It gives us immense pleasure to welcome honourable Prof. Rohan Chinchwadkar to the IIT Bombay family. He is a valuable addition to the Shailesh J. Mehta School of Management, IIT Bombay where he joined as an Assistant Professor in April, 2019.
Prof. Chinchwadkar completed his B. Tech. (Electronics) at Veermata Jijabai Technological Institute (VJTI), Mumbai. Having seen the world getting rocked by the financial crisis, he decided to engage with the field of finance. Thereby, he completed his PhD in Finance from the Indian Institute of Management (IIM) Calcutta. He was an Assistant Professor (Finance) at the Indian Institute of Management (IIM) Trichy from 2016 – 2019 and a Visiting Professor at IIM Calcutta. Before joining IIM Trichy, he worked as a management consultant with McKinsey & Company from 2013 – 2015.
The main area of his academic research, including his PhD dissertation, has been Entrepreneurial Finance, with a focus on Private Equity &; Venture Capital investing. He has also published papers on a range of other topics related to banking, international finance, mergers &; acquisitions, initial public offerings and game theory. He is currently exploring new research areas such as the practice, sociology and philosophy of finance and money.
According to him, the private equity and venture capital industry in India is relatively young but has grown rapidly to give us Indian unicorns (start-ups with a valuation of $1 billion or more) like Paytm, Swiggy, Ola, Byju’s and many more. The annual investments in this space have grown from just over $1 billion in 2004 to more than $26 billion in 2018. It has remained one of the most stable sources of equity capital for Indian companies, having invested more than $100 billion in over 3100 companies in the last 15 years. It has played a pivotal role in developing the start-up ecosystem as well as boosting the country’s strategic sectors like telecommunication and information technology. This field interests him and is also his area of expertise.
Apart from his core academic research, he regularly writes opinion pieces for national newspapers like The Economic Times, Mint, The Hindu Business Line, The Financial Express and Bloomberg Quint, and has been quoted in international media outlets like Bloomberg.
Prof. Rohan is quite keen on collaborating with the Society for Innovation and Entrepreneurship (SINE) and Desai Sethi Centre for Entrepreneurship to generate cutting-edge research and develop training programmes to upskill entrepreneurs. He desires to actively look to mentor start-ups and advise founders in the future. He strongly believes that IIT Bombay is an ocean of activity with faculty members engaged in high-quality academic, industry and policy research, departments offering new-age courses and bright young students looking for opportunities to learn and contribute. Since he has just become a part of this prestigious family, he intends to interact with various members to explore how he can collaborate with them, learn from them, help them wherever possible and play an important role in taking the institute to new heights. Given his experience and a keen interest in theatre and table tennis, he is hoping to interact with enthusiastic students on campus. We wish him a great Institute stay ahead.