Ascent Capital
Ajay is a founding member of the Firm and was closely involved in setting up the Firm. He has over 24 years of professional experience and brings a deep understanding of Indian entrepreneurs, capital markets, financial structuring, and matters relating to taxation and regulations. He also brings a considerable network of relationships with the banking community, financial institutions and regulatory bodies. At Ascent Capital, Ajay focuses on investments in consumer, pharmaceuticals, technology, and agri sectors. Besides, raising funds from institutional investors has been part of his responsibilities across all the three funds.
Previously, Ajay worked with UTI for nearly seven years across diverse fund management roles. In his last stint there, he managed the India Access Fund, the first India dedicated offshore index fund. He played a key role in UTI’s investment monitoring team and was involved in restructuring several companies across diverse sectors.
Ajay qualified as a Chartered Accountant where he was amongst the top rankers in India. He holds a B.Com. from Shri Ram College of Commerce and is also a qualified Cost Accountant.
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Ascent Capital
Ascent Capital is one of India's leading Private Equity firms. Since their inception in 2000, they have helped over 40 entrepreneurs fulfill their dreams. They currently manage approx. US$ 600 million across three funds.