Charu Somani

CEO

Mumbai, Maharashtra, India7 yrs experience

Most Likely To Switch

Key Highlights

Expert in leading investments and portfolio management.
Proven track record in startup financing and growth.
Strong leadership in community empowerment initiatives.

Stackforce AI infers this person is a Fintech and Logistics expert with strong investment and portfolio management skills.

Contact

Skills

Core Skills

InvestmentsPortfolio ManagementSupply Chain ManagementInvestment StrategyInvestment BankingTeam Leadership

Other Skills

Board ObservationFinancial AnalysisBusiness StrategyFinancial ModelingDue DiligenceMarket ResearchLogisticsClient ManagementLogistics ManagementClient EngagementNon-Dilutive CapitalLending ProductsStartup FinancingProduct DevelopmentMarket Analysis

About

Charu is an alumna of SRCC, with diverse set of experience ranging across industries, geographies, and scale of operations. After having dabbled into investment banking, catalyzing access to capital to growing startups, and building financial products to serve credit-starved segments of Indian population, she has barely scratched the surface of understanding how different business models work, how teams perform, how strategies implemented need solid on-ground ops, so on and so forth. Currently, leading investments & portfolio management for the Yes Bank founding family, and putting together a plan of action for leaprogging from 10 to 100 for a perishable supply chain company. Always excited for founders building something unique/uniquely and de-bottlenecking complex problems. Open for a chat at charu@tuscanventures.com. Substack: somanicharu.substack.com

Experience

7 yrs

Total Experience

1 yr 10 mos

Average Tenure

2 yrs 7 mos

Current Experience

Tuscan ventures

Investments

Sep 2023 – Present · 2 yrs 7 mos · Mumbai, Maharashtra, India

Leading investments, exits, and portfolio management
Board Observer at LenDenClub (1500 Cr AUM), LoanTap (400 Cr AUM), Sanctum (50K+ Cr AuA), and Ace Turtle (Master franchiser of Lee, Wrangler, Dockers, ToysRUs etc).
Our philosophy is to equip phenomenal business models with founder-first capital ($1M - $3M) across fintech, logistics, SaaS, consumer etc. If you are building in this space, feel free to reach out.

InvestmentsPortfolio ManagementBoard ObservationFinancial AnalysisBusiness Strategy

Coldstar logistics

Principal Associate

Sep 2023 – Present · 2 yrs 7 mos · Mumbai, Maharashtra, India · On-site

Incubated by Tuscan, Coldstar operates as a supply chain logistics company, focusing on both cold chain and ambient warehousing and transportation infra across India & key international routes
Serving clients in QSR, Grocery delivery, Pharma, FMCG etc., our aim is to own and reduce the logistics spend on your P&L.
If you are someone who's looking to efficiently outsource bandwidth on supply chain, feel free to reach out.

Supply Chain ManagementLogisticsClient Management

Aiqahealth

Strategy & Investments Associate (SAS Group)

Jul 2022 – Jul 2023 · 1 yr

SAS Group: Founders of Medanta Hospitals (13,000 Cr M-Cap), SV Creditline (1,000 Cr AUM), Aiqa Health (10L+ NOP), etc.
[Startups] Provided non-dilutive capital to startups like Perfora, T.A.C., BoldCare, Zappfresh; AUM at 0% NPA
[MSME] Piloted with a moonshot idea, our first secured lending product (LAP), to cater to debt demand of credit-starved SMEs (Pilot plan with 40K+ micro enterprises across 100+ cities)
[NBFC] Launched NBFC to NBFC lending business; on track to expand gross portfolio by 3x by FY24 end

Non-Dilutive CapitalLending ProductsStartup FinancingInvestment Strategy

Acuity knowledge partners

Investment Banking Analyst

Nov 2020 – Jun 2022 · 1 yr 7 mos · Gurugram, Haryana, India

Bespoke IB services to one of the top 5 North American banks; sectoral focus on TMT & Financial Services industries in USA, LatAm & Asia; increased revenue for the account by 30% YoY
Promoted to Associate in 1.5 years, becoming one of the youngest to have made the cut

Investment BankingFinancial ServicesRevenue Growth

Axis bank

Corporate Banking Intern

Jun 2019 – Jul 2019 · 1 mo

Undertook comprehensive credit appraisal of select PSUs & live deals; suggested & implemented recommendations in the credit evaluation process

Credit AppraisalFinancial Analysis

The placement cell, shri ram college of commerce

3 roles

Senior Coordinator

Apr 2018 – May 2019 · 1 yr 1 mo

Spearheaded a team of 60+ to carry out end-to-end placement process and internships for 1600+ students

Team ManagementPlacement CoordinationTeam Leadership

Head Of Training Department

Promoted

Apr 2018 – May 2019 · 1 yr 1 mo

First in DU to administer factual verification of CVs, and ran welfare upliftment exercises like expert-led training sessions, interview mocks, skill tests to help students in bagging their dream jobs :')

Training CoordinationSkill DevelopmentTeam Leadership

Junior Coordinator

Aug 2017 – Apr 2018 · 8 mos

National service scheme, nss

Executive Director

Jul 2017 – May 2019 · 1 yr 10 mos

Led a team of 200+ to empower underprivileged communities, strongly rooted in the idea that profit and purpose are not mutually exclusive - a duality that mirrors India's own mixed economy

Community EmpowermentLeadershipTeam Leadership