Ajay Kumar Ramchandran

Ajay brings around 24 years of experience advising on fund structuring, deal structuring, portfolio company structuring, and cap table restructuring, with deep expertise across domestic and international taxation. His practice spans the full investment lifecycle, including investments, exits, M&A transactions and complex cross-border arrangements.

Prior to joining Aeka, Ajay spent over a decade at PwC, where he co-led the venture capital & start-up tax structuring practice, advising on fund set-up and regulatory matters, including RBI/ SEBI registrations and approvals. He continues to advise leading Venture Capital Funds and their portfolio companies on cross-border investments and strategic acquisitions, drawing on multidisciplinary expertise to navigate regulatory considerations before the DEA, RBI, SEBI, and IFSC (GIFT City) where required.

Ajay is recognised for his ability to rapidly synthesise complex situations and pre-empt potential tax and regulatory challenges, and deliver practical, pragmatic solutions that have made him a trusted advisor across the start-up and fund ecosystem.

Key Focus Areas:

1. Fund Set-Up & VC/PE Structuring

2. FEMA, SEBI & RBI Regulatory Advisory

3. Cross-Border & GIFT City (IFSC) Structures

4. Cap Table Restructuring & Strategic Exits