MAM
Former Dy Managing Director of EXIM Bank, Debasish Mallick joins CapSavvy Board as Non-Executive Vice Chairman
CapSavvy Consultants Pvt Ltd today announced joining of Mr. Debasish Mallick as a non-executive Vice Chairman of the company. Mr. Mallick has served as Deputy Managing Director of EXIM Bank of India and as MD & CEO of IDBI Asset Management Company Ltd (IDBI AMC).CapSavvy is a leading player in the fields of finance, technology and education.
Mr. Mallick is an economist and a certified Associate of the Indian Institute of Bankers. His versatile career of 35 years includes serving in various domains such as Development Banking, Investment Banking, Commercial Banking, Capital Markets, Corporate Finance, International Bond Markets, Treasury and Retail Banking.
Sharing his thoughts on the occasion, Mr. Mallick said, “Concerted effort must be made for all round growth and development through a strategy of widespread industrialization in a decentralized manner. This will provide large employment opportunities and produce wide ranging goods and services to fulfill the aspiration of ‘Make in India and Make for the World’. Decentralized industrialization can be best provided by healthy and systematic growth of MSMEs. CapSavvy is a young and fast-growing company, which uses latest and modern technological tools in providing advisory to businesses and industries, with special focus on SMEs and MSMEs”.
“My purpose of joining CapSavvy Board is because Anil is known to me for more than 2 decades and I found him extremely passionate, go-getter and a through professional. His focus on nurturing MSME and Start-up at grassroots level will harness the MSME sector and captivate its entrepreneurial potential to build a sustainable and equitable society”, added Mr Mallick
While speaking on the occasion, Anil Goyal, a rank-holder Chartered Accountant and Founder MD of CapSavvy said, “We are thrilled and privileged to have Mr. Mallick join as an Independent Vice-Chairman to the board at CapSavvy. His presence gives us confidence that we have a visionary leader guiding us as we scale responsibly to serve India’s most crucial sector, which contributes about 30% of its GDP”.
“Debasish Mallick’s acceptance as a non-executive Vice Chairman at CapSavvy Consultants during Covid is a great breakthrough for us. Under his leadership and operational experience, SMEs and export sector will get huge benefit on long term” Mr Goyal added.
Welcoming Debasish Mallick to the Board, Aruna Goyal, Co-founder and Director, CapSavvy Consultants Pvt Ltd said, “We are delighted to have Mr. Mallick join us at the board. Being an exceptional leader having led top institutions of India, Mr Mallick will be a valuable asset to the Board. His acceptance to join us is gratifying and we look forward to his guidance as we embark on our journey forward.”
SMEs and MSMEs have emerged as a highly dynamic and vibrant sector of the Indian economy since the last five decades. With its agility and dynamism, the sector has shown admirable innovativeness and adaptability to survive in the recent economic downturn as a result of the Covid Pandemic and have lots of opportunities to grow in the future. In the recent years, the sector has consistently registered higher growth rate compared to the overall industrial sector in India. Similarly, the start-up landscape in the country has become the epitome of innovation with some of them bringing out solutions to the local and regional problems. However, to stimulate their growth and enable their journey, they require appropriate market access and funding which is one of the initiatives being undertaken by CapSavvy. The joining of Mr Mallick on the board of CapSavvy will have a significant impact from the perspective of the MSMEs and the Start-up industry.
MAM
Walkabout launches India’s first athlete recognition for over-55s
Walkabout Athlete Program offers Rs 25,000 stipend and national spotlight to active seniors 55 plus in track, badminton, cycling, swimming, kabaddi and more.
MUMBAI: Age may be just a number, but for India’s over-55 athletes it’s finally getting the medal it deserves without anyone having to hang up their boots. Walkabout, India’s largest community platform for active agers (55 plus), has rolled out the Walkabout Athlete Program, the country’s first formal initiative to recognise and support older adults who continue to compete seriously in organised sports. From track and field to badminton, cycling, swimming, martial arts, kabaddi, hockey, pickleball and even chess, the nationwide search is on for anyone over 55 who simply hasn’t stopped playing.
Selected athletes will receive a Rs 25,000 recognition stipend to help with training, equipment, entry fees or travel. They’ll also earn official Walkabout Athlete status, exclusive gear, and a national platform through content features, press interviews, social media spotlights and priority access to Walkabout events across India.
The first cohort will pick 4 to 5 athletes in the initial phase. Applications are open pan-India, with a selection panel judging consistency of participation, community influence, the quality and relatability of each athlete’s story, willingness to engage, and diversity across geography, sport and gender.
Walkabout co-founder and MD, BD and partnerships Ashwini Kapila put it perfectly, “I know a 58-year-old still competing in badminton tournaments. A community member took up athletics at 65. These people are everywhere in India, yet almost none get recognised. India has strong systems to find its next Olympic medallist, we’re building one that finds the 55-year-old who never stopped training. Both matter. Competitive sport doesn’t have to end at 30 or 40.”
The programme builds on Walkabout’s growing momentum in active ageing. In December 2025 the platform hosted its first Walkabout Senior Games in Mumbai (Juhu), followed by the nostalgic Senior Ball Night at Pioneer Hall in Bandra in March 2026. Founded in 2024 by Deval Delivala and Ashwini Kapila (formerly Getsetup India), WalkAbout has raised seed funding from HDFC Bank and partners with names including Raymond Realty, Bblunt, Furtados and Uber.
While India pours resources into spotting young talent, Walkabout is quietly championing the millions of adults over 50 who never left the field. This isn’t about nostalgia alone, it’s about giving late-life athletes the recognition, support and visibility they’ve long earned. Applications are now open for anyone ready to step into the spotlight and show that the game isn’t over until you decide it is.
