Biography of Rathnakar Samavedam:Investment Director & CEO of Hydrabad Angels
Rathnakar Samavedam: A Journey Through Finance and Investment
Early Education and Professional Foundation
Rathnakar Samavedam embarked on his professional journey
with a solid educational foundation. He completed his Bachelor’s degree in
Commerce and Management Accounting from the Indian Institute of Management and
Commerce in 2000, graduating with distinction. His academic pursuit continued
at Symbiosis Institute of Management Studies, where he earned his Master of
Business Administration (MBA) in Finance and Marketing. This was complemented
by his Chartered Accountant qualification from the Institute of Chartered
Accountants of India, which he obtained in 2002, and later, a Company Secretary
certification from the Institute of Company Secretaries of India.
Advanced Business Management
Rathnakar’s educational journey reached new heights when he
attended the Indian Institute of Management Bangalore. In 2014, he completed an
Executive General Management program, enriching his expertise in business
administration and management. This advanced training provided him with a
robust understanding of business strategy and leadership.
Early Career Experience
His career began with significant roles in corporate finance
and management. At Spencers Retail, part of the RPG Group, Rathnakar honed his
skills in financial accounting, audit management, and stock control. This
initial exposure laid the groundwork for his future endeavors in the financial
sector.
ICICI Bank and Corporate Finance
Rathnakar’s next major role was with ICICI Bank, where he
served as the Regional Head in the SMEAG Lending division. Over a span of
nearly three years, he managed a substantial asset portfolio and was
responsible for analyzing balance sheets and managing loan requirements for
mid-sized corporate enterprises. This role deepened his understanding of
corporate finance and risk assessment.
Transition to IT Consulting
Following his tenure at ICICI Bank, Rathnakar joined
Prolifics, a leading IT consulting firm. As the Head of Corporate Finance, he
was instrumental in overseeing financial operations, managing large teams, and
enhancing process efficiencies. His work involved developing financial models,
forecasting, and improving business strategies.
A Break and New Directions
After a notable stint with Prolifics, Rathnakar took a brief
hiatus before joining Hyderabad Angels (HA) in 2017. His role as an Investment
Director and Portfolio Manager at HA allowed him to leverage his extensive
finance background in guiding startups. At HA, he focuses on compliance,
building scalable processes, and aiding portfolio companies in achieving their
growth objectives.
Hyderabad Angels:
Investment and
Mentoring Hyderabad Angels, under Rathnakar’s guidance, has made 37 investments
with an impressive average return of 3X. Rathnakar’s role involves working
closely with portfolio companies to ensure regulatory compliance and process
optimization. His efforts have contributed to the successful exits of several
companies and bolstered HA’s reputation in the investment community.
Consulting and Mentorship
In addition to his role at Hyderabad Angels, Rathnakar has
been actively involved in mentoring startups through T-Hub, a notable incubator
in Hyderabad. His expertise in finance and strategy is invaluable for emerging
businesses seeking to scale and succeed.
Biography of Rathnakar Samavedam:Investment Director &CEO of Hydrabad Angel/Entrepreneur/Age/Net worth/Wife/Rathnakar S./Success story of Rathnakar
Expanding Horizons with IMAGE COE
Rathnakar also contributes to the IMAGE Center of
Entrepreneurship by STPI, where he evaluates startups in sectors like gaming
and computer vision. His role involves assessing potential investments and
supporting entrepreneurial ventures with critical insights and guidance.
Diverse Roles and Committees
Rathnakar’s influence extends to various committees and
advisory roles. He is part of the IC committees for the Startup India Seed Fund
across multiple universities and organizations, including KL University and Sri
Krishnadevaraya University. These roles involve evaluating and supporting
seed-stage startups with promising potential.
Contribution to Venture Capital
As a Venture Partner at 3Lines Venture Capital, Rathnakar
plays a key role in identifying and nurturing investment opportunities. His involvement
in the venture capital space highlights his dedication to fostering innovation
and supporting high-growth startups.
Leadership in Financial Management
Previously, Rathnakar served as VP of Finance at
MapRecruit.ai and as a Partner at S. Ramesh Babu & Co., where he provided
strategic financial insights and management consulting. These roles further
cemented his expertise in financial planning, treasury management, and business
partnering.
Ongoing Commitment and Future Aspirations
Rathnakar’s career trajectory reflects a deep commitment to finance, investment, and mentorship. His extensive experience and diverse roles showcase his ability to drive financial strategies, support startup ecosystems, and influence the broader investment landscape. With a strong foundation in finance and a passion for entrepreneurship, Rathnakar continues to make a significant impact in the industry.
Timeline for Rathnakar’s career
2000: Bachelor’s degree in Commerce and Management
Accounting from Indian Institute of Management and Commerce.
2002: Chartered Accountant and Company Secretary
certifications obtained.
2014: Completed Executive General Management program at
Indian Institute of Management Bangalore.
Early Career: Worked in financial accounting at Spencers
Retail.
ICICI Bank: Regional Head in SMEAG Lending division, managed
asset portfolios.
Prolifics: Head of Corporate Finance, oversaw financial
operations.
2017: Joined Hyderabad Angels as Investment Director and
Portfolio Manager.
T-Hub: Mentored startups in finance and strategy.
IMAGE COE: Evaluated startups in gaming and computer vision
sectors.
IC Committees: Evaluated seed-stage startups for Startup
India Seed Fund.
3Lines Venture Capital: Venture Partner, identified
investment opportunities.
MapRecruit.ai: VP of Finance.
S. Ramesh Babu & Co.: Partner, provided financial
management consulting.