MIRAI Capital Global (MCG), a global investment fund, announced a transformative expansion marked by the appointment of industry leaders to its Investment team and Advisory board.
This strategic move reinforces MCG’s position, fortifying its capabilities with unmatched expertise across diverse sectors to propel the firm’s global investment endeavours, a statement said.
Under the visionary leadership of HH Sheikh Ahmed bin Faisal Al Qassimi, whose ethos centres on human capital as the true wealth, MCG is committed to attracting top-tier talent and nurturing business growth leveraging UAE for global markets. His Highness’ relentless belief in empowerment underscores MCG’s team expansion with the appointment of eminent leaders driving change and delivering significant value through their wealth of experience.
“We are thrilled to see the team expansion for MIRAI Capital Global with such remarkable global talent,” said Dunston Pereira, Group CEO of the Royal Office of HH Sheikh Ahmed bin Faisal Al Qassimi for Strategic Alliances & Policies. “Their expertise will be instrumental in sourcing appropriate investment opportunities outside of UAE for business that is looking at expanding and leverage the policies and infrastructure in UAE and GCC markets, while also ensuring we meet all the strategic goals of this fund with the Royal Patronage. I am confident in this team and Chief Investment Officer and my esteemed colleagues’ ability to forge synergistic ties across the US, GCC, and Asia. Together, we are not just bridging geographies; we are crafting a better world, grounded in mutual benefit and strategic achievement for long term.”
“It is truly satisfying to witness the addition of global talent, united in the pursuit of our vision for MIRAI Capital,” said Pranav Jyoti, the Co-founder and Managing Director of MCG. “With a targeted approach towards the rapidly expanding markets of the US, India, and UAE, this investment and advisory team holds the potential to unlock tremendous opportunities for growth and prosperity. Under the blessings of HH Sheikh Ahmed bin Faisal Al Qassimi, we have not only bought globally capital to UAE but also aim to bring the gems who will be the next googles of the world with a MENA and Asia consumption.”
“As a team, we firmly believe in surrounding ourselves with people who are smarter than us,” said Puneet Pandit, Co-founder and CEO of MCG. “Also, by bringing together individuals with diverse skill sets and perspectives, this team can now help us navigate the complexities of different cultures, regulations, and business practices as we grow MCG in the future.”
Devang Mehta, the newly appointed Venture Partner focused on Secondaries market, brings a wealth of operational and investment experience to MCG. Formerly a General Partner at Anthill Ventures, Devang’s career spans across India and Silicon Valley, including notable roles at Morningstar (Nasdaq: MORN), eTouch (acquired by Virtusa), and Glassbeam (Series B funded Analytics firm). Holding degrees in Computer Science and Engineering, and an MBA from Carnegie Mellon University’s Tepper School of Business, Devang has invested in and incubated firms across various sectors, notably Gaia Smart Cities (IoT) and Erlysign (Early Cancer Detection using saliva).
“The move into the Secondaries market presents a compelling opportunity for MCG,” commented Devang Mehta. “Our investments will aim to catalyse wealth creation across all stakeholders, offering attractive liquidity paths for investors.”
Rakesh Vaidyanathan will assume the critical role of Venture Partner focused on US & Latin America sector helping raise new capital and bridging strategic discussions with funds and start-ups in that region. Rakesh has a BS in Electrical Engineering from Guindy Engineering School in Chennai along with MBA degrees from IIM Calcutta and Wharton School of Business. As the Founder Partner of The Jai Group, Rakesh has delivered tangible business growth through organic strategies and M&A engagements in diverse international markets for multiple businesses across several industry segments.
“Latin America, US and UAE regions form a very synergistic corridor to raise and deploy capital in Funds and Startups,” said Rakesh Vaidyanathan. “With Jai Group’s deep expertise in these regions, I am looking forward to working with MCG team to contribute towards its future growth.”
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