SCL Fund invests in startups disrupting supply chain

Passionate about all things startups – Akhil works with Lumis Partners as a Senior Analyst. He is a founding member of the Supply Chain Labs fellowship and fund. He has worked on evangelizing the program and onboarding various partners like corporates, fellow investors, mentors and supply chain experts.

He takes ownership of formulating the market thesis, sourcing and evaluating high quality technology startups. Once the startups are onboarded, he assists startups across various facets like go to market, evaluating new opportunities, fundraising etc.

He also works closely with the rest of the team in formulating the investment hypothesis – and in helping narrow down the right candidates for deployment of funds. He has a strong finance background – and is a self-proclaimed life long student. He has also engaged with startups in the past as a freelancer, helping them validate their business model and evaluate their fundraising needs.

Prior to Lumis, Akhil was obtaining his Bsc. in economics and finance from Ashoka University. In his free time, he likes to read, write, go for a run, play chess, or spend some quality time with his family and friends.

Lalit has 25 years of experience across key functions like Investment Banking, Transaction Advisory, Financial Planning & Analysis. His prior experiences include senior positions with leading organizations like SRF Finance, PWC, HCL Comnet, and Genpact. He is a Chartered Accountant from the ICAI and Cost Accountant from the Institute of Cost & Works accountants of India.

Movil Gupta is the Program manager for Supply Chain labs. He is responsible for all aspects of the Supply Chain Labs Logistics and coordination with all the stakeholders of the Program like Mentors, Investors, Corporate Partners and the Startups.

Movil graduated as a Computer Science Graduate in 2016. Movil’s past role includes Managing operations and Supply chain for the startup named Tinkerly. After that, he joined Applyifi as a project consultant for the Istart Qrate program of Rajasthan Government where he was responsible for managing the whole program. After that he joined an agritech startup called Freshokartz where he was managing the Operations and Operational analytics part for Freshokartz.

The thing about working in startups and for startups is that you have to create the processes unlike in MNCs where you have to follow the processes that are already in the system and you have the freedom to experiment unlike MNCs. And for working in Lumis and SCL, It is a great opportunity as we get to meet alot of new people on daily basis and you get to bounce of the ideas with people who are veteran’s in the field. Movil feels working with Lumis and SCL will give him a 360 degree view on how to create a startup and how you can take it to its full potential. Investor side perspective of what an Investor looks in a startup before they invest and these learnings will help him when he wants to create a venture of his own. Movil’s ultimate goal is to start a deep tech company of his own and to make it one of the biggest firm in the world. For accomplishing the ultimate goal he is also learning Data Science Concepts in his free time.

One motto Movil lives by is: IT’S NOT OVER UNTIL I WIN.

Prajakt has been a participant in the startup eco-system since 2004, when he had taken a sabbatical to be the director of TiE Asia. His personal goal in life is to encourage and assist a 100,000 people to become entrepreneurs.

Previously, he was Vice President at Indian Angel Network and Asia Director for The Indus Entrepreneurs (TiE). Prajakt also co-founded Orange Cross and was a founding member of Idealake Technologies.

Prajakt’s book, ‘Starting Up & Fund Raising’, helps entrepreneurs understand the perspective of investors and the building blocks of a business.