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Puneet Kumar named CEO of Mirae Asset Venture India

By Startup Enthusiast · 1 January 2026

What they do

Mirae Asset Venture India is the private investing arm of South Korea's Mirae Asset Financial Group

Puneet Kumar becomes CEO effective January 1, 2026, replacing Ashish Dave who left in mid-2025

Kumar spent over six years at Steadview Capital, investing in Indian public and private companies

Puneet Kumar has been named the new CEO of Mirae Asset Venture India.
His appointment becomes effective on January 1, 2026.
He succeeds Ashish Dave who left the firm in mid-2025.
Kumar previously served as Managing Director at Steadview Capital for over six years.
At Steadview he focused on investing in Indian public and private companies.
This move is part of broader churn with senior partners exiting other firms.
Other recent moves include Pankaj Mitra joining Bessemer and Vikram Kumaraswamy joining L Catterton.

Kumar's experience includes significant investments in well-known Indian startups like Dream11 and Nykaa.
Nine Steadview portfolio companies went public during his tenure there.

Mirae Asset Venture India is the private investing arm of Mirae Asset Financial Group.
It focuses on technology platforms, consumer sectors, AI, and deep tech investments.
Its portfolio includes companies like Dhan, BigBasket, Shadowfax, ShareChat, and KreditBee.
The firm manages over Rs 1,477 crore across two Category II Alternative Investment Funds.
A significant portion of a Krafton-Naver-Mirae Asset fund will be managed by this team.
Mirae Asset's global venture vertical manages about $4.4 billion in assets.

Steadview Capital (previous employer) — Global tech-focused hedge fund with over $3 billion AUM.
Nexus Venture Partners (previous employer) — Venture capital firm where Kumar worked from 2017 to 2019.