The Vembanad House is promoted by Mr. Balakrishnan and Ms Sandhya Balakrishnan, the husband-wife duo belonging to the ancient Mayithara family of Alappuzha.

Predominantly an exporter of seafood Mr. Balakrishnan is gradually shifting his focus into the smokeless industry and the Vembanad House is his maiden venture.

As the grandson of Late Sri Mayithara Padmanabhan and Late Sri Pullampally Krishnan Thampi, Mr. Balakrishnan has a legacy of entrepreneurship dating back to centuries. Mayithara Padmanabhan was a leading coir exporter and businessman . He is the co-founder of S N Medical Mission Hospital near Cherthala. Pullampally Krishnan Thampi too was a visionary and had varied business interests in the field of banking and large scale farming.

 In the affairs of the Vembanad House,  Mr. Balakrishnan is ably assisted by his wife Ms Sandhya. She holds a Masters in Kerala Art and Literature and Business Administration, loves to cook and when in the throes of creativity, writes poetry. Having brought up in a spiritual ambience, Indian philosophy has deeply influenced her ideals of life.