Board of Directors

Udayan Basu

Managing Director & CEO
Udayan Basu has over 30 years in Financial services Industry, including in Banking, Asset Management and Mutual Funds. During his long career he served a number of renowned Asset Management companies like Lazard Brothers, Zurich Asset, Principal Financial Group, Daiwa Asset etc, In addition to working at senior positions in domestic institutions like JM Financial, Indiabulls Group etc. Prior to joining Azure, he was running his own consultancy in Corporate & Investment Advisory sector. Where he was involved extensively with PE business and raising resources in RE sector. Udayan is an M Com & MBA and a Certified Financial Planner (CFP).

Shailesh Ghorpade

Member of the Board
Shailesh has been with the Fund since inception as CEO and is the currently CIO & Managing Partner of Exfinity Technology Fund Series-1, a Category 1 AIF dedicated to Investments IT Sector. He has over 23years of experience in Project & Corporate Finance, M&A, Strategy, and Private Equity Real Estate (PERE) investments across companies in Financial Services, Energy, IT and Real Estate sectors. He has held senior positions in companies like Suzlon Energy, Birla Global Finance, Tata Finance, Infosys Technologies and Price Waterhouse Coopers. He has done management consulting for Fortune 500 companies in Europe and the USA and has led large transformation programs in his previous assignments.Shailesh completed his MBA from Jamnalal Bajaj Institute of Mgmt. Studies and Bachelor of Science & Technology from UDCT Mumbai.

Deepak Salvi

Executive Director & Country Head- Business Development & Investor Relations
Deepak has over 25 years of experience in capital markets and investment banking in areas like Fund raising, Investment banking, Wealth Management and REPE fund operations. He started his professional career as Investment Banker with ICICI Ltd and subsequently worked on senior positions with Financial Services Companies of leading industrial groups such as Tata and Birla Groups.He has been with Azure since inception. His last assignment was with Urban Infrastructure Venture Capital Ltd, one of the India’s leading Real Estate Private Equity (REPE) Fund set up by a large conglomerate. He held senior positions in their Domestic as well as Off Shore REPE Fund i.e. VP-Sales, Mktg. & Investor Relations for the Domestic Fund and General Manager-Operations for the Off shore fund, promoted by the Urban Infra. He was instrumental in raising US $500 Million and in charge of operations of the off shore fund. Prior to that he was COO of Tata TD Waterhouse Securities a joint venture between Tata and TD Waterhouse.