Alternative Investment Policy Advisory Committee (AIPAC)

#	Members Details	Capacity
1	Dr. Janmejaya Sinha Chairperson, Boston Consulting Group (India)	Chairperson
2	Mr. Srinivasan Varadarajan Non-Executive Chairman, Union Bank of India	Member
3	Mr. Manoj Mittal Chairman and Managing Director, Small Industries Development Bank of India (SIDBI)	Member
4	Mr. Sanjeev Aggarwal Managing Director & CEO, National Investment & Infrastructure Fund (NIIF)	Member
5	Mr. Vipul Roongta Managing Director & CEO, HDFC Capital Advisors	Member
6	Mr. Manish Jain Managing Director, Ares SSG Capital Management Pvt Ltd	Member
7	Mr. Naresh Kothari Managing Partner, Alpha Alternatives Fund Advisors LLP	Member
8	Mr. Siddharth Pai Founding Partner & CFO, 3one4 Capital	Member
9	Mr. Sanjeev Vaidyanathan Founder - Partner, Eternity Capital LLP	Member
10	Mr. Vaidya Nathan K Faculty Director-PGP Finance, Indian School of Business	Member
11	Mr. S. Sriniwasan Vice Chairperson, Indian Venture and Alternate Capital Association (IVCA)	Member
12	Mr. Saurabh Jhalaria Member, Equalifi	Member
13	Mr. Gautam Mehra Partner, PwC	Member
14	Mr. Tejesh Chitlangi Managing Partner, IC RegFin Legal	Member
15	Mr. Rajiv Raghunandan Partner, Arali Ventures LLP	Member
16	Mr. Vineet Rai Founder and Chairman, Aavishkaar Group	Member
17	Mr. Jiju Vidyadharan Senior Director, CRISIL Intelligence	Member
18	Ms. Shweta Rajpal Kohli President & CEO, Startup Policy Forum	Member
19	Mr. Rajan Anandan Managing Director, Peak XV Partners	Member
20	Mr. Dinesh Pant Managing Director, Life Insurance Corporation of India	Member
21	Ms. Ruchi Chojer Executive Director, SEBI	Member
22	Ms. Aparna Thyagarajan Chief General Manager, SEBI	Member Secretary

Terms of reference of the Committee:

The terms of reference of the Alternative Investment Policy Advisory Committee are as under:

I. To advise SEBI on issues related to the further development of the alternative investment and start-up ecosystem in India.

II. To advise SEBI on any hurdles that might hinder the development of the alternative investment industry under its purview.

III. To advise SEBI on any market practice in the nature of abuse/misuse or any market development, which requires regulatory intervention or attention.

IV. To advise SEBI on any issues which need to be taken up with other regulators for development of the alternative investment industry.

V. Any other item relevant to alternative investment industry and development of the start-up ecosystem in India.