Ajay Hattangdi is the Chief Operating Officer for InnoVen Capital Group where has overall executive responsibility for driving the Group’s international expansion, and Chief Executive Officer responsible for leading the Group’s business in India. Ajay is widely recognized as the pioneer of the venture lending segment of the corporate finance industry in India. He has worked with venture capitalists and entrepreneurs in introducing the concept of venture lending in India since 2005. FINTECH ASIA recognized Ajay as among the Top 100 Leaders shaping finance across the Asian region in 2016.
Ajay is the founder of InnoVen Capital, India’s first and largest provider of venture debt solutions to venture backed companies. The company is now positioned to expand its offering to other markets in Asia with the setting up of InnoVen Capital in Singapore. Ajay is on the advisory board of Mumbai Angels which is among the largest angel groups in India and a member of the steering committee of the Association of Indian Angel Groups. Ajay has an MBA from the State University of New York at Buffalo.
Started in 2008, InnoVen Capital is India&rsquos first and largest venture debt and specialty lending business. InnoVen Capital India, erstwhile SVB India Finance, was rebranded as a result of being acquired by Temasek Holdings in 2015. Since inception, InnoVen Capital has backed almost 100 leading high growth venture capital-backed companies with loan commitments of close to $200 million across Asia.