V. Vaidyanathan, Date of Birth

V. Vaidyanathan

Date of Birth: 02-Jan-1968

Nationality: India

Zodiac Sign: Capricorn

V.
Vaidyanathan is Founder and Chairman of Capital First Ltd.
He founded Capital First Ltd.
by acquiring an equity stake in an existing wholesale NBFC, and then securing an equity backing of Rs.
810 crore in 2012 from reputed PE Warburg Pincus and concluded a successful buyout of the company which resulted in buyout of other majority and minority shareholders through an open offer to public.
As part of the process, fresh capital of Rs.
1.00 billion was infused into the company, the board of directors was reconstituted, the business of the company was changed from wholesale to retail lending, and a new brand, Capital First was created.
Post the buyout, Vaidyanathan holds shares and options totaling 13% of the company on a fully diluted basis through personal holdings and related entities. Before this entrepreneurial foray at 42, he was the MD and CEO of ICICI Prudential Life Insurance, and was earlier on the Board of ICICI bank.