Intellecap, an Aavishkaar Group company, is a pioneer in building enabling ecosystems across Asia and Africa and channeling capital to create and nurture a sustainable & equitable society announced the appointment of Pramod Kasat as Managing Director – Investment Banking.

Pramod joins Intellecap from IndusInd Bank where he was Country Head – Investment Banking. Pramod Kasat brings over 2 decades of extensive deal experience in India, and has successfully spearheaded investment deals and exits worth more than US$1 billion with specialization in deal origination and structuring of transactions for Indian enterprises with deep insight pertaining to the private equity and structured finance regime in India. Prior to joining IndusInd Bank he was associated with Pioneer Investcorp Limited as Head- Investment Banking in Mumbai. Pramod has also served as a Director at Credit Suisse and in Deutche Bank’s global markets team and also with Citibank.

Elaborating on his vision for Intellecap, Pramod Kasat said, “We are all aware that we need US $ 2 Trillion of capital every year to bridge the needs of Sustainable Development Goal. We all need to contribute to this audacious global goal of reimagining the world and I am committed and convinced that we at Intellecap have a role to play in bringing some part of this capital. Inspired by these gigantic goals and building on the strong pedigree of Intellecap in the impact space, my vision is to use our relationship based approach to direct larger pools of capital toward entrepreneurial venture delivering impact and returns at scale.”

Welcoming Pramod Kasat, Vikas Bali, CEO, Intellecap, said, “Pramod brings a fresh perspective to the vision of Intellecap and I am confident that we have found the right long-term leader and partner in delivering our vision. As Intellecap extends its presence across Asia and Africa, Pramod experience in nurturing entrepreneurial business and diverting mainstream capital to them would help Intellecap contribute significantly towards bridging the capital gap as we move toward the Action Decade for delivering on the Sustainable Development Goals.”