Siddharth Sthalekar

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Bio

"In 2010, Siddharth Sthalekar quit his job at Edelweiss Capital heading one of India’s largest equity derivatives and algorithmic trading desks. He gave up this prestigious position not for a more lucrative opportunity at Merrill Lynch or Bajaj Capital, but to volunteer in an ashram. Disillusioned with the culture of consumption and accumulation he saw in the world of finance, he believed our true nature was to build trust and mutual generosity in enduring relationships, but that this natural tendency was stifled by systems that failed to nurture our best qualities.

Sthalekar stayed at Sabarmati Ashram, a former residence of Mahatma Gandhi, for four years. During that time he opened and managed a gift economy restaurant, Seva Cafe, a project that flourished into a collective movement called Moved by Love, promoting “a cultural shift from Transaction to Trust, Scarcity to Abundance, Isolation to Community and Consumption to Contribution.”

Now, Sthalekar is making a comeback into the world of capital markets — in a manner of speaking — this time with a radically different definition of ‘capital’ that reflects the transformation he’s undergone over the past eight years.

His new venture is called Sacred Capital, which he says will be the social fabric for a radically new economy." (https://holochaincitizen.com/2018/10/07/the-yin-and-yang-of-wealth-qa-with-the-founder-of-sacred-capital/)


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