Raj Pai is a Founding Partner of GEF Capital Partners and co-head of the South Asia investment practice. He is based in Mumbai, India where he focuses on middle market growth equity opportunities in South Asia.
Mr. Pai joined Global Environment Fund as a Managing Director in 2008 before founding GEF Capital Partners in 2018. While at Global Environment Fund, Mr. Pai worked across multiple portfolios and was involved in the establishment
of the South Asia investment program. In addition to overseeing guidance and operations of the South Asia program, including as ESG coordinator, Mr. Pai served as the nominee representative for several portfolio companies,
including IEX (exited via IPO in 2017), iClean (sold to Takasago Thermal, Tokyo) and others. He participated in the exit of Reva Electric Car to Mahindra Electric.
Mr. Pai joined Global Environment Fund as a Managing Director in 2008 before founding GEF Capital Partners in 2018. While at Global Environment Fund, Mr. Pai worked across multiple portfolios and was involved in the establishment
of the South Asia investment program. In addition to overseeing guidance and operations of the South Asia program, including as ESG coordinator, Mr. Pai served as the nominee representative for several portfolio companies,
including IEX (exited via IPO in 2017), iClean (sold to Takasago Thermal, Tokyo) and others. He participated in the exit of Reva Electric Car to Mahindra Electric.
Mr. Pai currently serves on the board of directors of ESDS, Inc. and is also the nominee representative for Global Environment Fund for Concord Enviro, Rishabh Instruments and Prince Pipes.
Mr. Pai received a B.S. in Computer Engineering from the University of Bombay, a Master of Computer Science from Arizona State University and an MBA from the University of Chicago. He is a dual US–India citizen and speaks three
native Indian languages as well as English.