Role Overview

Activate is looking for a Fund Operations Manager to join our team in Mumbai and own the finance and fund operations function across our India fund activities and group entities. This is a hands-on role for someone who understands the Category II AIF ecosystem end-to-end and can independently manage the operational and financial backbone of a growing venture capital platform.

Key Responsibilities

- Fund accounting, administration and financial controls
- End-to-end operations of our Category II AIFs
- Capital calls, drawdowns, contributions and distributions
- LP onboarding, KYC, investor records and reporting
- Management fees, fund expenses and cash-flow management
- Fund and entity-level reporting, reconciliations and financial operations
- Coordination with fund administrators, auditors, tax advisors, banks and legal partners
- Investment-related finance and operational processes
- Statutory, tax and regulatory coordination across group entities
- Building and improving finance and fund operations processes as we scale

Qualifications & Experience

- 5–8 years of relevant experience,



with hands-on Category II AIF experience being mandatory
- Prior experience managing finance and operations for a Category II AIF is a must
- Strong understanding of the AIF fund lifecycle, including capital calls, drawdowns, distributions, investor reporting, fund expenses and management fees
- Experience working with fund administrators, auditors, tax advisors and other financial service providers
- Strong accounting, financial controls and analytical skills
- Ability to independently manage multiple stakeholders and workstreams
- CA or relevant qualified qualification / postgraduate degree in finance, accounting, commerce or a related field preferred
- High ownership, attention to detail and comfort working in a fast-paced environment

Location: Mumbai

Role: Full-Time

If you have hands-on Category II AIF experience and want to take ownership of fund operations at a growing venture capital firm, we’d love to hear from you. Apply/DM us to learn more.

📌 Fund Operations Manager (Mumbai)
🏢 Activate
📍 Mumbai