Ajay Mahajan came into venture capital after spending his career building financial institutions from the ground up, including helping start YES BANK, setting up UBS's banking business in India, building Bank of America's fixed-income and currency trading operations, and later leading technology-driven changes at CARE Ratings using AI and machine learning. At Silicon Road Ventures, he focuses specifically on agentic AI for B2B commerce, supply chain, logistics, and fintech, applying the same systems-building approach from his banking career to backing early-stage companies in these areas.
About their Fund
Sectors
Retail Tech, Ecommerce, CPG / D2C, Logistics, Fintech
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Silicon Road Ventures is built by commerce operators rather than finance veterans, and it uses relationships with major retailers and brands to set up direct customer meetings for its portfolio companies, starting with small checks and testing startups with retailers and CPGs before doubling down on the ones that show real enterprise interest. With offices in both Atlanta and Mumbai, the fund also runs an India-focused fund for agentic AI in B2B commerce technology, extending its retail and CPG focus across borders.
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