Rajit Malhotra

Co-Founder & Managing Partner

1994 - Current

August Holding is a second generation, single family office with investment holdings predominantly in public companies and real estate. Rajit’s mandate is to lead all private investments, including the direct private investment portfolio, VC LP relationships and August Holding’s In-house Venture Incubator.

Co-Founder & Chairman of the Board

2017

Dyve is a clinical stage biotech company. Dyve’s transdermal delivery science platform overturns the traditional limitations of administering therapies. Dyve has a robust internal pipeline of novel drugs and a research collaboration with a Top 10 Pharmaceutical Company on a separate set of target NCEs. It’s lead internal candidate completed a Phase 2A in 2021. For more information, please visit www.dyvebio.com.

Chairman Of The Board

2017

IHD is a high-complexity diagnostics company focused on a broad array of tests ranging from the routine to more advanced and esoteric.

Member Board of Directors

2021

Truentity is a Health Technology & Services company focused on Medication Reconciliation to Reduce Readmissions. Combining advanced technologies and clinical human-expertise to help address medication related errors and reduce hospital readmissions for Providers and Payers.

Chairman of the Board

2021

UpLyft™ is the first seated self-transfer system between bed and wheelchair for people with limited mobility.

Co-Founder and Member of the Board

2019

Vegolution, is a disruptor in the plant-based market. It’s Hello Tempayy brand provides a healthier protein alternative to vegetarians and meat-eaters. Vegolution has developed a highly versatile, plant-based protein ingredient using the world’s best kept secret, Tempeh. It uses non-GMO soybeans and a proprietary fermentation process to create an enviable texture and nutrition profile delivered to the customer as tasty, ready-to-cook products at competitive prices.

Board Member, Chair of the Litigation & Audit Committee

2017

Senior Advisor & Former Managing Partner, SoCal

2002

Rajit was the Managing Partner of McKinsey’s SoCal practice, overseeing a 100 consultants and 20 partners. Rajit was a senior leader within the firm’s healthcare practice. Over his 14 year career, he counseled the C-suite at numerous Fortune 500 companies on topics such as organizational transformation, growth strategy, commercial excellence, capability building, mergers and acquisitions, and driving change at scale. Within the SoCal region, Rajit was responsible for recruiting, attracting and retaining the best talent and representing McKinsey within the local business, civic and alumni community.

Board member & Co-Founder

1997 - 2002

Rajit was part of the founding team of the first Indian company to develop, manufacture and market recombinant human healthcare products in India, including an indigenously develop Hepatitis-B vaccine, GCSF, interferon and Epoetin Alfa. Shantha Biotech was acquired by Sanofi Aventis in 2009 for $850M+

CEO

1996 - 1999

Mid-sized chain of retail pharmacies in Oman.