Mahindra Bank, Sumit was overseeing the entire Retail Assets business including Home Loans, Loan against property (LAP), Personal Loans, SME Loans & Credit Cards. Sumit was also the Chief Executive Officer of Kotak Mahindra Prime Ltd. As part of Kotak Bank's Leadership Team he was involved in integration of ING Vysya Bank post the merger. Sumit holds a graduate degree in BA (Hon) Maths from St. Stephen’s College, Delhi & has completed his PGDM from IIM Ahmedabad.