TiE Bangalore names Madan Padaki as President, announces new board


The Indus Entrepreneurs (TiE) Bangalore, one of India’s first TiE chapters, has named renowned entrepreneur Madan Padaki as its president. TiE Bangalore has also announced its new Governing Board comprising 14 Charter Members.

The Governing Board has also elected Geetha Ramamurthy, co-founder & CEO of GiGa (‘Giving Indians Global Access’ Innovation Center) and former Executive Director, TiE Boston as the chapter’s Secretary, along with Sathyanarayana BV, former deputy head, Startup Karnataka for the Government of Karnataka as well as entrepreneur, policymaker and startup evangelist, as the chapter’s Treasurer.

TiE Bangalore has played a pivotal role in Padaki’s entrepreneurial journey when a few years out of college, he co-founded MeritTrac as India’s first skills assessments company which was subsequently acquired by Manipal Global Education.

He has been a longstanding Charter Member and Governing Board member of TiE Bangalore since 2010. A social entrepreneur working at the intersection of entrepreneurship, rural communities, and youth, he is currently founder and CEO, 1Bridge, a village commerce network. He is also co-founder & managing trustee of Head Held High Foundation (a non-profit that aims to create abundance by youth transformation), co-founder of Global Alliance for Mass Entrepreneurship (GAME), an alliance that galvanises the ecosystem on igniting a mass entrepreneurship movement, and an angel investor in several start-ups. Padaki is also a Strategy Advisor to UNICEF India for the YuWaah initiative.

The new Board would focus on expanding the activities on TiE Bangalore’s existing initiatives, strengthen the ecosystem’s relationship with the Government, Corporates, Investors & Academia, and ensure that voices of the entrepreneurs are amplified at the policy level.

Other Board Members include Suryaprakash Konanuru, Joy Rajan Cheruvathoor, T R Anand, Priya Chetty Rajagopal, Kanika Radhakrishnan, Suryanarayanan A, Venkatesh Kumaran, Sanjay Anandaram, Naganand Doraswamy, Jawahar Bekay and Ravi Gururaj. Vijetha Shastry continues to lead the TiE Bangalore Secretariat as its full-time Executive Director.

“Over my two terms starting 2017, the TiE Bangalore board worked diligently to nurture and strengthen the start-up ecosystem across Karnataka and our city. We have engaged closely with corporate partners on numerous knowledge sharing, business connects, mentoring, and innovation initiatives…I am delighted to hand the baton to Madan, a passionate, energetic, and successful entrepreneur and believe he is ideally qualified to lead and grow our TiE Bangalore chapter’s impact in new sectors and innovative initiatives,” said Ravi Gururaj, outgoing president of TiE Bangalore and founder and CEO, QiKPod.

Padaki said the board would work at the intersection of tech and social entrepreneurship with a focus on agriculture, health, skills and education, rural commerce, financial inclusion, etc. and will expand TiE Bangalore’s reach to enable entrepreneurs across all non-tech sectors to grow, with a specific focus on women entrepreneurs.



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