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Indian Angel Network > Madhav Sikka

Madhav Sikka

Group CFO, IAN ; Managing Partner

Madhav is a Chartered Accountant with over 35 years of experience across automotive, software services, hospitality, and the early-stage startup ecosystem. He brings deep expertise in treasury management, mergers and acquisitions, fundraising, governance, and building high-performing finance teams. Over his career, he has raised capital from leading banks and financial institutions, guided IPO processes, and managed cross-border operations with global stakeholders.

He began his career at Escorts Limited, spending more than a decade in its motorcycle, automotive, and construction equipment businesses, where he rose to the position of Financial Controller. He then served as Finance Director at Xansa India Ltd, the Indian subsidiary of a FTSE 200 UK-based software services company, overseeing finance and working closely with teams in the UK and US.

Madhav went on to spend over a decade as Group CFO at the Lalit Suri Hospitality Group, where he shaped financial strategy, drove M&A initiatives, and raised capital from both Indian and international markets. He also played a key role in establishing governance systems and preparing the Company for an IPO.

For the past seven years, Madhav has been part of the IAN Group, heading Finance and Legal. In addition to ensuring strong governance for the Group, he works closely with portfolio companies on treasury management, cash flow planning, and financing strategies. Known for his steady counsel and problem-solving approach, he actively mentors entrepreneurs, helping them build robust financial practices and investor readiness.