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 quick-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