Vikram Akula

Who thought that a microfinance company has the ingredients to go IPO, but Vikram Akula succeeded in taking SKS Microfinance for IPO. SKS Microfinance is a non-banking finance company that is regulated by the Reserve Bank of India. It went IPO in August 2010 and was oversubscribed over 20.38 times in the qualified institutional buyer category due to its assets quality and uniqueness of its issue enticed the investors.

Akula is the founder and former chairperson of SKS Microfinance. He is the author of A Fistful of Rice, My Unexpected Quest to End Poverty Through Profitability, that were published by Harvard Business Press. He has several awards to his credit.