We are early-stage operating investors with a focus on Agriculture financial services, education, healthcare and clean energy. We set our companies up for success by mentoring and assisting them with business strategy, market analyses, cost optimization, revenue model revision and operational processes. We are a founder focused fund that embraces the idea of 'doing well' and 'doing good'.



@ India
Socialize Globally
Tech for Good
Adhering to  SDG
Leaders in Startup Investments
Handholding Entrepreneurs for Scale up
Enable Businesses to create more impact 

100+ Years of Experience in Investing and Operations 

Advisors & Mentors

Dr. Niranjan Hiranandani

Chairman, Hiranandani Group

Shishir Baijal

MD, Knight Frank

Shripad Nadkarni

MD MarketGate Consult


N. Shridhar

Managing Partner

Shridhar, the Founder of Pegasus, is also a director and advisor to the Hiranandani Group. Along with his vast experience spanning over 30 years across real estate, infrastructure, financial services and FMCG, Shridhar has also been mentoring startups and founders for many years. Shridhar has been the CFO of various large companies including Future Capital Holdings Ltd., Britannia Industries Ltd and Coca Cola India. His experience spans across various facets of business strategy & finance including M & A, treasury, and restructuring business models for efficiency.

G Devanathan


Devanathan is a stalwart in public markets with over 25 years of experience long stints with Rare Enterprises, Kotak Institutional Equities and New Vernon, Singapore. He was also the Managing Partner at Goldcrest Advisors. With various publications on financial topics, Devanathan is our expert on market behaviour and fund perspectives.

Aman Tuljapurkar

Senior Associate

Aman studied Economics at NYU and graduated with the Dean’s Honor Award. He headed Strategy and Business Development for a consumer packaged goods startup for three years and helped it scale as its founding employee. He loves the consumer goods space, but is also a keen investor in healthcare and education.

Prakash Ranjalkar

Operating Partner

Prakash comes with a career in technology and telecom spanning over 30 years. Prakash worked in CEO & COO roles in different companies across Africa and India. He pioneered an independent telecom tower company concept in India and built the first Indian independent telecom tower company and grew it to a balance sheet worth over USD 2 billion. In Africa, Prakash led the M&A deals in telecom with deal sizes in excess of USD 1 billion. At Pegasus, Prakash is the “operations guru”, known for creating value and operational efficiency wherever he goes.

Amit Patel


Amit is a serial entrepreneur who has built and exited many businesses. For the past decade, he has been ingrained in the startup ecosystem as an angel investor in and mentor for many startups. His deep connection with the Indian and Israeli startup ecosystem and incubation networks makes him a great asset for astute deal sourcing.

Mihir Shah


Mihir Birngs10 years of Experience  in the areas of Corporate Finance, Corporate Advisory, Investment Banking, Private Equity, Project Finance, Fund Raising through Equity & Debt. Successfully completed multiple transactions over the years.

Jayesh Desai

Investing Partner

Jayesh comes with over 25 years of experience in Finance and Infrastructure. As Head of Investments for Piramal Enterprises, he invested over USD 800 mn across renewable energy and infrastructure. Prior to this, Jayesh spent 15 years as National Director at EY India, and helped set up its advisory practice in India. He was also the vice president of Finance at Coca Cola India., where he led the construction of new brown and greenfield plants. Given his experience in finance and investing, Jayesh looks after the investing process at Pegasus.

Subhash M Lode

Sr. Manager Investments & Operations

Subhash comes with 16+ years of experience in AgTech, InfoTech, Data Science, AI, ML and Enterprise Blockchain. He has worked as advisor for Mission Samriddhi,  on Agriculture & Livelihood - CSR Initiative of Intellect Design Arena (Erstwhile Polaris Software). He has 

worked with Harsco, Unisys, Hexaware to lead Aftermarket and Master Data Management ERP Implementations in USA, UK, and the Netherlands

Bhavini Chavda


Bhavini is a Chartered Accountant and holds a B.Com degree. Having completed her articleship from SK Rambhia & Co., she is our go to person for taxation, compliance and finances. She is  passionate about financial inclusion and the fintech industry.




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+91 9666 55 6197   |

Schindler House, 6th Floor
Hiranandani Gardens, Powai
Mumbai - 400076

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