• Former Steadview MD Puneet Kumar takes charge as CEO, bringing deep experience in public and private technology investing
• Will lead Mirae Asset’s venture and private investing strategy in India, overseeing early- and growth-stage startup bets
• Firm plans to expand startup investments across key sectors including technology platforms, consumer, AI, and deep tech

Mirae Asset Venture Investments (India) Private Limited has appointed Puneet Kumar as the Chief Executive Officer of its venture capital and private investing business. The firm is the private investment arm of Mirae Asset Global Investments, headquartered in South Korea.

In his new role, Kumar will lead Mirae Asset’s venture investing platform in India. He will oversee investments in startups that align with the group’s long-term innovation and growth strategy. Mirae Asset actively invests in sectors such as technology platforms, consumer businesses, artificial intelligence, and deep tech.

The firm has backed several high-profile startups in the past, including Zomato, Dhan, Shadowfax, and KreditBee. As of November 30, 2025, Mirae Asset’s private investing business in India manages over Rs 1,477 crore in assets under management across two Category II Alternative Investment Funds. Globally, Mirae Asset’s venture capital arm manages $4.4 billion in assets.

Before joining Mirae Asset, Kumar served as Managing Director at Steadview Capital, a global technology-focused hedge fund with more than $3 billion in assets under management. He spent over six years at Steadview, focusing mainly on investments in Indian public and private companies. Steadview’s portfolio includes leading startups such as Dream11, Nykaa, Ola, Urban Company, PolicyBazaar, Lenskart, Chargebee, Zetwerk, and Ultrahuman.

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Earlier in his career, Kumar worked as a Vice President at Nexus Venture Partners from 2017 to 2019. There, he was involved in investments across SaaS, consumer tech, agritech, gaming, and new-age startups, including Rapido, Observe.ai, Squadcast, and Pando.

Mirae Asset said the appointment reflects its plans to scale up private investing in India and deepen its engagement with the country’s fast-growing startup ecosystem in the coming years.