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Key people at Evolvence India Fund.
Evolvence India operates as a platform providing comprehensive solutions for investing in Indian private markets, spanning venture capital and private equity. It functions as a hybrid private equity fund, focusing on strategic investments across India and offering clients structured access to alternative investment opportunities.
Established in 2006, the firm was founded with the strategic insight to create an independent vehicle dedicated to private market investments within India, addressing growing demand for structured access to the region's burgeoning economy. Ajit Kumar and Rohit Batra serve as Managing Partners, leading the firm’s investment strategy.
Evolvence India serves sophisticated investors by channeling capital into top-performing India-focused managers within private equity and venture capital. The firm’s vision is to identify and curate best-in-class investment opportunities, aiming to deliver attractive returns and facilitate long-term capital appreciation in one of the world's fastest-growing major economies.
Key people at Evolvence India Fund.
Evolvence India Fund has 8 tracked investments across 6 companies. The latest tracked deal is $30.0M Other Equity in AgroStar in November 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 20, 2025 | AgroStar | $30.0M Other Equity | Siddarth Shrikanth | Aavishkaar Capital, Bertelsmann, Chiratae Ventures, Hero Enterprise |
| Dec 26, 2022 | Moneyview | $75.0M Series E | Matteo Stefanel | Tiger Global, Winter Capital |
| Mar 9, 2022 | Moneyview | $75.0M Series D | — | Accel, Tiger Global, Winter Capital |
| Oct 11, 2021 | Veritas Finance | $58.6M Series F | Caspian, Kedaara Capital, Shiv Chaudhary | Growth Catalyst Partners |
| Feb 1, 2021 | Infra.Market | $100.0M Series C | Tiger Global Management | Foundamental, Gokul Rajaram, Prashanth Prakash, Nexus Venture Partners, Sistema Asia Fund |
| Aug 31, 2020 | HomeLane | $820K Debt / Other Equity | Ishpreet Gandhi | Hari Kumar, Accel, JSW Ventures, Sequoia Capital |
| Dec 23, 2019 | HomeLane | $30.0M Series D | Evolvence India Fund, FJ Labs, Pidilite Group | Prashanth Prakash, JSW Ventures, Sequoia Capital |
| Jan 3, 2018 | SK Finance | $31.5M Other Equity | Niren Shah | Baring Private Equity India |