Gray Matters moves headquarters to India and appoints new CEO

Gray Matters Capital (GMC), an impact investment firm founded in Atlanta, has announced that it will move its headquarters to India. The company has also appointed Smita Sircar as its president and CEO.

Under her leadership GMC is moving headquarters from the US to NCR-Delhi to get closer to its customers in emerging markets.

“I believe that women are powerful. Treat us as customers and we can create the world’s most innovative and accessible services for women in India and beyond. Our job at GMC is to recruit, coach, or create ventures that believe serving low income women is good business,” Smita said.

The executive was the first employee recruited to the India office of GMC in 2016 and the architect of mobile solutions and edLABS, an $8 million fund that provided very early stage funding to “visionary edu-preneurs” for the development of 21st Century skills.

The newly appointed President and CEO of GMC began her career in 2001 with one of India’s largest private sector banks, ICICI Bank and managed a savings product with deposits of two deposits pounds while based in London.

The new leader of GMC also helped launch ICICI correspondent banking out of Hong Kong and was on the start-up team of impact consultancy Volans (UK), where she learned her ecosystem approach and the power of simple connections.

Smita Sircar has an Electrical Engineering degree and an MBA in Finance from SP Jain Institute of Management & Research and has also earned a Masters in International Organization from the University of Geneva. The vastly experienced leader has lived and worked in Africa, Asia, Europe, and the US with both for-profit and not for profit institutions.