MaFoi Consulting ropes in 5 industry veterans to form new entity
With an intent to offer an end-to-end, holistic solutions, targeting manufacturing sector with a special focus on SMEs, six industry veterans, for the first time came together to float a joint venture company called MaFoi Connecting Dots Advisory Private Ltd. The new initiative is led by MaFoi Strategic Consulting Private Limited founder K Pandiarajan, who founded MaFoi.
While, MaFoi Strategic will hold 59 per cent stake in MaFoi Connecting Dots, other industry veterans including Ravindra Singh Singhvi, who resigned as MD and CEO of EID Parry India Limited, Balasubramaniam, former chairman of SIDBI, HC Kholay, ex-managing director of HAL Limited, D Satheesh Kumar, former COO of Tata Group company, Pradeep Chennamale, former head of strategic financial services, Dynamatic Technologies and V Sunder, former president of Dynamatic Technologies Limited will hold the remaining stake in the company.
Source: Business Standard