Overview

Gender

male

Investor Type

Angel

Sumant Sinha is the Founder and CEO of ReNew Power, a wind energy firm based in India.

From 2008 to May 2010, Sumant was the Chief Operating Officer of Suzlon Energy Ltd, the world's third largest renewable energy company (FY 2010 sales of $5 billion).

At Suzlon, Sumant shared the CEO's responsibilities with Mr. Tulsi Tanti, the founder Chairman and majority shareholder of the company.

During this period, Sumant was directly running the finance, marketing, supply chain, and organizational transformation and integration initiatives of the company.

Under his watch, Suzlon refinanced its entire outstanding debt worth $3 billion, raised additional funds of approximately $800 million, restructured $500 million of convertible bonds, generated an order book in excess of $2 billion, and turned the company around in an extremely difficult external operating environment.

Prior to joining Suzlon, Sumant set up the Aditya Birla Group's venture in the retail sector in India, Aditya Birla Retail (ABRL) and was it's founder CEO.

During a stint of 18 months he set up 600 supermarkets and 2 hypermarkets, hired over 12000 people and positioned ABRL as one of the leading retail operators in India.

From 2002 to 2007, Sumant was the Group CFO of the Aditya Birla Group, one of India's largest and most diversified business groups (market cap of USD 25 bn). He was responsible for some of the largest acquisitions in India's corporate history.

Sumant's areas of expertise are finance, business strategy, turn-arounds, start-ups and climate change issues.

Sumant has a B.Tech from the Indian Institute of Technology, an MBA from the Indian Institute of Management and a Masters degree from Columbia University's School of International and Public Affairs.

He was a Dean's Fellow at Columbia, a National Talent Scholar and is a Chartered Financial Analyst.