Verlinvest taps Amit Aggarwal to power early-growth bets in India

MUMBAI: Verlinvest has strengthened its India play by appointing Amit Aggarwal to lead its early-growth investment strategy in the country, a move that signals sharper focus on writing cheques in the $5 to $20 million range. The global consumer-focused investment firm, which manages more than €2 billion, is now gearing up to accelerate activity in India’s booming consumer ecosystem.

Amit joins Verlinvest with more than 15 years of experience across venture capital, technology, strategy and operations. He was most recently principal at Elevation Capital, where he backed emerging consumer tech startups across social, commerce, edtech, content, proptech and travel. His portfolio includes Atlys, Seekho and SolarSquare. His career also spans leadership roles at Meta, a stint as entrepreneur-in-residence at Hero Electronix where he helped build Qubo, and six years at Bain and Company advising private equity and tech clients.

Verlinvest managing director and head of Asia Arjun Anand, said Amit’s blend of operator and investor experience will be pivotal as the firm sharpens its early-growth focus. He noted that Verlinvest aims to deploy an average of $200 million annually in India as consumer brands continue to scale rapidly.

Amit said he was excited to join an investor known for its long-term approach to building category-shaping brands. He added that he looks forward to partnering with founders driving the next wave of consumer innovation and supporting them with capital, insight and operational depth at a crucial stage in their growth.

Verlinvest has been active in India since 2010 and has backed more than 25 consumer companies including Epigamia, Veeba, Purplle, Wakefit and Lahori. The firm plans to make 10 to 15 investments each year across early-growth and growth stages as it expands its presence in one of the world’s most dynamic consumer markets.