Words of Wisdom

Email Alerts

To receive email notifications when new Saphalata Insights are posted, sign up here. By signing up, you are also agreeing to our use of email tracking technology that collects information about your interaction with our email alerts.

Research Collaboration

Collaborate on evidence-based finance

Partner Network Application

Schedule a call for institutional partnership

Arrange a Private Briefing

Most conversations start with a 20-minute architecture walkthrough

Asmita Sathe

Legal, Compliance & Fiduciary Oversight

Track Record

• Managed SEBI-related compliance processes for investment advisory and fund structures
• Prepared compliance checklists, periodic filings, and regulatory documentation
• Coordinated with auditors and external consultants during reviews
• Implemented regulatory updates into internal policies and procedures
• Maintained statutory registers and documentation controls

Education

• Bachelor of Commerce

• LL.B. (Final Year)

Chaitanya Kulkarni

Analytics & Reporting

Supports investment research, portfolio analytics, and system monitoring. Responsible for financial analysis, regulatory reporting, trade surveillance, and portfolio-level exception monitoring. Ensures implementation consistency of the firm’s rule-based investment framework.

Experience

• Conducted audit and compliance reviews across corporate and financial institutions
• Performed financial statement audits
• Supported portfolio reporting and regulatory submissions
• Monitored listed equity exposures and derivatives positions
• Assisted in proxy voting analysis and governance documentation
• Experience in financial modeling, analytics, and structured reporting

Education

• Bachelor of Commerce

• NISM Series VIII (Equity Derivatives) Certified

Shitalkumar Tapadia

Fund Administration, Finance & Taxation

Oversees fund administration, accounting, taxation, and financial controls across Saphalata’s investment vehicles. Responsible for financial reporting integrity, statutory compliance, audit coordination, and operational discipline. Ensures auditability, accuracy, and structural robustness in fund operations.

Experience

• 20+ years across accounting, taxation, and statutory compliance
• Managed financial reporting and compliance for trusts, corporates, and investment entities
• Led forensic audits and balance-sheet reviews identifying control gaps and reporting discrepancies
• Represented clients before income tax authorities and appellate forums
• Oversaw multi-entity accounting structures and regulatory filings
• Experience across GST, income tax, audit processes, and compliance frameworks

Education

• Bachelor of Commerce (Banking & Finance)
• Chartered Accountancy Articleship

Ashish Mundada

Founder & MD

Designs and governs the firm’s investment architecture, portfolio construction rules, and risk framework. Oversees system integrity, capital allocation discipline, and structural risk controls across strategies.

Experience

• Ex-BlackRock, Ex-Edelweiss
• 20+ years across global private markets, real assets, and liquid alternatives
• USD 8+ billion raised from global and Indian institutions and family offices
• USD 2+ billion deployed | 40+ transactions executed

Leadership & Governance Role

• Director and Co-founder, BlackRock Private Infrastructure Credit platform
• Chief Investment Officer, Integrow AMC
• Fund Manager and Product Head across multiple private credit and real asset vehicles
• Member, Investment Committee (multiple funds and vehicles), Valuation Committee, Risk & Credit Committee, ESG Committee, ManCo
• Oversight of portfolio risk integration within BlackRock Aladdin framework
• Built India’s first pre-REIT commercial real estate product
• Developed sourcing and execution platform with ₹20,000+ crore active pipeline
• Long-term relationships with 50+ Tier-1 developers, sponsors and promoters

Education

• MBA (Finance & Law), NYU Stern School of Business, Stern Scholar, Beta Gamma Sigma Honor Society
• MS (ECE), University of Maryland, College Park
• BE (Instrumentation), Pune University Rank Holder, National Merit Scholar