A Suryanarayanan

Incubation Connect Advisor

Surya’s last assignment was  CEO at Dayanand Sagar Entrepreneurship Research and Business Incubation (DERBI) Foundation where he helped set up a state-of-the art co-working space and a DST approved TBI (Technology Business Incubator).He also helped finalize a innovative and lucrative co-working seat barter for technology infra with a leading MNC before his term ended on 30th June, 2016

A first generation serial entrepreneur, Surya has the distinction of spotting opportunities where not many would look for.

Surya began his career working for companies like Union Carbide and Nicholas Laboratories but began his entrepreneurial stints with a pharmaceutical company called Recon in 1988, where he helped the company grow aggressively, taking it to the top 100 and successfully took them through an IPO with a large premium and prepared the company to face the post patent era and also successfully created an exit strategy. He then created an IT-enabled health services company called Medybiz in 2000 before selling it of along with Medi Assist, a third party administrator to the Reliance ADAG. He then went on to create a modern chain of pharmacies(LIFEKEN) which was to be later acquired by Religare in 2008.

Using all his experience Surya has helped infuse a paradigm change at the N S Raghavan Centre for Entrepreneurial Learning at IIM Bangalore that includes a business incubator and a seed fund between 2009 and 2011. He now assists as a pro bono mentor at the centre. He then spent 3 years as CFO of Indian Institute For Human Settlements (IIHS) till 31st July. Surya is a passionate start-up evangelist and also dabbles in angel investing.

Surya is a fellow member of the Institute of Chartered Accountants of India and a Masters in Management from McGill University, Canada. Surya now mentors start up entrepreneurs on their entrepreneurial journey as a free lancer. Surya is also on the governing board of TiE Bangalore.