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{{Short description|Entrepreneur and business executive}}
{{Infobox person
| name = Madan Padaki
| image =
| alt =
| caption =
| birth_date = {{Birth year and age |1973 }}
| birth_place = [[India]]
| death_date =
| death_place =
| education = [[S. P. Jain Institute of Management and Research]]
| occupation = [[Business executive]] and [[entrepreneur]]
| years_active =
| known_for = Co-founder and director of education management company Sylvant Advisors
| notable_works =
| spouse = Roopa Padaki
| children = 1 (Varun)
}}

'''Madan Padaki''' is an Indian [[entrepreneur]] and [[business executive]]. He is the co-founder and director of Sylvant Advisors focused on the field of education management. He is also CEO and MD of Head Held High Services, a social enterprise for rural youth, and former co-founder of MeritTrac Services, a skill assessment and testing company.

In 2011, he was conferred The Young Education Leader Award by EDGE Forum – a forum of leading educationists and educational institutions in India.<ref>{{cite web|url=http://startupsutras.org/2015/09/open-chat-with-madan-padaki|title=Open Chat with Madan Padaki|publisher=Startupsutras.org|date=2015-09-30|accessdate=2016-05-08}}</ref><ref name="ytmadanpadaki">{{cite web|url=https://www.youtube.com/watch?v=c0dUYC3UZOg|title=Head Held High - Madan Padaki - TEDxGateway|publisher=Youtube.com|date=2015-03-05|accessdate=2016-05-08}}</ref><ref>{{Cite web|url=https://www.businesswireindia.com/madan-padaki-co-founder-ceo-merittrac-services-is-chosen-young-edge-award-2011-26240.html|title=MeritTrac, Young EDGE Award 2011, Madan Padaki|website=www.businesswireindia.com|access-date=2020-03-18}}</ref><ref>{{Cite web|url=https://www.apnnews.com/madan-padaki-co-founder-and-ceo-merittrac-services-is-chosen-for-the-young-edge-award-2011/|title=Madan Padaki, Co-founder and CEO, MeritTrac Services is chosen for the Young EDGE Award 2011|language=en-US|access-date=2020-03-18}}</ref>

He serves as a senior advisor to Tata Trusts, serves on the Governing Council of TiE Bangalore, Indo-American Chamber of Commerce, Karnataka and also serves on the Governing Council of [[DOEACC]], an organisation of the Ministry of IT, Govt. of India to evaluate IT [[education in India]].<ref name="ytmadanpadaki"/><ref name="learningvisit">{{cite web|url=http://siteresources.worldbank.org/EDUCATION/Resources/278200-1121703274255/1439264-1260815500553/6646158-1261168095500/Madan_Padaki.pdf|title=South-South Learning Visit Feb 8-21 India|publisher=Siteresources.worldbank.org|accessdate=2016-05-08}}</ref><ref name="gosylvantmp">{{cite web|url=http://gosylvant.com/Ourteam.html|title=Sylvant Team|publisher=Gosylvant.com|accessdate=2016-05-08}}</ref>

== Early life and education ==
Padaki was born in India in 1973 and earned an engineering degree from the [[National Institute of Engineering]] (NIE), [[University of Mysore]], and an MBA from [[S. P. Jain Institute of Management and Research]] (SPJIMR), Mumbai.

==Career==
Padaki's first entrepreneurial venture was in 2000, when he co-founded MeritTrac, a skill assessment and training company. Manipal Education Group (MEG) bought a 70% stake in MeritTrac in which he along with his founding team continue to lead MeritTrac as an independent entity.<ref>{{cite web|url=http://economictimes.indiatimes.com/news/news-by-industry/services/education/meg-picks-up-majority-stake-in-merittrac/articleshow/2083841.cms|title=MEG picks up majority stake in MeritTrac|publisher=Economictimes.com|date=2007-05-29|accessdate=2016-05-09}}</ref> In 2011, he transitioned to Manipal Education from MeritTrac to head up Strategy, Innovation and International Partnerships before moving out in 2013. MeritTrac is today India's Largest Skills Assessment company and is recognized as a thought-leader in the sector, having won several awards like the [[NASSCOM]] Innovation Award<ref>{{cite web|url=http://www.oneindia.com/2008/02/07/merittrac-wins-nasscom-it-innovation-award.html|title=MeritTrac wins NASSCOM IT Innovation Award|publisher=Oneindia.com|date=2008-02-07|accessdate=2016-05-09}}</ref> and [[Deloitte]]'s [[Deloitte Fast 500#Deloitte Technology Fast 50|Fast 50]] India Award. MeritTrac has also been featured extensively in several books on Entrepreneurship and is also a case-study at [[INSEAD]].<ref name="gosylvantmp"/><ref>{{cite web|url=http://faculty.insead.edu/vissa/nbv/SepOct%202005%20Class%20Handouts/Merittrac-A-ver-1-4.pdf|title=INSEAD MeritTrac|publisher=Insead.edu|accessdate=2016-05-09}}</ref>

Before co-founding MeritTrac, Padaki had stints with [[Wipro|Wipro Corporation]], [[Infosys|Infosys Technologies]] and BFL Software (now EDS Mphasis). At Wipro he was attached to the Fluid Power unit in export sales and was into a product management and marketing role at Infosys. His stint at BFL Software involved a business development role and he was posted to Tokyo in a role that involved setting up their operations in the Far East.<ref name="learningvisit"/>

He was also the CEO of Erudient, a global education management company. Erudient is now active in North America, Europe, Australia and Asia Pacific with clients across these geographies and operates out of offices in New York and Singapore.<ref>{{cite web|url=https://www.aihitdata.com/company/006293A5/ERUDIENT/people|title=Erudient|publisher=Aihitdata.com|date=2015-03-09|accessdate=2016-05-07}}</ref>

===Head Held High Services===
Head Held High is a social enterprise which focuses on the development of rural entrepreneurial ecosystem. He started as a mentor and investor in 2009 as the co-founder and trustee of the Head Held High Foundation. Since 2013 he has taken the position of CEO and MD of the Head Held High Services Pvt. Ltd. based in Bengaluru. The company takes the uneducated youth under their wing and puts them through a rigorous 12-month training turning them into white-collar [[Business process outsourcing]] (BPO) employees servicing multinational corporations. This innovative approach to skill rural youth is termed as ‘RubanShakti’.

The company has also developed RubanBridge, Head Held High Services’ business transaction platform that brings in various market players to engage with business opportunities in rural India in a structured manner, across various sectors including agriculture, healthcare, education, energy, water and sanitation, transport and communication.<ref name="ytmadanpadaki"/><ref name="gosylvantmp"/><ref>{{cite web|url=http://www.thesmartceo.in/magazine/starting-up/empowering-ruban-india.html|title=Empowering 'Ruban' India|publisher=ThesmartCEO.in|date=2014-03-01|accessdate=2016-05-09}}</ref>

Padaki has also coined a term – rubanomics, a combination of rural plus urban and economics. He has also given a [[Ted (conference)#TEDx|TEDx]] talk<ref name="tedmp">{{cite web|url=https://tedxtalks.ted.com/video/Head-Held-High-Madan-Padaki-TED|title=Head Held High - Madan Padaki - TEDxGateway|publisher=TEDxtalks.ted.com|date=2015-03-09|access-date=2016-05-08}}</ref> – Eradicating Rural Poverty which elaborates on the idea of Rubanomics and its impact as a movement. The movement has won several awards, including the [[CNN]] IBN Real Heroes Award, 2011, Global Sourcing Council Award 2011.<ref name="ytmadanpadaki"/><ref name="gosylvantmp"/><ref name="tedmp"/>

In August 2013, the company raised the first round of investment of Rs 2.5 [[crore]] from angel investors in India and abroad who are focused on [[impact investment]]s. The investors include [[UTV Software Communications|UTV]] founder ([[Ronnie Screwvala]]) led Unilazer Ventures, five Angels from the Intellecap Impact Investment Network (I3N), including Pravin Gandhi, Jayesh Parekh, Reena Mithal and Sanjeev Shah, and US-based investors like Kartik Kilachand.<ref>{{cite web|url=http://www.business-standard.com/article/companies/head-held-high-raises-rs-2-5-cr-113081201180_1.html|title=Head Held High raises Rs 2.5 cr|publisher=Business-standard.com|date=2013-08-12|accessdate=2016-05-08}}</ref>

===Sylvant Advisors===
Sylvant is co-founded by Anand Sudarshan (former CEO of Manipal Global Education), Madan Padaki (former CEO MeritTrac, co-founder Head Held High Services) and PV Boccasam (serial entrepreneur, General Partner at NovakBiddle Venture Partners, US). Sylvant works with education entrepreneurs to accelerate their growth - beginning with drafting business strategies, early-stage seed investments, aiding in larger fund-raising effort, providing operational support and being a part of an entire growth journey. Sylvant currently has a portfolio of 14 education startups including GuruG, Lodestar, LabInApp, Entlogics.<ref name="gosylvantmp"/><ref>{{cite web|url=http://www.business-standard.com/article/companies/sylvant-advisors-to-help-8-education-startups-raise-6-mn-115052101281_1.html|title=Sylvant to help 8 education startups raise $6 mn|publisher=Business-standard.com|date=2015-05-21|accessdate=2016-05-09}}</ref><ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2015-09-12/news/66465802_1_letsventure-platform-shanti-mohan-startups|archive-url=https://web.archive.org/web/20150917021835/http://articles.economictimes.indiatimes.com/2015-09-12/news/66465802_1_letsventure-platform-shanti-mohan-startups|url-status=dead|archive-date=September 17, 2015|title=LetsVenture partners with Sylvant to carve out new verticals|publisher=Economictimes.com|date=2015-09-12|accessdate=2016-05-09}}</ref>

== References ==
{{Reflist}}

{{DEFAULTSORT:Padaki, Madan}}
[[Category:Year of birth missing (living people)]]
[[Category:Living people]]
[[Category:Indian chief executives]]

Madan Padaki - Revision history

Akivulhasan876: added the page with sources.