Nupur Garg

Chairperson & Non-Executive & Independent Director at Cloudnine Hospitals

Nupur Garg is a leading investor in private equity and venture capital and an expert advisor to large institutional investors. Currently based in Gurugram, she is the founder of WinPE, an initiative to enhance gender diversity in investing and entrepreneurship.

A seasoned professional with over 25 years of experience in private equity and venture capital, finance and operations, she serves on the boards of companies across sectors including Indigo Paints Limited, Kerala Infrastructure Fund Management Limited and SIDBI, the Indian development finance institution. She is an independent member of the investment committee at the Fund of Funds managed by the National Investment and Infrastructure Fund (NIIF), the quasi-sovereign wealth fund sponsored by the government of India, and an advisor to and a member of the investment committee for the Dutch Good Growth Fund (DGGF) investment funds mandate given by the Dutch government for investments in SMEs in frontier markets across 75 countries. She has also served as an external expert on the investment committee for the INR 10,000 crore Fund of Fund for Start-ups for investing in the Indian start-up ecosystem. Nupur has been listed in the Forbes W-Power list of Self Made Women in 2020, among India’s top 100 Women Leaders in Finance (AIWMI 2019) and is a recipient of the prestigious Women Empowerment Entrepreneur Award 2019-20 and the Business Excellence and Innovative Best Practices - Academia Award 2019.

In her last and most recent full-time role, Nupur led the private equity and venture capital funds business in the region for IFC. A qualified CA and an MBA from MIT Sloan School of Management, with executive education from Harvard Business School, Nupur loves to spend time with her family, travel to new places, read and do 1000-piece puzzles.