MiPhi Semiconductors Private Limited has announced strategic leadership transitions to strengthen its market position and drive innovation. Prasad Balakrishnan has been elevated to Chief Executive Officer (CEO), while Praveen Karthickeyan joins as Senior Vice President – Data Centres, Cloud & Memory Solutions. These appointments mark a significant step in MiPhi’s journey toward technological leadership and global expansion.
Prasad Balakrishnan Steps Up as CEO
With nearly three decades of expertise in technology leadership, business operations, and innovation, Prasad Balakrishnan has played a crucial role in scaling businesses and establishing centres of excellence across storage systems, networking, and ecosystem solutions. His previous leadership roles at HFCL Limited, Hewlett Packard Enterprise, and Cray Inc. highlight his ability to drive operational efficiency and breakthrough advancements.
As CEO, Prasad will oversee MiPhi’s strategic execution, ensuring the company delivers cutting-edge NAND storage solutions to both Indian and global markets.
Praveen Karthickeyan Joins as Sr. Vice President
To further solidify its leadership, MiPhi has appointed Praveen Karthickeyan as Senior Vice President – Data Centres, Cloud & Memory Solutions. With over 19 years of experience in engineering, sales, business development, and global account management, Praveen has spearheaded multimillion-dollar technology projects at major firms like Flex and Wurth Electronics.
At MiPhi, he will lead the Data Centre, Cloud, and Memory Solutions division, focusing on business strategy, market expansion, and operational excellence. His role includes developing strategic partnerships with Enterprises, Cloud Service Providers (CSPs), and Government clients, while also managing cross-functional teams across manufacturing, sales, and business operations. His expertise will be instrumental in strengthening MiPhi’s presence in high-performance computing and enterprise IT infrastructure.
Leadership’s Vision for MiPhi’s Future
Reflecting on these leadership changes, Rahul Sharma, Co-Founder of MiPhi Semiconductors Private Limited, stated:
“Elevating Prasad to CEO and welcoming Praveen on board marks a pivotal moment for all of us at MiPhi. Their deep knowledge and expertise, combined with an exceptional track record, make them the ideal leaders to propel our ambitious growth plans forward. Under their leadership, we will continue to drive innovation, scale new heights, and make a lasting impact on the semiconductor and data centre industries in India and beyond.”
MiPhi’s Growing Influence in the Semiconductor Sector
A joint venture between Micromax and Phison Technologies, MiPhi is rapidly emerging as a key player in the Indian semiconductor space. The company specializes in custom NAND storage solutions for AI, enterprise, and automotive applications, catering to domestic and select global markets.
With an unwavering focus on innovation, strategic expansion, and technological advancement, these leadership appointments reinforce MiPhi’s commitment to shaping the future of the semiconductor and data centre industries.
