Sachindra Rudra Joins as Director of Acumen Fund India- A Fund Investing in Social Enterprises
Acumen Fund today announced Sachindra Rudra as the new Director of Acumen Fund India. Mr. Rudra joins from private equity firm Navis Capital, where he served as a Director in the India operations. He replaces interim country director Ankur Shah who will maintain his existing role as head of the Education Portfolio.
“We are thrilled to have someone with such depth of experience and understanding of the local investing landscape joining our team,” said Jacqueline Novogratz, CEO of Acumen Fund. “As Acumen India continues to grow, most recently with the launch of our education portfolio, we will draw heavily on Sachin’s extensive investment and operational expertise.”
Acumen Fund has been investing in India since 2001, opening a local office in 2006. To date, it has invested $25 million in sustainable, scalable organizations delivering affordable products and services to the poor. These investments reflect the country’s global significance as a laboratory of innovation, both for individual enterprises and the impact investing field.
“Acumen has an impressive track record of helping to develop and scale some of the most innovative and impactful businesses in India,” said Mr. Rudra about joining Acumen Fund. “The local work is supported by committed advisors and partners and I look forward to working with the global team to expand our current portfolio and community of partners.”