Panels and Speakers
[tabs slidertype="left tabs" autospeed=""] [tabcontainer] [tabtext]Panels I:
Financing a Billion Aspirations
Healthcare Within the Reach of Billions
[/tabtext] [tabtext]
Panels II:
Governance
Frugal Innovation
[/tabtext] [/tabcontainer] [tabcontent] [tab] Panels I
11:15 AM
[one_half]Financing a Billion Aspirations
Venue: MIT Media Lab, Multipurpose Room
A burgeoning economy, an ambitious young talent pool and an entrepreneurial community make India an extremely attractive investment destination. The country is in the process of building itself in almost all conceivable sectors which represents a huge opportunity to build valuable businesses in all these sectors. Lot of these new businesses will seek financing from the top micro finance, venture capital and private equity investors of the country. Top investors and CEOs from India will debate the opportunities and challenges of doing business in such a dynamic and complex environment.
Moderator:
[learn_more state="open" caption="S. P. Kothari"] Deputy Dean, Sloan School of Management
S.P. Kothari is Deputy Dean and Gordon Y Billard Professor of Management at the Sloan School of Management, Massachusetts Institute of Technology. Previously, he served as Global Head of Equity Research for Barclays Global Investors (BGI), responsible for research supporting BGI’s active equity strategies, from 2008-09. Prior to joining BGI, S.P. was Deputy Dean at the MIT Sloan School of Management, and earlier he was Head of the Department of Economics, Finance, and Accounting at the MIT Sloan School of Management. In 2005-06, he was Thomas Henry Carroll-Ford Visiting Professor of Business Administration at Harvard Business School. Dr. Kothari received his Ph.D. from the University of Iowa, MBA from the Indian Institute of Management, Ahmedabad, and B.E. (Hons.) from the Birla Institute of Technology & Science, Pilani.[/learn_more]
Panelists:
[learn_more state="open" caption="Pankaj Vaish"] Managing Director, Head of Markets, Citi South Asia
Pankaj is the Head of Markets for Citi South Asia. He has over 20 years of capital markets experience across product lines and has in-depth knowledge of hedge funds, having been involved in Global Markets Trading. He joined Citi in October 2010 from Nomura Securities where he was the Managing Director and ran the Equities and Fixed Income Liquid Markets business. Prior to that, he worked with Citi New York as the MD, Proprietary Trading. Earlier in his career with Citi New York, he was responsible for the North America Equity Derivatives Trading & Structuring, Global Commodity Derivatives and North America Fixed Income Derivatives Trading activities. He also managed the Global Hybrid Options desk and Credit Derivatives trading. He also spent seven years in Hedge Funds, including two years as a junior partner in NY at one of the largest Global Macro Hedge Funds.
Pankaj is a member of the Board of FIMMDA - an industry organization of market participants in the Fixed Income, Money Markets and Derivatives Market. He is a frequent speaker at Conferences and widely interviewed on CNBC, Bloomberg TV and NDTV and quoted in the media about expert opinions on global and Indian markets. He has a Masters in Management (Sloan School) as well as a Bachelor’s degree in Economics from the Massachusetts Institute of Technology (both awarded simultaneously in 1990).[/learn_more]
[learn_more state="open" caption="Anurag Bhatnagar"] CEO, Sewa
Anurag is a seasoned financial executive with a strong blend of experiences in distribution, products, strategy, project management and investments – especially in startup companies.[/learn_more]
[learn_more state="open" caption="Mohanjit Jolly"] Managing Director, DFJ India
Mohanjit relocated to India in September, 2007 to establish the DFJ India office and help manage DFJ’s India portfolio. Mohanjit currently serves on the Boards of Attero, Canvera, Cleartrip, iYogi, Mchek, Naseeb Networks, Pressmart, and Seventymm. Mohanjit Jolly has spent the last ten years working with and investing in technology startups. Prior to DFJ, Mohanjit was Managing Director at Garage Technology Ventures, a seed and early stage venture capital firm. While at Garage, Mohanjit worked with over 30 companies, including LeftHand Networks, PureSight (BCGI), Jibe Networks (CTRX), Qumu, Thermoceramix, Kaboodle (Acq: Hearst Media) and SimplyHired.
Prior to joining Garage, Mohanjit was part of the strategic planning group at Mattel where he helped launch the Mattel/Intel joint venture, Intel Play. He also spent several years in both engineering and business development roles with Itek Optical Systems, a manufacturer of high-resolution reconnaissance systems for both military and commercial use. While earning his M.B.A from the Anderson School at UCLA, Mohanjit helped launch ViaSpace, a technology incubator in Southern California in conjunction with Caltech and Jet Propulsion Laboratory. Mohanjit earned a B.S. and M.S. in Aeronautics and Astronautics from MIT, with a specialization in electric propulsion systems.[/learn_more][/one_half]
[one_half_last]Healthcare Within the Reach of Billions
Venue: Classroom 633
India’s current Healthcare is a $40B industry today and equates to $32 per capita. The Government spending on healthcare sector is barely 1% of its GDP which is way below the WHO recommended 5%. More than a million Indians die every year due to lack of access to reliable healthcare. What would it take for India to come up with a healthcare system which is accessible and affordable to all? An efficient and effective healthcare system would involve multiple variables which are unique yet interrelated. Will insurance (micro insurance) be the solution to provide cost effective healthcare? Will advancements in technology like telemedicine and low-cost treatment bridge the disparities between the urban and rural sector? Will quality clinics established in rural areas help change the trends of lack of access to treatment? The healthcare panel which has its panelists from Provider, Technology and Insurance sector aims to answer these questions and give an insight into what it would take to cater to the healthcare needs of every individual in India.
Moderator:
[learn_more state="open" caption="Martha L. Gray"] Professor Harvard-MIT Division of Health Sciences and Technology
Professor Gray is the J.W. Kieckhfer Professor and former Director of the Health Sciences and Technology (HST) Division of Harvard and MIT. She is also a Professor in MIT’s Department of Electrical Engineering and Computer Science, and she was the first woman to lead a science or engineering department at MIT. She is an elected fellow of the AAAS, the Biomedical Engineering Society, and of the American Institute of Medical and Biological Engineers. She has served in several elected positions for professional societies and on many advisory boards, and she is associate editor of the Annual Reviews of Biomedical Engineering.[/learn_more]
Panelists:
[learn_more state="open" caption="Jonathan Jackson"] CEO, Dimagi
Jonathan Jackson is an entrepreneur and innovator with extensive experience in researching and implementing technology solutions to deliver quality health care to urban and rural communities. He has led Dimagi to become an award-winning, socially-conscious technology company with projects spanning more than 20 countries. Jonathan has overseen the development of multiple innovative health projects, including CommCare, a case management solution that enhances community health programs through the use of mobile health and cloud-based technologies, and SmartCare, the National HIV medical record system in Zambia. Since 2006, he has led Dimagi’s research on patient-centered technologies and care coordination in the U.S. with research grant funding from the NIH. He also started the “Coded in Country” initiative to build software engineering capacity in low-resource countries through partnerships and collaboration. Jonathan also co-founded Cogito Health, a pioneering company using speech analytics for depression management, and Doctor Kares Hospital, a low-cost orthopedic surgical hospital in New Delhi. Jonathan holds bachelors and masters degrees in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology and is a lecturer at the Harvard-MIT Division of Health Sciences and Technology.[/learn_more]
[learn_more state="open" caption="Dr. Ashwin Naik"] CEO, Vaatsalya, Bangalore, India
Dr. Ashwin is the Co-founder & CEO of Vaatsalya Healthcare, a venture funded company, focused on building a network of secondary care hospitals in Tier II and Tier III towns in India. Winner of various awards including the BiD Challenge India 2007 for the best business in development in India, LRAMP Award to Innovation 2008 and 2009 Sankalp Award for Social Enterprise, Vaatsalya currently has eight hospitals in Karnataka and one in Andhra Pradesh, totaling 500 + beds. The mission of the company is to build the largest network of hospitals across Tier II and Tier III towns. Ashwin has been conferred the TED India Fellowship for 2009 by TED. In 2008, One World USA nominated Ashwin as one of the finalists for the One World Person of the Year 2008, for his contribution in bringing affordable healthcare services to underserved populations. Ashwin has a medical degree from Karnataka Medical College, Hubli and a Masters from University of Houston, Texas.[/learn_more]
[learn_more state="open" caption="Bhargav Dasgupta"] MD & CEO, ICICI Lombard General Insurance
Mr. Bhargav Dasgupta, is the Managing Director & CEO, ICICI Lombard General Insurance Corporation Limited, the largest private sector general insurance company in India. Mr. Dasgupta began his career with the erstwhile ICICI Limited in 1992 in the Projects & Corporate Finance Division. Since then he has held key leadership positions in diverse business areas including Oil & Gas financing, E-commerce, Technology Management, Corporate Strategy and Treasury. In his final assignment in ICICI Bank, he set up the banks International Banking Group and headed it from 2002 to 2006. In October 2006, he was elevated to the Board of ICICI Prudential Life Insurance Company Limited as Executive Director responsible for Sales, Distribution, Product and Marketing of the Company. He took over his current role in May 2009. Mr. Bhargav Dasgupta holds a PGDBA from the Indian Institute of Management Bangalore and a B.E (Mechanical) degree from Jadhavpur University. He was named as one of the top 25 ‘Young Executives in India’ by Business Today in 2006. He is a Member of the Board of Directors of the International Insurance Society & the Chairperson of the Confederation of Indian Industry - Working Group on Health Insurance, “Policy and Standards”.[/learn_more]
[learn_more state="open" caption="Kenneth Cahill"] Principal, Deloitte Consulting LLP
Kenneth Cahill is a Principal with Deloitte Consulting LLP. He manages health, pension, and insurance and social protection policy programs within Deloitte’s Emerging Markets practice. Mr. Cahill’s experience includes 12 years of international consulting with Deloitte and 15 years as a manager and policy analyst with the U.S. Congressional Research Service. His technical work has focused on health care financing and delivery, public and private pension policy and reform, social protection, and most recently the regulation on non-bank financial institutions.
Mr. Cahill has developed business and executed projects for major international bi-lateral and multi-lateral donor agencies. He has consulted for key counterparts in parliaments, ministries of health, and social security and protection, finance, and financial sector regulators. He has managed projects in a number of post-conflict and emerging market countries in the Middle East, Central and Eastern Europe, Asia, and the Caribbean.[/learn_more][/one_half_last]
[/tab] [tab] Panels II
3:30 PM
[one_half]Governance
Venue: MIT Media Lab, Multipurpose Room
Lack of effective governance is a fundamental challenge facing India and this manifests itself in three key issues that this panel will seek to address: (a) How does a maturing democracy ensure that the elected representatives work in a manner that truly represents the will of the people; (b) How can the delivery of public services be massively improved, and (c) How can we tackle the challenge of corruption, not just at the top levels or in government alone, but also the growing culture of corruption that permeates the private sector and many parts of the civil society too.
Moderator:
[learn_more state="open" caption="Abhijit Banerjee"] Director of Jameel Poverty Action Lab (JPAL) and Professor of Economics
Abhijit Vinayak Banerjee was educated at the University of Calcutta, Jawaharlal Nehru University and Harvard University, where he received his Ph.D in 1988. He is currently the Ford Foundation International Professor of Economics at the Massachusetts Institute of Technology. In 2003 he founded the Abdul Latif Jameel Poverty Action Lab (J-PAL), along with Esther Duflo and Sendhil Mullainathan and remains one of the directors of the lab. In 2009 J-PAL won the BBVA Foundation “Frontier of Knowledge” award in the development cooperation category. Banerjee is a past president of the Bureau for the Research in the Economic Analysis of Development, a Research Associate of the NBER, a CEPR research fellow, International Research Fellow of the Kiel Institute, a fellow of the American Academy of Arts and Sciences and the Econometric Society and has been a Guggenheim Fellow and an Alfred P. Sloan Fellow. He received the Infosys Prize 2009 in Social Sciences and Economics. His areas of research are development economics and economic theory. He is the author of three books including Poor Economics (www.pooreconomics.com), as well as a large number of articles, and is the editor of a third book. He finished his first documentary film, “The Name of the Disease” in 2006.[/learn_more]
Panelists:
[learn_more state="open" caption="Baijayant “Jay” Panda"] Member of Parliament, Orissa
Baijayant “Jay” Panda was elected to the Parliament of India, Lower House (Lok Sabha) from Kendrapara Constituency, Orissa in May 2009. Earlier Panda had been twice elected to Parliament, Upper House (Rajya Sabha) in 2000 and 2006, also from the State of Orissa. He is a member of the Biju Janata Dal (BJD) party. Panda had helped to form the Young Parliamentarians Forum (YPF) and was its Convener; he has also been associated with the India-USA Forum of Parliamentarians and is its Chairman. He was awarded the “Bharat Asmita National Award” for best parliamentary practices by the Hon’ble Chief Justice of India in 2008. Since its inception in 2007, Panda has been associated with the Citizens’ Alliance Against Malnutrition, an advocacy group including many parliamentarians across parties, Bollywood actors, other celebrities, civil society activists and non governmental organizations. The Citizens’ Alliance has undertaken numerous initiatives to battle child malnutrition in India, including field visits to rural districts in several states, continual engagement with media organizations to highlight the issue, repeated interactions with the Prime Minister, Leader of Opposition, Chief Ministers and other political leaders to raise the priority given to this critical issue.[/learn_more]
[learn_more state="open" caption="E.A.S. Sarma"] Ex. IAS, former Secretary of Economic Affairs, India and Social Activist
E.A.S. Sarma is the Convener of the Forum for Better Visakha (FBV). FBV provides a civil society platform for concerned citizens and NGOs to interact on local, regional and national concerns on governance. It was founded in 2004 and is based at Vizag (Visakhapatnam) on the East Coast of India. Over the last seven years, FBV’s activities have converged with people’s movements across Andhra Pradesh and the rest of the country against polluting industries that cause environmental degradation and loss of livelihoods. In addition to articulating people’s concerns to the authorities, FBV has been instrumental in seeking judicial intervention whenever the executive has failed to respond. Prior to FBV, E.A.S. was the Principal of the Administrative Staff College of India, Hyderabad (2001-2004) and a Member of the Indian Administrative Service (1965-2000). The assignments he held in Government include: Secretary to Government of India in Ministries of Power and Finance (1997-2000) and Advisor (Energy), Planning Commission. He holds an M.S. in Nuclear Physics (Andhra University), a Masters in Public Administration (Harvard University) and a Ph.D. in Energy Planning (Indian Institute of Technology). His publications are listed at http://eassarma.in[/learn_more]
[learn_more state="open" caption="Vini Mahajan"] Joint Secretary to the Prime Minister of India
Ms Vini Mahajan is presently posted as Joint Secretary to the Prime Minister of India, where she handles, inter alia, matters relating to Finance, Industry and Commerce, Telecom, IT, and the transport sector. Earlier as Director in the Department of Economic Affairs, Ministry of Finance, she was involved with India’s external assistance program, as well as infrastructure issues. She was associated closely with early work on Government of India’s support to Public Private Partnerships (PPPs).
Ms Mahajan is a member of the Indian Administrative Service (Punjab Cadre, 1987 batch). She is an Economics graduate from Lady Shri Ram College, Delhi University and post graduate from the Indian Institute of Management (IIM), Calcutta, where she was placed on the Roll of Honour. She is the recipient of numerous academic awards, including the National Talent Search Scholarship. She received the Gold Medal for Best in Co-curricular Activities at the National Academy of Administration.
Ms Mahajan received the Satyen Maitra Memorial National Literacy Award for best performance of Ropar District in the country, as well as the National prize for outstanding achievement in popularizing Mahila Samriddhi Yojana, a scheme with women’s empowerment & encouragement of the savings habit as its twin objectives.[/learn_more][/one_half] [one_half_last]Frugal Innovation
Venue: Classroom 633
Integrating specific needs of the bottom of the pyramid markets as a starting point and working backward to develop appropriate solutions.
Moderator:
[learn_more state="open" caption="Varun Sahni"] Managing Partner, Impact Investment Partners
Varun Sahni has 14 years experience in managing and investing in enterprises – both in low - middle income emerging markets, and as an angel in traditional high income businesses. At present he is a co – founder and managing partner of Impact Investment Partners, a venture fund focusing on critical goods and services in emerging markets currently building out its first fund, India Healthcare Fund 1, a 100 MUSD fund investing in enterprises providing healthcare products and services to mass markets. Most recently, from July 2005 to July 2010, Varun built and managed the India fund for Acumen Fund where he was responsible for all fund operations. Prior to this, Varun worked with a number of for profit and not for profit enterprises building multiple businesses across India. Varun is currently on the Healthcare Leadership Council of USAID’s Market-based Partnerships for Health (MBPH), and on the Advisory Council of Social Impact International. He is on the Investment Committee of Ennovent Ventures, and a member of the Executive Council of the Centre for Emerging Market Solutions at the Indian School of Business (ISB). Varun is a TED India Fellow, an Asia Society Global Young Leader and a Chevening Gurukul Scholar at the London School of Economics – an award given to 10 Indians every year by the British Government. Varun has an MA from Columbia University.[/learn_more]
Panelists:
[learn_more state="open" caption="Sanjay Bhatnagar"] CEO, WaterHealth International
Sanjay Bhatnagar is the Chief Executive Officer of WaterHealth International (WHI), a new generation water company developing decentralized water purification solutions. Sanjay is also the founder of the THOT Capital Group. Prior to setting up the THOT, Sanjay was the CEO of Enron Broadband Services for Middle East and Asia and was responsible for developing Enron’s telecommunication businesses in the region, including bandwidth trading, optical fiber networks, internet datacenters and VOD businesses. Sanjay has served as the Chairman and CEO, Enron South Asia where his responsibilities included developing and financing energy infrastructure. He was the Lead Developer of the 2,184-megawatt Dabhol Power project in India, which began commercial operations in May 1999. In this capacity, he helped raise over $1 Billion in equity and $2 Billion in debt financing from Indian and International financial institutions including EXIM, JEXIM, OPIC and over 25 International commercial banks.[/learn_more]
[learn_more state="open" caption="Mohanjit Jolly"] Managing Director, DFJ India
Mohanjit relocated to India in September, 2007 to establish the DFJ India office and help manage DFJ’s India portfolio. Mohanjit currently serves on the Boards of Attero, Canvera, Cleartrip, iYogi, Mchek, Naseeb Networks, Pressmart, and Seventymm. Mohanjit Jolly has spent the last ten years working with and investing in technology startups. Prior to DFJ, Mohanjit was Managing Director at Garage Technology Ventures, a seed and early stage venture capital firm. While at Garage, Mohanjit worked with over 30 companies, including LeftHand Networks, PureSight (BCGI), Jibe Networks (CTRX), Qumu, Thermoceramix, Kaboodle (Acq: Hearst Media) and SimplyHired.
Prior to joining Garage, Mohanjit was part of the strategic planning group at Mattel where he helped launch the Mattel/Intel joint venture, Intel Play. He also spent several years in both engineering and business development roles with Itek Optical Systems, a manufacturer of high-resolution reconnaissance systems for both military and commercial use. While earning his M.B.A from the Anderson School at UCLA, Mohanjit helped launch ViaSpace, a technology incubator in Southern California in conjunction with Caltech and Jet Propulsion Laboratory. Mohanjit earned a B.S. and M.S. in Aeronautics and Astronautics from MIT, with a specialization in electric propulsion systems.[/learn_more]
[learn_more state="open" caption="Ramesh Raskar"] Associate Professor, MIT Media Lab
Ramesh Raskar joined the Media Lab from Mitsubishi Electric Research Laboratories in 2008 as head of the Lab’s Camera Culture research group. His research interests span the fields of computational photography, inverse problems in imaging and human-computer interaction.
Recent projects and inventions include transient imaging to look around a corner, a next generation CAT-Scan machine, imperceptible markers for motion capture (Prakash), long distance barcodes (Bokode), touch+hover 3D interaction displays (BiDi screen), low-cost eye care devices (Netra, Catra), new theoretical models to augment light fields (ALF) to represent wave phenomena and algebraic rank constraints for 3D displays (HR3D).
In 2004, Raskar received the TR100 Award from Technology Review, which recognizes top young innovators under the age of 35, and in 2003, the Global Indus Technovator Award, instituted at MIT to recognize the top 20 Indian technology innovators worldwide. In 2009, he was awarded a Sloan Research Fellowship. In 2010, he received the Darpa Young Faculty award. Other awards include Marr Prize honorable mention 2009, LAUNCH Health Innovation Award, presented by NASA, USAID, US State Dept and NIKE, 2010, Vodafone Wireless Innovation Project Award (first place), 2011. He holds over 40 US patents and has received four Mitsubishi Electric Invention Awards. He is currently co-authoring a book on Computational Photography. (Personal webpage: http://raskar.info)[/learn_more][/one_half_last] [/tab] [/tabcontent] [/tabs]