# Max India

> Max India is a VC fund backing Energy, Banking and Lending. See 2 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Total investments: 2
- Last investment: Sep 2022
- Lead investor: 0%
- Last updated: Aug 2026

Max India is a VC fund focused on Energy and Banking.

## Contacts

5 contacts available for Max India. Shizune tracks 2 team members at Max India. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/max-india?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 1 | 50% |
| Banking | 1 | 50% |
| Lending | 1 | 50% |
| Debit Cards | 1 | 50% |
| Micro Lending | 1 | 50% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 50% |
| Post-IPO Equity | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Rajit Mehta | Managing Director | 2 | https://shizune.co/investors/profile/rajit-mehta |
| Rajiv Ahuja | Team Member | 1 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Ujjivan Small Finance Bank | Ujjivan Small Finance Bank Limited is a mass market focused bank in India, catering to financially unserved and underserved segments and committed to building financial inclusion in the country. Our Promoter, Ujjivan Financial Services Limited (UFSL) commenced operations as an NBFC in 2005 with the mission to provide a full range of financialservices to the ‘economically active poor’ who were not adequately served by financial institutions. | $59.6M | Post-IPO Equity | Sep 16, 2022 |  |
| Smart Joules | Smart Joules is an energy management company. | $4.1M | Series A | Mar 17, 2021 |  |

2 of 2 investments shown.

## Co-investors
- [ADB Ventures](https://shizune.co/investors/profile/adb-ventures) — VC Fund, 1 deal together
- Aditya Birla Sunlife Mutual Fund — VC Fund, 1 deal together
- Bajaj Life Insurance Limited — VC Fund, 1 deal together
- [cKinetics Accelerator](https://shizune.co/investors/profile/ckinetics-accelerator) — VC Fund, 1 deal together
- [HDFC Standard Life Insurance](https://shizune.co/investors/profile/hdfc-standard-life-insurance-company) — VC Fund, 1 deal together
- ICICI Prudential Life Insurance — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Max India invest in?

Max India invests primarily in Energy, Banking and Lending startups, most often at Series A and Post-IPO Equity stage. Most of the 2 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 Max India?

For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Max India?

The team at Max India includes Rajit Mehta (Managing Director) and Rajiv Ahuja (Team Member). The Team section lists each member with their title, investment count and links.

### 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 Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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