Alumni News

IIMB Alumni Abhijit Roy completes 25 years at Berger Paints

Abhijit Roy recently completed 25 years at Berger Paints, handling various senior management positions during his stint at the company. For the last decade, Abhijit Roy has been the Managing Director & Chief Executive Officer of the brand. During his time at the company. From an impressive growth in EBIDTA to an astounding 2500x growth in market capitalization to 27+ manufacturing units across the country, Berger Paints is on a path to being the most admired Indian Paint & Coating Solutions company. The architect of this growth, Mr. Roy, believes that Berger Paints can outperform its peers by developing & delivering innovative solutions for customers.

On completing 25 years at Berger Paints, Abhijit Roy shared, “It is gratifying to be celebrating my 25th work anniversary here at Berger. While I may have been the conductor of this orchestra, I believe we have come this far thanks to the passionate Berger employees, investors, customers, stakeholders and partners who remain loyal to us. This is just the beginning; many more milestones to be achieved.”

Abhijit Roy’s journey at Berger Paints Back in 1996, Abhijit Roy joined Berger Paints as a Product Manager. With one successful year after another, Roy was promoted to General Manager, Marketing in 2004 and then Senior Vice President, Sales & Marketing in 2008. In 2011, he was promoted to the COO & Director of the company. Having the temperament to go beyond & take Berger Paints to the next level, Roy was promoted to MD & CEO in 2012.

Many congratulations.

Source: Times of India

IIMB Alumni Dr. Ashwin Kumar Aiyangar completes Full Ironman 2022

Dr. Ashwin was one of the few Indian competitors that competed in the Full Ironman competition on August 14, 2022, in Kazakhstan. Swim 3.8 km, bike 180 km, and run 42.2 km made up the 140.6 km of the Full Ironman race. It took Dr. Ashwin 13:52:59 to finish. A significant Indian contingent was there. We congratulate Dr. Ashwin for taking part in and finishing the tremendous marathon.

Medtech Startup Yostra Co-founded by IIMB Alumni Dr. Sanjay receives seed funding

Dr. Sanjay Sharma

Bengaluru-based healthcare startup Yostra Labs Pvt. Ltd, on Tuesday, said that it has secured seed funding of Rs 4 crore ($500,000) led by Indian Angel Network, with participation from investors including Impact Innovators and Entrepreneurs Foundation and Centre for Cellular and Molecular Platforms.  

The platform plans to use the fresh funds to scale its headcount across sales and marketing, expand its market footprint and boost production.  

Founded by Vinayak Nandalike, Mohan Rao, Dr. Sanjay Sharma and Maruthy in 2014, Yostra Labs is a medical device firm with a portfolio of patented products for the diagnosis and management of peripheral neuropathy and its complications such as foot ulcers. The startup claims to have screened over 40,000 patients across clinics, private and government hospitals and diagnostics centres in India.  

“Yostra has developed innovations for the diagnosis and treatment of diabetic foot complications. With the investment from IAN, we plan to scale up our operations and expand our market reach,” said Vinayak Nandalike, founder of Yostra Labs.  

“Yostra has a portfolio of patented products with a focus on diabetes neuropathy that can save complications in diabetes patients. This investment from IAN and co-investors will help. The investment will accelerate Yostra to scale globally,” said Venkataraman KNK of Indian Angel Network.  

The Indian Angel Network, founded in 2006, has been a prominent investor in India’s startup ecosystem. With investors from 12 countries, the network is spread across seven locations, which includes cities in India and the UK.  

Source: VCCiRCLE