Godrej Agrovet Limited, the agribusiness arm of the diversified Godrej Group, announced the appointment of Ritu Verma as an Independent Director on the company’s Board, with effect from January 27, 2023.
According to the company’s exchange filing, “This is to inform you under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), that the Shareholders of the Company by a Special Resolution passed through Postal Ballot concluded on March 4, 2023, has approved the appointment of Ms. Ritu Verma as an “Independent Director” of the Company, for term of 5 (five) years commencing from January 27, 2023 upto January 26, 2028.”
Ritu Verma is the co-founder and Managing Partner at Ankur Capital – an early stage venture capital firm that invests in disruptive digital and science led technologies. Ritu serves on the Board or at Board observer positions at multiple of Ankur’s portfolio – Cropin, Niramai, StringBio, Vegrow, Krishify, Piatrika, OffGrid, IBISA, Superfone and BigHaat.
Prior to starting Ankur Capital, Ritu ran Truven, an advisory firm for venture funds looking at investments in India and South East Asia. One of the funds she worked with was BASF corporate venture fund, which focused on investments in renewable energy, agri-biotech and materials. She has also brought products from lab to market across the globe as parts of innovation teams in Unilever and Philips working across roles from product development to marketing strategy. She holds 7 (Seven) patents and has authored and contributed to 7 (Seven) peer reviewed research publications in prestigious journals. Ritu is a Director and a Member of the Steering Committee at ThinkAg, a non-profit platform for scaling ag-tech innovations in India. She is a Member of the Global Development Committee for American Society of Mechanical Engineers, that focuses on hardware innovations globally. She is also a Member of the Core Advisory Committee for the Centre of Excellence in Agri Innovation at C-CAMP and IKP Advisory Group for our Agri and Sustainability. She has also been part of Government led initiatives to drive agricultural growth and sustainability.
She holds an MBA from INSEAD and a Ph.D. in Physics from the University of Pennsylvania and has bachelors from Middlebury College, Vermont.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.