Mirae Asset Enterprise India, the personal investing arm of South Korea’s Mirae Asset Monetary Group, has appointed Puneet Kumar as CEO.

Kumar succeeds Ashish Dave, who exited the agency in mid-2025. In his new position, Kumar will lead Mirae Asset’s enterprise capital and personal investing platform in India, with accountability for sharpening funding technique, deepening collaboration with the group’s international enterprise companies, and strengthening the agency’s place as a companion for founders and co-investors, the corporate mentioned in a press release.

Mirae Asset Enterprise India invests throughout sectors comparable to expertise platforms, client, synthetic intelligence and deep expertise. Its India portfolio consists of corporations comparable to stock-trading app Dhan, ecommerce grocery agency BigBasket, logistics platform Shadowfax, social media firm ShareChat, and fintech startup KreditBee.

The agency’s personal investing enterprise in India manages greater than Rs 1,477 crore in belongings below administration throughout two Class II Different Funding Funds as of November 30, 2025. Globally, Mirae Asset’s enterprise capital vertical manages about $4.4 billion in belongings.

The appointment comes at a time when Mirae Asset is increasing its India-focused expertise investments. Lately, South Korean gaming main Krafton introduced an India-focused expertise fund in partnership with web conglomerate Naver and Mirae Asset. The corporate mentioned a good portion of this fund can be managed by the Mirae Asset Enterprise Investments workforce in India.

Earlier than becoming a member of Mirae Asset Enterprise India, Kumar was managing director at Steadview Capital, a worldwide technology-focused hedge fund with greater than $3 billion in belongings below administration. Throughout his tenure, Steadview invested in over 30 personal corporations, together with Everlasting (then Zomato), Nykaa, Freshworks, Innovaccer, Chargebee, Ultrahuman, Atomberg and MoEngage. Steadview’s personal portfolio additionally noticed 9 corporations go public throughout this era.

The agency’s broader expertise portfolio consists of Dream11, Unacademy, Ola, City Firm, PolicyBazaar, Lenskart, Zenoti, INDmoney and Zetwerk.

Previous to Steadview, Kumar frolicked as a vp at Nexus Enterprise Companions between 2017 and 2019, the place he labored on investments throughout SaaS, client, agritech, gaming and new-age client corporations. These included Observe.ai, Rapido, Pando, Squadcast, Maximl, LiveHealth and Intello Labs.