Evolvence Group Team

Ajit-Kumar

Ajit Kumar

Managing Director – Evolvence India Fund

Ajit Kumar leads Evolvence India Fund PCC, an India focused fund of funds sponsored by Evolvence Capital. In this capacity, Mr. Kumar oversees the core operations of the fund, from deal origination to exit as well as investor relations. Mr. Kumar serves on the board of some of the co-investment companies as well as the investment committees of the underlying funds. Prior to joining EIF, Mr. Kumar worked with Galfar Group, a leading family office in Oman where he was managing a diversified portfolio of investments. During Mr. Kumar’s investment career spread over 18 years, he has been involved in private equity investments in more than 130 funds from venture, mezzanine, growth capital, buy outs, secondaries and real estate across various geographies. Mr. Kumar has been involved in investments in hedge funds, equity and equity linked securities, debt securities, structured products, special situations, event driven strategies, and distressed opportunities, amongst others.

Mr. Kumar has also been responsible for several direct and co-investment deals at his previous positions. Mr. Kumar has been investing in private equity in India since the early 1990’s and has seen several cycles in this asset class. Mr. Kumar brings with him a wealth of experience and knowledge of diverse industries such as banking and financial services, steel, chemical, marine and food processing, services, construction and engineering amongst others, through his representation on the board and sub committees of various companies. Mr. Kumar holds an MBA in Finance from Madurai Kamaraj University, India and had successfully completed a program on Futures and Options from the Chicago Mercantile Exchange, USA.