New Delhi, June 13 -- Private equity firm TVS Capital Funds (TCF) has reconstituted its board of directors as it eyes investment opportunities in technology-enabled sectors while maintaining its core focus on financial services.

Three long-serving board members-R. Thyagarajan, Rajeev Gupta and Pradeep Kumar-have stepped down after completing their tenures. Thyagarajan, a founding figure in the firm's journey, will continue in an honorary role as "Mentor Emeritus".

Joining the board are Shyam Srinivasan, former managing director (MD) and chief executive officer (CEO) of Federal Bank, as independent director and chair of the advisory board; Subhasri Sriram, MD and CEO of Shriram Capital; and Mithun Sacheti, founder of CaratLane. The appoi...