Early-stage venture capital firm Orios Venture Partners has appointed Anup Jain as its managing partner, a media statement said. Jain will focus on FMCG and retail investments at the Mumbai-based venture fund.
“He is a key addition to our leadership team and will be instrumental in raising the bar further at Orios as well as tapping new opportunities that have arisen in FMCG/retail space. With just the food and grocery sector alone being $350 billion, one can imagine the potential for creating new brands in the overall FMCG space in our country,” Rehan Yar Khan, founder and managing partner at Orios Venture Partners said in the press note.
Jain had joined Orios in October 2017 as a venture partner, where he was the investment lead for the consumer sector.
Prior to Orios, he founded and ran Redback Advisory Services to mentor and accelerate early-stage to mid-size startups. He is also an angel investor, having backed four startups so far. He has also worked with brands like P&G, Whirlpool, Indya.com, Yum Restaurants International and Bata. He holds an MBA from Faculty of Management Studies, Delhi and is an engineering graduate from Delhi College of Engineering.
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