Ivy Chin

Role: As Partner & Chief Operating Officer, at Inflection Point Ventures (IPV), one of India's leading start-up angel investing platform, I am part of the leadership team driving strategic vision, execution & monitoring to democratize angel investing at scale and sustainably with a 150+ member organization catering to 17,000 members and over INR 750 crores invested in a portfolio of 200+ start-ups

• Deal management from evaluation, due diligence, fund raise negotiations & closure, post investment support & investor exit structuring across diverse sectors e.g. D2C consumer brands, AI & SaaS technology, Health-technology
• Oversight, driving business opportunities, operational and compliance responsibility of the INR 1000 cr corpus Category 1 Alternate Investment Fund (AIF)
• Customer Success & Investor Relations: driving customer satisfaction and 'delight' through policy, people, process, platform & product developments
• People & Culture: Bringing together the IPV "Values" concept and implementation

Highlights: Participating in the rapidly evolving start-up eco system with the ability to influence and shape the industry as it evolves while applying large organization concepts in an environment scaling at speed, experimenting yet building for the future.

Role: Advisory CFO at Licious, India’s first D2C unicorn with a mission to build the most loved meat brand, assisting in their Series F funding and hiring for a world class finance function by creating & building the function framework

• People Development by hiring and developing talent, providing deep finance opportunities & creating star finance professionals & teams across accounting, controlling, audit & business finance
• Driving Fund raising processes including due diligence & documentation
• Audit readiness, risk assessment & assurance processes and taxation matters
• Partnering with Product, Marketing, Supply Chain & Compliance through metrics setting, insights and framework for growth

• Highlights: Embedding “finance-is-a-business-partner” culture through all aspects of the organization. Re-designing finance team’s thought processes to a business perspective and integrating “finance thinking” concept in other functional partners.

Role: Founding Partner at Astravise LLP, a CFO and Strategic finance advisory firm addressing the large unmet need of Start-ups and SMEs for professional CFOs.

• Advisory & Operational CFO across growth stage start-up & family promoter led companies across logistics, agri-nutrients, D2C brands, Ed-tech, Entertainment-tech, Retail-Tech etc
• Expanded the firm''s clientele through strategic networking and relationship building initiatives.
• Worked with Founders to strategize, introduce business initiatives and build for scale through compliance & business framework set-ups with statutory, regulatory insights & operationalisation
• Achieved successful client outcomes by identifying and addressing their unique needs and goals.

- Raised Debt & Equity capital for clients (INR 250cr+) including valuation exercises, Investor negotiations & fund raise close

- Enabled a client’s business buyout by a Fortune 500 company for INR 105cr post the due diligence process

- Strategic inputs to a price re-negotiation for a buy-out post the due diligence highlight of operational & statutory

• Drove sales growth & productivity through organizational structuring, focus on collections, invoicing & sales processes and ERP implementations

Highlights: Due Diligence & remediation expertise on buy & sell sides. Creating a flexible CFO-as-a-service product, building a team, both internal and a network partner of subject matter experts, to drive scale and capacity of the concept,

Role: Co-Founder at BRAG, India’s first and only teen focused innerwear brand. Launched on 1 December 2016, BRAG retailed out of 16 Cities, in 70+ Retail counters and online via www.bragstore.com and marketplace partners like Amazon, Myntra, Zivame

• Product portfolio build up via consumer gap analysis
• Creation of a credible brand based on the identified market gap
• Distribution channel build up - Retail channels in South, West & East India and Ecommerce portals
• Fund raise of INR 6cr from angel investors

Highlights: Ideation to Distribution of product. Product gap identification, product portfolio creation, business growth and continuity in a working capital-intensive industry.

Role: Finance leader for GE Water (now Veolia) that provided technology and solutions to various industries to manage water resources e.g. on-site recycling technologies, waste-water management, remote monitoring, diagnostics and control

• Finance partner to the business, with an Order book of USD300M, Revenue of USD200M for the region covering South-East Asia, ASEAN, Australia, New Zealand and Korea, to envision, execute and monitor strategy
• Financial Leadership through strategic planning & controllership oversight, Commercial & Supply Chain finance in a complex project execution based environment
• Finance talent resourcing, retention and development.
• Responsible for Statutory and US GAAP Financials for the region
• Drove ERP needs towards India Tax requirements & Simplification

Highlights: Business leadership driving growth across diverse geographies and managing resources while aligning to global restructuring.

Role: Senior Finance Manager overseeing legal entity finance for GE Medical Systems India (a subsidiary of Wipro GE Healthcare) with an annual turnover of USD140M comprises Manufacturing Revenue from Export Sales of GE Medical Devices & Components and Services Billings (R&D, IT and Sourcing for Global GE Healthcare)

• Responsible for Statutory and US GAAP Financials for the legal entity, Controllership & Compliance including Statutory Audit closure
• Manufacturing finance responsibility including finance leadership for Manufacturing location strategy projects “Made in India”
• Responsible for finance talent hiring, development, growth & retention
• Directed entity merger project covering financial and supply chain systems' integration, payroll & labour law compliances

Highlights: “Made-in-India” product development, challenges and work-around, India market pricing along with global profit targets. Working with and delivering statutory compliances across Manufacturing and Services’ businesses.

Role: Controller for Nokia's India R&D center, a 1600+ strong team of engineers working on cutting edge technology for Nokia’s Global Devices & Services business, with budget of USD70M

• Site Leadership Team responsible for site governance, Policy evaluation & implementation
• Financial Planning & Analysis for India R&D budgets
• Project Management of various global projects including process and procedure reviews to optimize controls and spends.

Highlight: Exposure to working in a market leader environment that quickly lost out to competition due to missed opportunities.

Role: Finance Manager for the Global Technology organization, a team of 1000+ engineers working on SW and HW for New Medical Equipments & Devices for GE Healthcare Global, with budget of USD 50M

• Partnered with Senior R&D Leadership, providing management insight, planning & reporting large expenditure budgets
• Strengthened internal controls through regular audits and adherence to regulatory requirements
• Ensured compliance with various tax regulations including customs and STPI as the unit was under the SEZ zone
• Integration Leader for GE Healthcare India - across 5 legal entities

Highlights: Managed multiple global & local stakeholders for both business and functional organisations.

Role: Commercial & product finance for the Diagnostic Imaging (DI) Medical Equipment Distribution business in South Asia of USD 100MM, a portfolio of 7 Product lines with multiple equipment types that was growing at 20%+ p.a.

• Managed a team of finance professionals, collaborating with cross-functional teams, Sales, product & supply chain, for strategic business planning and growth initiatives. Ensured controllership and compliance through high growth phases.
• Delivered on the rigorous periodic GE financial reporting processes for both business planning as well as period closings & earnings reportings
• Sales Revenue Planning & Ownership and Management Reporting working with Sales team covering deal costing, structuring, pricing and competitive price analysis

Highlights: Great Commercial exposure, including product service positioning given customer’s ROI as metric.

Role: Certified Black Belt working on Operational Excellence, Process Improvement & Project management for GE Money Americas.

• Management Reporting (to Senior Management in India & USA)
• Project Management for a new Site set-up, leading a cross functional team (IT, Finance, Facility, BCP DRP, Scheduling) planning transition & capital investment approval from corporate headquarters, forecasting & planning Operational facilities (seating capacity & equipment) for 1000+ heads amidst an environment of growth & dynamic scheduling for the customer service business
• Internal Consulting and analysis of data, identification of growth opportunities and driving process improvement through 6-Sigma initiatives
• Green Belt & Lean Project mentoring: coaching and mentoring process improvement through Green Belt & Lean Projects

Highlights: Project management excellence including stakeholder management. Large data driven projects delivering productivity savings.

Role: Operations Manager for customer service team

• Supervised operations staff for Customer Service Delivery for Private Label Credit Card Customers for GE Money, Americas

Highlights: Managing first-time to the workforce team in non-India prime time

Role: Corporate Financial Analyst for Product Categories, Treasury Manager for P&G India Operations

• Category finance: product sales, new launches financials, manufacturing analysis, competitor analysis
• Reporting requirements for the listed entity, Procter & Gamble India Hygiene and Healthcare Limited
• Treasury: Working capital requirements and banking relations management.

Highlights: Worked on ‘glocalisation’ of great global products to fit the India “Value” proposition.