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Ambit appoints Skanda Jayaraman as co-head of investment banking business
Leadership rejig sharpens ECM focus and expands sector-led advisory push
MUMBAI: Ambit Private Limited has strengthened its investment banking leadership with the appointment of Skanda Jayaraman as co-head of the division, signalling a sharper push into sector-led advisory and capital markets.
Jayaraman will share leadership responsibilities with Rahul Mody, as the firm looks to scale its advisory franchise and deepen client engagement across industries. The move is part of a broader leadership rejig aimed at expanding Ambit’s reach and execution capabilities in a competitive dealmaking environment.
With more than two decades of experience across fintech, investment banking and credit risk, Jayaraman brings a varied background to the role. He most recently founded Altflow Advisors, where he built a data-driven platform for the BFSI sector and advised mid-market clients on capital raising. Earlier, he served as CEO of Qapita Marketplace in Singapore and held a senior role at Spark Capital Advisors.
Alongside this appointment, Ambit has also realigned internal roles. Vikas Khattar will now focus exclusively on scaling the firm’s equity capital markets business while continuing to deepen its financial sponsors group coverage. The firm sees ECM as a key growth engine, driven by strong scalability and increasing capital market activity.
Commenting on the leadership changes, Ambit Private Limited group CEO Ashok Wadhwa said, “Skanda’s appointment marks an important step in driving the next phase of Ambit’s growth journey. His entrepreneurial mindset and strong execution track record will be instrumental as we partner with emerging and established leaders.”
The new structure is expected to enable more focused, sector-driven engagement, supported by dedicated leadership across key verticals. For Ambit, it is a case of tightening the top deck to play a bigger hand in India’s evolving M&A and capital markets landscape.
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Indus Towers names Venkatesh Tiwari as chief operating officer
Amazon veteran to take charge as Tejinder Kalra retires in August
MUMBAI: Indus Towers Limited has appointed Venkatesh Tiwari as chief operating officer, marking a key leadership transition as the company prepares for the retirement of its current COO, Tejinder Singh Kalra, later this year.
Tiwari’s appointment, effective April 1, places him within the company’s senior management personnel and sets the stage for a smooth handover ahead of Kalra’s retirement on August 31.
Bringing nearly three decades of experience, Tiwari joins from Amazon, where he held multiple leadership roles across operations, logistics and quick commerce. He played a central role in launching ultra-fast delivery services in India and scaling complex supply chain networks, including grocery, same-day delivery and third-party logistics.
His career spans a wide range of industries, including telecommunications, consumer electronics and FMCG. Before Amazon, he held leadership positions at Samsung, Bharti Airtel and Perfetti Van Melle, where he worked across operations, sales, customer service and marketing functions.
At Airtel, Tiwari contributed to several strategic and operational initiatives, gaining experience that aligns closely with Indus Towers’ core business in telecom infrastructure. His expertise in managing large-scale operations and customer-focused transformation is expected to support the company’s next phase of growth.
The appointment comes at a time when telecom infrastructure providers are navigating rising data demand and network expansion, making operational leadership increasingly critical.
With Tiwari stepping in and a transition window in place, Indus Towers appears to be ensuring continuity while bringing in fresh perspective. As the baton passes later this year, the focus will be on maintaining momentum in a fast-evolving digital ecosystem.
