Fund Manager

About Ekamya Capital

Ekamya Capital is an investment management firm focused on creating long-term value for investors and entrepreneurs. Built on the principle of unity and a single goal of prosperity, the firm operates across the Indian market with a strong focus on Pre-IPO opportunities and asset management.

We invest in high-potential businesses across manufacturing, consumer goods, and technology, supported by a team of certified financial advisers and experienced fund managers. The firm manages the Ekamya Pragati Fund, a Category I AIF (SME) registered with SEBI (IN/AIF1/24-25/1768), and offers tailored solutions supporting companies from early-stage growth through IPO and beyond.

We are now launching a new Category II AIF, and this role will lead it from the ground up.

The Role

The Fund Manager will own the fund end-to-end: investment strategy, evaluation, execution, and portfolio performance. This is a founding-team position on a fund being built from scratch, so the mandate spans origination through exit and involves building systems as you go.

Location: Magnum Global Park, Sector 58, Gurugram, Haryana. This is an in-person role. We expect the person to be in the office on all working days. We have a strong preference for candidates residing close to our office location.

Key Responsibilities

1. Deal Sourcing and Investment Evaluation

• Build and manage a proprietary deal pipeline across the fund's target sectors and stages through direct origination, intermediary networks, and founder and promoter relationships
• Screen inbound and sourced opportunities against the fund's investment thesis, sector focus, and return hurdles
• Prepare first-cut evaluation notes and recommend which opportunities proceed to full diligence

2. Financial Modelling and Valuation

• Build and stress-test financial models covering unit economics, cash flow, and return waterfalls
• Apply appropriate valuation methodologies (DCF, comparable company and transaction multiples, precedent transactions) by asset stage and sector
• Develop entry and exit scenarios and sensitivity analyses to support Investment Committee decisions

3. Due Diligence and Transaction Execution

• Lead end-to-end diligence across commercial, financial, legal, and management workstreams, coordinating external advisers as needed
• Draft Investment Committee memos with clear theses, risk flags, and recommendations
• Negotiate term sheets and definitive agreements and manage transactions through to financial close

4. Portfolio Monitoring and Value Creation

• Track portfolio company performance against thesis and financial covenants and maintain a live portfolio dashboard
• Engage with management teams and boards on strategy, governance, and growth
• Drive value-creation levers including follow-on financing, strategic partnerships, and operational improvements
• Flag early-warning signals and lead remediation or exit planning where required

5. Portfolio Construction and Asset Allocation

• Optimise allocation across the fund in line with mandate and risk-return objectives
• Assess risk-return profiles at both position and portfolio level
• Interpret financial statements, industry trends, and macroeconomic data to inform positioning

6. Investor Relations and Fundraising

• Support the partners in raising the fund's target corpus by building LP pipelines, preparing collateral, and driving investor meetings
• Prepare and present portfolio and fund performance updates to existing and prospective LPs
• Contribute to pitch decks, PPM inputs, factsheets, and other investor-facing materials with SEBI-compliant marketing language

7. Regulatory and Compliance Oversight

• Ensure investment activity remains compliant with SEBI (AIF) Regulations, 2012, and applicable circulars
• Work with the compliance officer and trustee on periodic SEBI reporting, PPM adherence, and audit requirements
• Maintain deal-level documentation and audit trails to institutional standards

Candidate Profile

Qualifications

• CA, CFA, MBA (Finance), or equivalent professional qualification
• Degree in Finance, Economics, Business, or a related field
• NISM Series XIX-C (Alternative Investment Fund Managers) certification preferred. Series XIX-D or Series III-C (Portfolio Managers) a plus

Experience

• 5+ years in AIF, Private Equity, Venture Capital, Investment Banking, PMS, or Asset Management
• Track record across at least a partial deal cycle, from sourcing through diligence, execution, or portfolio monitoring
• Exposure to Pre-IPO investing, SME-focused fund structures, or capital markets
• Fund-level investor reporting or fundraising experience is an advantage

Core Competencies

• Strong grounding in valuation, financial modelling, and risk assessment
• Working knowledge of the AIF regulatory and tax framework, including pass-through taxation under Section 115UB, waterfall mechanics, and SEBI compliance
• Comfort with ambiguity and building process from scratch
• Sharp written and verbal communication for IC memos, LP materials, and management interaction
• High integrity, attention to detail, and the ability to work independently and collaboratively

Compensation

Compensation will be determined by the candidate's experience and skill set.

How to Apply

To be considered for this position, you must complete a short project by August 16, 11:59 PM.

Go to Ekamya's website ( and read about our investment thesis, then do some research about our existing investments to understand how we apply our thesis in practice. Once you have a clear view of why we backed our portfolio companies and how they fit the thesis, identify three companies you believe best align with our thesis.

Write a note of maximum 250 words on each company covering how it aligns with our thesis and why it is poised for growth over the next few years. The companies do not need to be currently raising capital or fundraising. What matters is fit with our thesis and the clarity of your reasoning.

Send your submission to ea.gk@ekamya.com with two PDFs attached: your resume and your project.

ANY APPLICATIONS SUBMITTED THROUGH WILL NOT BE CONSIDERED.