BNIX

Unit Split

Bannix Acquisition Corp.

Raised
$69M
CIK
1845942
Focus
Software, Technology, Telecommunications, Retail, Financial Services
External link: SEC Filings

SPAC Team

Leadership

Subash Menon has been our Chairman of the Board of Directors and Chief Executive Officer since January 2021. He is also the Chief Executive Officer of Pelatro Plc, an AIM and LSE listed entity. Pelatro Plc offers campaign management and loyalty management solutions for telecommunication companies and these solutions are part of the overall Customer Engagement space within the telecom industry. At Pelatro, Mr. Menon is responsible for sales, marketing, finance, legal and investor relations. Prior to co-founding Pelatro in 2013, Mr. Menon had founded and led Subex Limited for 20 years (from 1992 to 2012). Mr. Menon successfully took Subex from startup stage, through an IPO to a company that generated revenue of over $110 million, with 200 customers across 80 countries. During that period, Subex completed several acquisitions of companies in the U.S., UK and Canada. Under Mr. Menon’s leadership, Subex achieved several milestones – the first software product company to list in India, the first Indian software company to acquire an overseas company and the first Indian company to use GDR as an instrument for acquisition. For the innovative achievements Mr. Menon achieved at Subex, he was named a “Mover & Shaker” in the Indian software industry. Subex also won the “NASSCOM Innovation Award” and “One of the 8 Most innovative Companies” award from NASSCOM. Mr. Menon has a graduate degree in Electrical Engineering from National Institute of Technology, Durgapur and is a Distinguished Alumnus. Mr. Menon has presented numerous papers on business at international fora.

Sudeesh Yezhuvath has been a Member of our Board of Directors and Chief Operating Officer since January 2021. He is also the Chief Operating Officer of Pelatro Plc, an AIM and LSE listed entity. Pelatro Plc offers campaign management and loyalty management solutions for telecommunication companies and these solutions are part of the overall Customer Engagement space within the telecom industry. At Pelatro, Mr. Yezhuvath is responsible for engineering, implementation, customer support, human resources and product management. Prior to co-founding Pelatro in 2013, Mr. Yezhuvath was the Chief Operating Officer of Subex Limited for 19 years (from 1993 to 2012). During his tenure at Subex and currently at Pelatro, Mr. Yezhuvath has completed acquisitions for which he was responsible for handling all post-acquisition integration activities. Mr. Yezhuvath is a graduate engineer from NSS College of Engineering in India and has presented numerous papers on technology at international fora.

Nicholos Hellyer has been our Chief Financial Officer since January 2021. He is also the Finance Director of Pelatro Plc and is responsible for all financial aspects of the IPO process, including historic reporting and IFRS conversion. Mr. Hellyer qualified as a Chartered Accountant with KPMG, London. Mr. Hellyer is a former Senior Investment Banker at UBS, HSBC, and Opus Corporate Finance. Nicholos has advised small and midcap companies in a broad range of transactions, including IPOs, fundraisings and M&A for growth and entrepreneurial companies. Mr. Hellyer has held non-executive director roles in companies quoted on the UK AIM and the Swedish Nasdaq First North markets. He graduated with First Class Honors in Geography and Geology from Kings College, London.

Dr. Hossein Eslambolchi, currently a director nominee, will serve as an independent director on our board of directors following the completion of this offering. He is currently the Chairman and CEO of CyberFlow Analytics and 2020 Venture Partners, was Director of Clearwire Corporation from 2010 to 2013 and is on the board of directors for Hyperoffice. Dr. Eslambolchi also serves on the board of advisors to the University of California San Diego School Of Engineering, Allegis Capital VC, SquareZero, RainStor, Prodapt, Tickets48 and PureWave Networks and serves as a member of the board of trustees for the Shiraz University School of Medical Sciences in New York City. Dr. Eslambolchi is regarded in the scientific community as an expert in IP network design and reliability, security, IP technologies, services, IP applications and setting an industry vision for “the “Concept of One” and the “Concept of Zero,” which have been used to streamline production, as well as the “Concept of None”. Dr. Eslambolchi is also known in the industry for the “Eslambolchi Law of Complexity”. Dr. Eslambolchi joined AT&T Bell Laboratories in 1986 and rose to become global CTO and CIO, President and CEO of AT&T Labs and AT&T Global Network Services and was a 16b officer of the company as of 2001. He also served on AT&T’s governing Executive Committee. Dr. Eslambolchi completed BS, MS, Ph.D. and Post Doc degrees in Applied & Astro Physics along with MD in Neurosurgery with highest honors from University of California San Diego. Further, he holds over 1,000 patents worldwide; won “AT&T Fellow Award” in 1999, AT&T’s highest technical honor; won “Thomas Alva Edison Inventor of the Year Award” instituted by the New Jersey Inventors Hall of Fame in 1997 and 2013 and is among the Top 100 alumni in the history of the University of California San Diego.

Dr. Kumar Shiralagi, currently a director nominee, will serve as an independent director on our board of directors following the completion of this offering. Dr. Shiralagi has been an investment advisor in the venture capital/private equity space since 2003. He is a former Managing Director at Kalaari Capital Advisors in India and previously served as India country head and Director for Intel Capital’s investments in South Asia. Dr. Shiralagi played key roles as an investor and a board member for the investments made by Kalaari and Intel Capital. Previously, Dr. Shiralagi was a scientist at Motorola Research Laboratories in the field of high-speed devices, optoelectronics and nanotechnology, published over 60 papers in reputable journals and has 23 issued patents. After Dr. Shiralagi received his MBA from Thunderbird, he joined Mortorola Ventures where he began his career investing in technology companies . Dr. Shiralagi also co-founded and was the COO at Lytek Corporation, a manufacturer of surface emitting lasers based in Phoenix, Arizona. Dr. Shiralagi graduated in Electronics and Communications from National Institute of Technology, Surathkal and completed MS and PhD in Electrical Engineering from Arizona State University.

Mr. Vishant Vora, currently a director nominee, will serve as an independent director on our board of directors following the completion of this offering. Mr. Vora is a technology executive with over 30 years of experience in the telecom industry across the Americas, Europe and Asia and is currently the President of Global Operations and Managed Services at Mevenir with responsibility for global end-to-end business operations including network design, rollout and deployments, solutions and systems integration services, managed services and related strategic initiatives. Previously, Mr. Vora led the technological transformation at Vodafone Romania as the CTO helping to grow the subscriber base over 12 timesand was a member of the Vodafone Global Technology Board responsible for the technological direction and strategy for the Vodafone Group. As CTO of Vodafone Idea, India, Mr. Vora successfully integrated the networks and operations of Vodafone Idea, India into a global behemoth with over 300 million subscribers. At Vodafone Idea, India, Mr. Vora oversaw a budget of approximately $4.5 billion and lead a team of approximately 6,000 people. Mr. Vora also won the “CTO of the Year in India” award in 2014. Mr. Vora is an alumnus of the Harvard Business School where he completed the General Management Program in Business Administration and received his undergraduate degree in Electrical Engineering from Lawrence Technological University.