Ex-Oracle India chief to advise start-up Lyncbiz

Sangeetha Chengappa Bengaluru | Updated on January 24, 2018

Sandeep Mathur, former Oracle India Head

Former Managing Director of Oracle India Sandeep Mathur, who exited the company last October, has joined FinOne Technologies, a next-generation financial services solutions start-up founded by former Infosys veteran, Haragopal Mangipudi, better known for taking Infosys’ core banking solution, Finacle, to global markets.

Mathur who is President and Chief Business Officer of FinOne, since March this year, has also joined the Advisory Board of Lyncbiz Corporation, a start-up founded by ex-Oracle executives this month.

On being contacted by BusinessLine, Mathur confirmed both the developments. “My day job is with FinOne Technologies and I have joined Lyncbiz Corporation in an advisory capacity recently. After quitting Oracle, I made some small angel investments in start-ups founded by friends and family and after meeting up with Haragopal decided to join up.”

Intelligent assistan platform

Explaining that FinOne is an intelligent assistant platform on which many financial applications can be on-boarded, to help end-users of financial institutions transact, make investments, buy and sell shares easily with a near human-like interface, Mathur, without revealing the name of the customer, said: “We have signed up with our first capital markets customer, who will provide their end-customers with the FinOne service that can be accessed on their mobile devices. Financial institutions have up until now, invested a lot into building their back-end systems with core banking solutions, data warehousing, etc, but have done precious little to beef up their front-end for end-customer interfaces and experiences. All that is changing now.”

Mathur will also be offering his expertise as an Advisor to Lyncbiz Corporation, founded by ex-Oracle executives — Mouthu Kumarasamy, Shalesh Trehan, Yatin Kantak, Nilesh Desai and Deepak Ajmani — with the aim of connecting Indian start-ups with new customers/markets and to help global cloud companies enter new markets like India.

“Start-ups have great solutions to offer but face huge entry barriers into the enterprise world. Lyncbiz will connect them with top enterprise customers, and also help with pricing their solutions, go-to-market strategy, convert leads into sales with the right approach to account management etc. Lyncbiz will also help global SaaS firms engage with mid-market customers in India through partnerships and joint ventures,” said Mathur.

Published on July 13, 2015

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