Member of the IC
Mr Ajit Kumar Kumar is the Member of the IC. Since joining Evolvence India Fund in 2009, Mr. Kumar is leading the core operations of the Evolvence India Fund, from deal origination to monitoring investments to creating exits.
Mr. Kumar represents Evolvence India Fund on the Board of co-investment companies as well as the Investment Committees of the underlying funds. Mr. Kumar is also responsible for developing relationships with private equity managers, strategic direction of the platform, business development, and investor and regulatory relations.
Prior to joining EIF I, Mr. Kumar worked with Galfar Group, a leading family office in Oman where he was managing a diversified portfolio of investments. Mr. Kumar’s private equity investments include 120 funds across strategies from venture to buyouts, across vintages, in both developed and emerging markets. Mr. Kumar also invested as an LP in EIF I and some of its co-investments during his stint at Galfar Group. Mr. Kumar has also co‐invested with several other Indian PE funds and has been involved in M&A, consolidation and management buyouts. Mr. Kumar has served on the boards and sub-committees of various public and private entities in BFSI, steel, construction, engineering, chemicals, education and other sectors in India.
Mr. Kumar has 22 years of experience in investing including private equity funds, co‐investments and direct investments in India. He holds an MBA in Finance from Madurai Kamaraj University, India and MSc Finance (M&A), University of Wales, UK.