Pranay Adhvaryu

Head Of Investments

2022 - Current

Gray Matters Capital is an impact focused fund with $100 million of AUM. Our main theme of impact is to create a positive influence on low/ middle income groups and their livelihood. With Asia as our regional focus, we have investments across two strategies - direct investments in startups from $0.3 to $3mm capital and as fund of fund investors backing fund managers that are aligned with our impact goals

Investments

2019 - 2022

Director - Alternative Investments & Strategy

2018 - 2019

Principal

2008 - 2018

IEP is an India-focused, long-term, growth-oriented Private Equity Fund with office in Mumbai. IEP has $400 million of AUM across a portfolio of companies within two themes - consumer services / products (education, healthcare, financial services, QSR, etc) and infrastructure services (logistics)

Analyst

2006 - 2008

Analyst with Investment Banking team in Media, Telecommunications and Education sector team. Selected for a four months stint in Singapore office