January 13, 2022: As leading Impact investing firm Caspian Debt turns 8 this year, it  has elevated Viswanatha Prasad as the Board Chair. 
After a stellar career in financial sector,  Prasad pioneered impact investment in India by setting up the first domestic equity fund for investing in Microfinance in India called Bellwether Microfinance Fund and followed that up with India Financial Inclusion Fund and Caspian SME Impact Fund, all of which made early investments in several market leading financial institutions and start-ups.
Caspian Debt was set up to fill the gap for non-dilutive funding available for first generation entrepreneurs. 
Said Prasad: “I am pleased to hand over reins of Caspian Debt to Avishek Gupta, who has been with us for over 7 years. As Investment Director, Avishek has spearheaded our foray into newer sectors, products and made data and technology central to our growth and risk management. I believe under able leadership of Avishek, Caspian Debt will continue its journey of achieving responsible growth with impact”. 
Avishek Gupta, who is designated as MD & CEO of Caspian Debt has formally taken over in December.