Board of Directors

We are not just investors: we are founders,
engineers and executives.

Board of Directors

Ujjwal Munjal

Founder Director, Hero Electronix

Mr Ujjwal Munjal, an astute leader and business builder, completed his BBA in international management from Pepperdine University, California. He started his career as a Trainee with KPMG Consulting and with Hero Motor Corp Limited before joining Rockman Industries Ltd, one of the oldest companies of the Hero Group, in year 2003. He gradually moved up and now serves the organization in the capacity of Managing Director. Ujjwal has been been instrumental in taking Rockman’s revenue growth from USD 15 Million to more than USD 300 Million in the last 13 years and increasing its footprints from 1 plant to now 5 plants at 4 locations. He brings in dynamism and ability to think new & different while expanding business horizontally and vertically. He believes in empowerment to people and motivates people to work as a cohesive team to help achieve the company goals. He aims to make Rockman a most sought after employer and nurture people to be more professional and system oriented at the same time striving for Business Excellence.

Nikhil Rajpal

CEO, Hero Electronix

Nikhil leads Hero Electronix, investing and growing its technology business in India. Prior to joining Hero Electronix (Hero Group's venture into the technology space with a vision to create a $1Bn+ digital products and services enterprise), Nikhil was a partner at Parthenon EY. He headed the firm’s Technology, Media and Telecom (TMT) and Business Services sectors. He was also a part of EY’s new global Corporate Finance & Strategy practice (CF&S). Nikhil holds an MBA from Michigan Ross and a Bachelor’s degree in Mechanical Engineering from the Delhi College of Engineering.

Wai San Loke

Co-Founder and Managing Partner, Novo Tellus

Wai San is a Founder and Managing Director of Novo Tellus Capital Partners. He has led the investment activity of the fund since its founding in 2011. Wai San is the chairman of portfolio companies AEM Holdings and Novoflex Pte. Ltd, and represents the fund on the boards of MFS and Luma Holdings. Wai San started his career as an R&D engineer with Motorola’s Cellular Infrastructure Group and subsequently joined management consultants AT Kearney in their High Technology practice group. Prior to founding Novo Tellus Capital Partners, Wai San was a Managing Director with Baring Private Equity Asia in their Silicon Valley and Singapore offices where he led investments in IT hardware, SaaS, semiconductor capital equipment, and industrials.

Wai San holds an MBA from the University of Chicago and a BSEE from Lehigh University. He was the former Chairman and President of the Singapore American Business Association in San Francisco.

P. Raja Manickam


Raja Manickam founded Tessolve in 2003 with a vision to create a leading productization company delivering high volume manufactured products from physical silicon. He brings a unique mix of experience encompassing the entire chip development process, from managing product lines, running a manufacturing site and building up start-ups. This experience allowed him to build Tessolve to bridge the gaps he saw in the development cycle of silicon engineering. Starting his career as a test engineer in Texas Instruments he moved on to Fairchild, National Semiconductor, DTS and Viko test labs. He was also involved in the early startup of STATS and UTAC. In his vibrant 30 year career, he held engineering, product line, sales and marketing responsibilities in his 30-year career.

Sailesh Chittipeddi, Ph.D.

EVP and GM, IoT and Infrastructure BU, Renesas

Dr. Sailesh Chittipeddi is Executive Vice President and General Manager of IoT and Infrastructure Business Unit of Renesas. Before Renesas, he served IDT as Executive Vice President of Global Operations and CTO, with an additional focus on corporate growth and differentiation. Prior to joining IDT, Dr. Chittipeddi was President and CEO of Conexant Systems and served on its Board of Directors. Before that, he held several executive roles at Conexant Systems, including COO, co-President, EVP for Operations and Chief Technical Officer, with responsibility for global engineering, product development, operations, quality, facilities, IT and associated infrastructure support. Dr. Chittipeddi started his career in technology with AT&T Bell Labs and progressively managed larger engineering and operations groups with AT&T Microelectronics/Lucent and Agere Systems. Dr. Chittipeddi serves on the Board of Directors for Avalanche Technology (USA) and Tessolve (Division of Hero Electronix, India). He also serves as a Board Observer in Blu Wireless Technology (Bristol, UK), Peraso Technologies (Canada) and Anagog (Israel). Dr. Chittipeddi holds five degrees, including an M.B.A from the University of Texas at Austin and a Ph.D. in physics from The Ohio State University. Dr. Chittipeddi has earned 64 U.S. patents related to semiconductor process, package and design, and has had nearly 40 technical articles published.

Srini Chinamilli


Srini has over 25 years of experience in Semiconductor Engineering and Management. He held technical and management positions at Cirrus Logic and Centillium Communications prior to joining Tessolve as Co-Founder. He has extensive experience in Silicon Validation, Product Engineering and has managed high volume productization of several complex System on Chip and Mixed Signal devices. He takes pleasure in building startup teams into world class organizations. Srini completed his Masters in Electrical Engineering from University of Southern California and Bachelors in Electronics from Birla Institute of Technology.

Dr. Veerappan V

President (New Projects & Public Relations)

Veerappan brings a rich experience of more than 33 years. He was associated with Sterling Electronics a pioneer in the Indian electronics industry following which he became a Territory Manager at DCM Data Products. He oversaw national level sales and customer support operations with Wipro Technologies before moving on to Motorola as GM - Operations in-charge of MIS, Facilities, HR, Admin, PR, Systems and Commercial. Before joining Tessolve, Veerappan was associated with BPL Telecom as their Head of Operations & Business Development.

Sunit Rikhi

Independent Director

Sunit Rikhi is an executive with over forty years of experience in the semiconductor industry. In 2015, Sunit retired from a 30-year career with Intel as Vice President and General Manager of Intel Custom Foundry. During his Intel career, Sunit played leadership roles in Technology Development including Physical Design EDA, Mask Operations, Factory Automation, Advance Design, and the Foundry Business. Since his retirement from Intel, Sunit has been involved with several young companies in roles such as Non-Executive Director, Advisor, and Executive Consultant. Sunit received his MSEE from University of Washington and his BSEE from BITS Pilani, India.