Leadership Team

Sasidhar N Thumuluri - Managing Director & CEO

Sasidhar has 17 years of experience in financial inclusion and capital markets in 20+ countries. He started his career at BASIX where he was instrumental in designing and executing various innovative programs in microfinance and rural livelihoods. He rejoined the group in March 2014 and currently runs day-to-day business of Sub-K, a digital finance subsidiary that leverages mobile technology and local entrepreneurship to offer last mile banking and payment solutions. Previously, at International Financial Corporation South Asia, he led agri finance, housing finance and SME finance advisory verticals. Prior to IFC, Sasi was with Habitat for Humanity International in Washington DC, where he successfully spearheaded the pioneering work of structuring a global fund for micro-housing and helped realign business strategies of various country programs. Earlier at Microvest Capital Management in Bethesda MD, he had built and managed a large impact investment portfolio in Asia, Africa and Europe.

Sasidhar N Thumuluri

Jitender Kalwani - CFO

He holds Masters degree in Commerce from Osmania University, MBA from IGNOU, ACS and Member of Institute of Chartered Financial Analysts (ICFAI). He has over 16 years of experience in finance, accounts, MIS, budgeting, tax & regulatory matters, processes & controls. Worked in FMCG, Logistics and IT industries

Jitender Kalwani

Ravindra Goud - Vice President – Credit

He holds a Bachelor degree in Commerce, Business Administration at Hault International Business School (USA).He comes with 16+ years of experience across Microfinance Operations, Retail Banking, Accounts, Audit and Risk. Held CXO positions in PNG Microfinance in Papua New Genie and Tarashna in Delhi. Rejoined BASIX group in Sep 2014.

Ravindra Goud

Venkateswara Rao - Head – Technology

He holds a Bachelor degree in Commerce from Andhra University and Honors Diploma in System Management from NIIT. He has over 20 years of experience in Product Development, Project Management, Project Planning & Execution and Client Relationship Management in the IT Industry.

Venkateswara Rao

D.Venkateswara Rao - Asst . Vice President –South operations

D.Venkateswara Rao has done his BSc (computers) from Andhra University in 2002 and Masters in Business Administration from Andhra University in 2004. Having worked with two renowned companies BASIX Group and Fullerton India Ltd. in the space of financial services , He gathered rich domain knowledge in Microfinance, SME finance, insurance,  Training ,agent banking and consulting.  Having worked in different capabilities for 12 years he gained prudent experience in Field operations, Product development, Process design as well as Agency network management.
Apart from his academic qualifications, Mr. Rao holds six sigma green belt and is a certified Insurance professional from Insurance institute of India.

D.Venkateswara Rao

Gaurav Bammi - Asst.Vice president – Business Relations & Development

Over 10 years of experience in microfinance , agent banking , taxation and consulting. Served in BSFL , Deloitte and Fidelity before joining Sub-K in 2011. He has been instrumental in bringing new Business/Relationships for the organizations and deepening the existing relationships. He has been with sub-k since incubation. He is certified Six Sigma and holds MBA (Finance & Marketing) from ICFAI University and bachelors in Hospitality from Pusa university.  

Gaurav Bammi

Susheel - Asst. Vice President – Accounts and Finance

He is a graduate in Bachelor of Science with Mathematics honours from Madurai Kamaraj University, Madurai and 1st rank holder in Mathematics.  He has completed Integrated Professional Competence Course from Institute of Chartered Accountants of India. A competent professional with more than two decades of experience in accounts, finance, budgetary controls, internal audit, tax & regulatory matters, worked in manufacturing, education and service industries.


Hemant Kumar Banerjee - AVP- Operations (Assistant Vice President).

Mr. Hemant Kumar Banerjee has done his BSc (Microbiology) from Dr. Babasaheb Ambedkar Marathwada University in year 1999 and PGDBM in Marketing & Information Technology from New Delhi Institute Of Management, New Delhi in the year 2001. Having worked earlier as Branch Heads with two renowned banks as ICICI Bank Ltd & HDFC Bank Ltd in the space of Retail Branch Banking & financial services , he gathered rich domain knowledge in Banking, SME finance, Insurance, Training and Retail banking. Having worked in different capabilities for 15 years he gained prudent experience in Branch Banking Operations and Branch Banking Services, Product development, Process design as well as Agency network management. He is also having a prior expertise in Healthcare & Food supplements specialize in Modern day diabetes management. He has the exposure of working in different states that includes Uttar Pradesh, West Bengal, Chhattisgarh, Delhi as well. Prior to joining Basix Subk I-transaction Ltd Hemant joined Indian Grameen Services in August, 2014 .

Apart from his academic qualifications, Mr. Banerjee holds certifications of Six Sigma Green & Black beltfrom Asian Institute of Quality Management accredited By ASCB (Europe) Limited-UK.   

Hemant Kumar Banerjee