VEF AB, announced the promotion of Shashi Mahajan to the position of Principal as the company continue to increase its focus on the India Fintech opportunity. Shashi joined VEF in 2020, with a background in private equity in the India Market with True North and deep understanding and deal experience in the local financials space. Working closely with VEF CIO, Alexis Koumoudos, since joining, he has been key to expanding its India footprint, partnerships and portfolio holdings.

While his value add to the firm goes well beyond its growing India franchise, this promotion reflects both his delivery and potential, coupled with the growing opportunity and resources merited by the India Fintech market.