GOLDEN STATE CAPITAL - Key Persons

A born entrepreneur, upon graduation from Delhi University, Mr. Bhalla opted to forego studies at a business school and set up his own business venture in 1994-a corporate gifting company. He has always been a pioneer in every business he has started. In 2000 he started one of India's first KPO company focusing on the healthcare vertical for the US, which has now grown to over a 1000 employees globally. In 2007 he completed the "Owners Management Program" and "Launching New Ventures" management programs from Harvard Business School. When he thought of entering into the fast growing food-and-beverage industry, he thought of introducing something for the young, health conscious urban Indians and create a brand that is not only associated with health and wellness, but is also a socially and environmentally responsible brand. Keeping the extreme hot weather in mind, he thought of this cold treat as a viable business option that offered guilt-free indulgence and launched Cocoberry, India's first frozen yogurt chain. The first store was opened at the posh South Delhi locality of Defense Colony in 2009. There also were a lot of innovations and transformations along the way. Today with its outlets across the NCR, Mumbai, Jaipur,Chandigarh, Pune, Ahmedabad & Goa, Cocoberry is a national brand in less than a span of 2 years with over 30 outlets. Cocoberry will also be opening in international markets very soon.

Ms Lee is currently serving as Chief Marketing Officer in Rejuve Cigs LLC and is based out of California, USA. Previously, she's worked with Dorsey & Whitney LLP and Stradling Yocca Carlson & Routh LLP. She's also pursued roles in journalism, ranging from being a reporter at Orange County Business Journal, Associate Editor with Wall Street.Net and freelancing with Los Angeles Times & Thirteen Minutes Magazine. She's completed her Bachelors of Arts, Literature & Journalism from University of California and MBA from University of South California.

Job Titles:

• CEO
• Member of the Board of Directors
• Group MD & CEO, JMATEK Group, Hong Kong / Founder Director, La Rochelle Ventures Limited, Hong Kong

Naresh has been a CEO and an Investor/Advisor to Entrepreneurs in Asia since 2006. Naresh joined Jmatek in 2019 through a management buy-in (MBI) to help build a global leader in innovative home comfort solutions, and is an active investor/advisor to early stage companies through his investment firm - La Rochelle Ventures Ltd. During 2006-12, Naresh was President - Asia Pacific with Belden Inc., an NYSE-listed technology company. He first started as Global Head of Business Development, and co-led Belden's transformation from a Western Specialty Cable company to a Global Automation & IoT Technology company. Previously, Naresh spent 6 years with McKinsey & Company in New York area. He started his career with Schlumberger's electronics business, and held several positions in France/India over 6 years. Naresh has a B.Tech. in Computer Science from Indian Institute of Technology (IIT) Delhi, and an MBA from Darden Business School at University of Virginia. Naresh strongly believes in transformational role of education and entrepreneurship in alleviating poverty and reducing income inequality. He is actively engaged with several nonprofit initiatives promoting entrepreneurship, including, TiE (www.tie.org), Indian Angel Network, Entrepreneurship Center at HKUST (www.ec.ust.hk) and others. He is Vice Chair of Global Advisory Council of Darden Business School at University of Virginia, and serves on Board of Trustees of the Darden Foundation. Naresh is also a member of the Parents Advisory Group at Hong Kong International School.

Job Titles:

• Chairman of the Board of Directors

Sumit Nanda is based in Singapore and is Chairman of the Private Equity fund The Golden State Capital Pvt Ltd. He has over 25 years of experience working in India and overseas Sumit is a serial entrepreneur and the person behind many successful ventures such as Dr. Fresh Assets, Golden State Capital, Etc. Currently GSC is active in investments in US & Asia. He has over 10 years of experience of development of Real Estate in India. He has promoted a 65 acre IT-SEZ, in joint venture with Ascendas. He has promoted a 9.5 acre Mixed-Use project currently being developed in sector 82A Gurgaon. He has developed a hotel in Delhi in JV with lemon tree hotels and holds an equity stake in Lemon Tree Hotels. He has been actively purchasing residential and commercial real estate assets in USA. He started his career with consumer goods and the company promoted by him today owns brands like Binaca , Reach, Fire fly worldwide and is master licensee for Pepsodent and Close-up for USA. In addition, Sumit is also involved in a technology start-up in the health and lifestyle segment. He is actively involved in charity work in India with The Hans Foundation. Sumit graduated with a Bachelor's Degree from Hindu College, University of Delhi and Is an alumni of IIM, Ahmedabad.