Ajit Mahadevan
Country Director @ Acumen
Mumbai, India
Ajit Mahadevan is a seed investor at Acumen in Mumbai focused on Nutrition and Non Profit. Ajit joined Acumen from Ernst & Young, where he served as Advisory Partner & Leader (Life Sciences). Prior to this, Ajit was President of Piramal Healthcare, a leading pharmaceuticals company in India, where he built the international business from inception in 2002 to $300M by the end of 2008.
- Total investments:
- 3
- Last investment:
- Lead investor:
- 100%
Last updated:
For AI agents: llms.txt
Industries Ajit Mahadevan invests in
Stages Ajit Mahadevan invests in
Countries Ajit Mahadevan invests in
Contacts
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Investment Focus
Industry
- Nutrition 1 (33%)
- Non Profit 1 (33%)
- Agriculture 1 (33%)
- Real Estate 1 (33%)
- Food Processing 1 (33%)
Stage
- Seed 2 (67%)
- Series A 1 (33%)
Investments
| Company | Description | Round | Links |
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Under the Mango Tree is a hybrid social enterprise that brings a variety of natural, organic, and sustainable honey to support rural livelihoods. UTMT aims to promote community-based beekeeping as a specific solution to declining agricultural productivity and improvement of livelihoods of marginal farmers across India. | $446.7K / Seed / Jun 14, 2016 | |
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Aarusha provides safe, well-priced, high value rental housing solutions to low income migrants in urban India. | Seed / Jan 27, 2016 | |
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The two year old firm was started by Symbiosis Institute of Management alumnus Patidar and has grown its network to work with 23,000 farmers from more than 300 villages across five districts in Madhya Pradesh. It also operates 272 primary milk collection centres, where milk is tested and evaluated, and smallholder farmers receive an instant receiptfor the quality and quantity of milk delivered. | $1.6M / Series A / Sep 05, 2015 |
About Acumen
Acumen is a nonprofit venture fund that invests in early-stage companies bringing critical services like agriculture, clean energy, education, financial inclusion, healthcare and workforce development to low-income communities in 14 countries across East and West Africa, South Asia, Latin America, and the United States. Since 2001, Acumeninvested $128 million in 128 companies that have transformed the lives of over 308 million low-income people.
Acumen Contacts
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Adekemi Ajayi
Regional Director, West Africa
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Carsten Stendevad
President and CIO
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Veenu Aulakh
Director
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Ajit Mahadevan
Country Director
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Amon Anderson
Director
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FAQ
What does Ajit Mahadevan invest in?
Ajit Mahadevan invests primarily in Nutrition, Non Profit and Agriculture startups, most often at Seed and Series A stage. Most of the 3 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.
How do I contact Ajit Mahadevan?
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When did Ajit Mahadevan last invest?
The most recent investment recorded for Ajit Mahadevan closed in Jun 2016. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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