Dukhabandhu Rath

Managing Director

Dukhabandhu Rath has joined as the Managing Director of GVFL. He has meritorious experience of 36 years in the Indian Banking industry. He worked with State Bank of India in all facets of Banking as a business leader and result driven professional. He has successfully performed a wide variety of roles and assignments at Corporate as well as Regional Offices of State Bank of India in Corporate Governance, Commercial Banking, Human Resources & Industrial Relations Management. He has been recognized as a top performer and been conferred with several honours, awards and recognitions in his career.

He possesses a proven track record of consistently exceeding business and financial targets whilst ensuring compliance with highest service standards and operational efficiencies. He has hands-on experience in providing a long-term vision and creative strategic focus towards achieving business goals. He has a passion to build and groom large teams to cohesive units of performers.

His last assignment in SBI was as Chief General Manager, Ahmedabad Circle (akin to Executive Director in PSBs)

Mihir Joshi


Mihir Joshi has been with GVFL for over 20 years and has experienced all stages of VC life cycle – fund raising, structuring of Funds, investments and harvesting returns to the investors. His learning curve has matured with liquidation of 3 funds (22+ exits) through various routes including IPO, secondary sale, acquisition, management buy out and buy back. He led some of the marquee investments of GVFL and represented GVFL on board of several investee companies like e-infochips, 20 Microns, Axio Biosolutions, Century Pharmaceuticals, Vidooly, Formcept etc. He was a member of Screening Committee of Technology Entrepreneurship Program (TePP), panel for setting up of Biotech Incubation Centre by DBT, and has been with the CIIE Investment Committee in the past. He is also a TiE charter member.

  • ICWA, Cost & Works Accountants of India
  • CS, Institute of Company Secretaries of India


Param Patel

Senior Investment Associate

Param is a multi-sectoral investment professional with more than 7-year experience. As a part of investment team, Param is responsible for end-to-end deal execution: sourcing, appraisal- operational and financial performance, assessment of industry, competition landscape, financial projections, deal structuring, executing definitive agreements, portfolio management and facilitating divestments.

He was previously at Maxim Group LLC, wherein as a part of Investment Banking team worked with senior bankers on business restructuring matters, recommendations on strategic actions, capital raising, fairness opinions and prospectus building for multiple REITs, SPACs and IPO deals. Param analysed and advised on a broad range of financial matters to several corporate clients and worked with client’s management to coordinate with legal, regulatory, accounting, and other advisors. Prior to that at Citi Ventures, he worked on various fintech and healthtech modules. Prior to that, he has also worked on several M&A and business restructuring assignments.

  • MBA, CUNY Baruch College, NYC, USA
  • LL.B (Bachelors of Law), Gujarat University
  • CA (Chartered Accountant), ICAI
  • B.Com (Bachelors of Commerce), Ahmedabad University

Rucha Maheshwari



Rucha being a part of the investment team is responsible for deal sourcing, deal screening and due diligence, market research, deal structuring, finalizing the deal, portfolio monitoring and facilitating divestments.

Previously she was working with ICICI Bank for 3 years where she was responsible for providing working capital finance to MSME customers having turnover up to 1000 crores and limit underwriting to 20 crores. Her responsibilities included evaluation of business model, credit analysis and assessment along with relationship maintenance.

  • CFA – Level II Candidate
  • MBA – Finance, NMIMS University, Mumbai
  • BTech – Mechanical, NMIMS University, Mumbai


Mrunali Parikh


Mrunali SN. Parikh is a Chartered Accountant with experience in Financial Statement Analysis, Taxation, Financial Modelling, Valuations & Auditing & Assurance. As a part of the investment team, Mrunali is responsible for end-to-end deal execution: sourcing, appraisal- operational and financial performance, assessment of the industry, competition landscape, financial projections, deal structuring, executing definitive agreements, portfolio management and facilitating divestments.

She was previously associated with Talati & Talati LLP, Chartered Accountants as an Intern wherein she has been involved in Reporting and Analysis of Financial Statements for the NBFC’s & Banks at the Head Office Level. She has been involved in Auditing the Treasury operations of a Nationalized Bank. Further, she has been part of Valuations of Companies in Power, FMCG, Personal Care and Entertainment Sector in her previous engagement with Bakertilly DHC. She is a startup and Ecosystem Enthusiast and is associated with Headstart Foundation as a Volunteer in Investor Circle.    

  • CA (Chartered Accountant), ICAI ( All India Rank Holder)
  • B.com (Bachelor of Commerce), Gujarat University


Saurabh Nair

Relationship Manager

Saurabh Rajan Nair is responsible for raising funds, investor interactions, market communications, building new relationships and other functions related to the company & fundraising at GVFL Ltd. Saurabh had previously worked for Markit India and SNL Financial. He also has experience of raising over $15 million from UHNI’s for real estate projects with US based Pacifica Companies.

Saurabh has an Engineering degree from Gujarat University and MBA (Marketing and Finance) from Indian Business Academy, Greater Noida.

Lekha Sharma

Dy.Manager(Secretarial & Legal)

CS Lekha Sharma is an Associate Member of Institute of Company Secretaries of India and also a Commerce & Law Graduate from Gujarat University. She is two times All India Rank holder while pursuing her studies of Company Secretary. She handles compliance of all secretarial matters of GVFL. In addition, she also provides support to the Investment Team on secretarial compliance of investee companies.

Prior to joining GVFL, she has worked for Piramal Group and other private sector companies and has earned experience on various secretarial and legal matters of private and public companies as well as of NGOs. She has also been part of implementing and administration of “Compliance Tool” which keeps track on all sectoral and regulatory compliances in her previous organisations.

Parth Shah

Dy.Manager – Accounts

Parth Shah, is a Chartered Accountant with a versatile experience of more than 5 years with expertise in Direct / Indirect Taxation, Audit compliances, Statutory / Legal Laws and Valuation. He is working as a Head of Account Department.  

He is also responsible for managing the Portfolio management and working on exit strategies.

He was previously associated for two years with a Mumbai based Real Estate company as a Manager of Account department. He was also associated with a well-known Chartered Account Firm wherein he closely worked in Advisory to multilevel clients engaged in Service Sector, Manufacturing Sector and Real Estate etc.

  • CA (Chartered Accountant) – ICAI         
  • B.Com (Bachelors of Commerce) – Gujarat University

Paresh Khakhkhar

Deputy Manager (Accounts)

Paresh has been associated with GVFL since last 15 years. He has been involved in monitoring of existing investments in field of Accounting, Internal control systems and Tax compliances. Previously he was part of the internal Accounts team at GVFL and involved in day-to-day Accounts, Audit, Tax compliances etc.

Paresh is a Commerce graduate from Gujarat University and C.A. (Inter.) from The Institute of Chartered Accountants of India.

Sejal Zaveri

Manager (HR & Administration)

Sejal has been associated with GVFL with since 2006.She looks after Administration and other allied activities of the company.

Sejal is an Economics graduate from Gujarat University. She has a Diploma in HRM from Ahmadabad Management Association.

Paresh Shah

Deputy Manager (IT)

Paresh Shah has been associated with GVFL since 2000, Paresh is responsible for all the IT related activities in the organization.

Prior to GVFL, Paresh has worked for eight years in IT field. He was associated with Troikaa Pharmaceuticals, Dishman Pharmaceuticals Ltd and Cadila Pharmaceuticals Ltd.

Paresh is B.Sc.(Physics) from Gujarat University and has been trained in various IT related areas through various certificate courses

Rajiv Chauhan

Deputy Manager (Accounts)

Rajiv has been associated with GVFL since 2007. Apart from regular accounts work, he is responsible for internal Audit & Statutory audit for companies and all funds.

Rajiv is a Commerce graduate from Gujarat University.

Rachit Joshi

Executive Corporate Relations

Rachit Joshi as an executive corporate relations professional is responsible for capital raising, investor relations, market research and maintaining relations with the stake holders of GVFL Ltd.

He is also looking after Govt. Liaisoning work for all the matters. Along with that he is also responsible for executing MoUs with incubation centres. In addition, he is a google certified digital marketer and handing digital marketing for GVFL Ltd.

Prior to joining GVFL, He was associated with Cadbury and upGrad as an intern wherein he closely work on marketing techniques and strategies for improvement of business in the competitive ecosystem.

  • MBA, St. Kabir Institute of Professional Studies. (Finance+Marketing)
  • BTech(Automobile Engineering)

Aji Nair

Executive Assistant to MD

Aji is the Executive Assistant to the Managing Director. She is responsible for providing key administrative and day-to-day business support to the MD. 

Aji brings over 25 years of experience in the field of secretarial and office management. Prior to GVFL, Aji has worked with various organisations including educational, manufacturing and construction, viz, Ramky Infrastructure, Academy of HRD, etc. 

Aji holds Master of Commerce from Kerala University, Higher Diploma in Co-operation from Co-operative Training College and professional certificates in Secretarial courses.

Vijaylaxmi Rai

Executive Assistant

Vijayalaxmi Rai is associated with GVFL Ltd since August 1991. She works as Receptionist and support functionary to GVFL Ltd. Her work includes that of Reception & General Administrative responsibilities.

Prior to GVFL, she worked for Greaves Cotton Ltd. & Travel Corporation of India

She is an English Literature graduate from Gujarat University with Post Graduate Diploma in Business Administration with Specialization in HR form Symbiosis Centre for Distance Learning.