Thursday, February 10, 2022

Course5 Intelligence appoints Four Independent Directors on its Board

 Course5 Intelligence appoints Four Independent Directors to its Board

Mr. Vikas Khemani, Ms. Vinati Saraf Mutreja, Mr. Simon Chadwick, and Mr. Anupam G. Mittal have joined the Board of Directors

 

Mumbai, February 8, 2022: Course5 Intelligence Limited (“Course5 Intelligence” or “the Company”), which focuses on helping organizations drive digital transformation using artificial intelligence (“AI”), advanced analytics and insights, has appointed three eminent independent directors to its board: Mr. Vikas Khemani, Ms. Vinati Saraf Mutreja and Mr. Simon Chadwick. They join Mr. Anupam G. Mittal who was appointed on April 20, 2021. The Board-level appointments are in line with good corporate governance practices.

 

Course5 Intelligence draws on the knowledge of the Board of Directors who bring in their experience in the areas of corporate governance, business strategy, and operational and financial capabilities, among others.

 

Commenting on the appointments, Mr. Ashwin Mittal, Chairman, Managing Director, and Chief Executive Officer, Course5 Intelligence, said, “We are pleased to welcome four distinguished personalities to Course5’s Board of Directors - Mr. Vikas Khemani, Ms. Vinati Saraf Mutreja, Mr. Simon Chadwick and Mr. Anupam G. Mittal. We believe that Course5 Intelligence will benefit greatly from their diverse experience, in-depth knowledge, and proficiency. We believe that their expertise will be invaluable to the company as we embark on the next phase of growth in our journey.”

 

As per the Draft Red Herring Prospectus (DRHP), Course5 Intelligence now has seven Directors on the Board, of whom one is an Executive Director, two are Non-Executive Non-Independent Directors and four are Independent Directors including one woman Independent Director.

 

Mr. Vikas Khemani has, in the past, been associated with Edelweiss Securities Limited for over 16 years where he served as President - of Institutional Equities. He has been part of the FICCI’s Capital Markets Committee since 2017. He was also a member of CII’s National Council on Corporate Governance for the years 2016-17 and 2017-18.  He is an associate member of the Institute of Chartered Accountants of India.

Ms. Vinati Saraf Mutreja has been with Vinati Organics Limited for over 15 years and currently serves as their Managing Director and CEO. She holds a Bachelor’s degree in Applied Science and a Bachelor of Science degree in Economics from the University of Pennsylvania. Ms. Vinati has won the “Outstanding Woman Business Leader” award in Family Business Awards 2019 organized by The Economic Times and has also been listed among “40 under Forty” by The Economic Times in 2019.  

Mr. Simon Chadwick is a Co-Managing Partner and fifty percent equity holder at Cambiar LLC since June 2004. Mr. Simon holds a Master’s degree in Arts from Exeter College, Oxford University. He has also completed the "Leading Change and Organisational Renewal" program at Harvard Business School. He has been recognized in Insight250 as an innovator by mTab in 2021 and was also recognized for his ‘distinguished service and leadership as Chair of the Board of Directors’ by Insights Association in 2017. He has served as a member of the Board of Trustees of the Marketing Science Institute and has received a certificate of appreciation from CASRO.

 

Mr. Anupam Mittal is the founder of People Group (Shaadi.com and Mauj) and is currently their CEO. He has been awarded the “Outstanding Serial Entrepreneur & Angel Investor” award by TiE Mumbai in 2020. He holds a degree in Business Affairs from Boston College.

 

About Course5 Intelligence Limited

Course5 Intelligence Limited focuses on helping organizations drive digital transformation using artificial intelligence (“AI”), advanced analytics, and insights. Course5’s AI-driven products and solutions and IP-led solutions are supported by industry-specific domain experience and leverage the latest technologies and aim at enabling organizations to solve complex issues relating to their customers, markets, and competition at speed and scale. Course5 combines a multi-disciplinary approach to data integration across structured and unstructured data sources to help businesses grow through informed decision-making.

 

Disclaimer:

COURSE5 INTELLIGENCE LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its Equity Shares and has filed the DRHP with SEBI on January 9, 2022. The DRHP shall be available on the website of SEBI at www.sebi.gov.in, as well as on the websites of the Stock Exchanges i.e. BSE and NSE at www.bseindia.com and www.nseindia.com, respectively, and is available on the websites of the BRLMs, i.e. Axis Capital Limited and JM Financial Limited at www.axiscapital.co.in and www.jmfl.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, please see the section entitled "Risk Factors" of the Red Herring Prospectus, when available. Potential investors should not rely on the DRHP filed with SEBI for making any investment decision.

The Equity Shares have not been and will not be registered under the U.S. Securities Act and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) and applicable U.S. state securities laws. Accordingly, the Equity Shares are only being offered and sold outside the United States in “offshore transactions” as defined in and in reliance on Regulation S under the U.S. Securities Act and in each case, in compliance with the applicable laws of the jurisdictions where offers and sales are made. There will be no public offering of Equity Shares in the United States.

 

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