Ajay Rungta

Mentor & Advisor | Startup Ecosystem Enabler | Angel Investor | Pursuing Freedom | ex-Founding Member, Practo

📍 India🔄 Updated October 2026💼 1 investments📅 17 years investing🗓 Last invested Oct 2009
VC🌍 India
1
Total investments
1
Early stage
0
Mid stage
0
Late stage
17y
Years active

Portfolio

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Social Investor
Oct 2009
Started in 2008, Rang De is India’s first and pioneering social peer to peer (P2P) lending platform with a mission to provide access to low cost and affordable credit. It leverages the power of empathy and technology and, via its platform, enables individuals to invest in first time borrowers - farmers, entrepreneurs and students from low-income households who are financially excluded. Rang De was supported by ICICI Foundation and Tata Trusts until 2017 and raised more than INR 80 crores from 15,000+ individuals and disbursed it to 65,000 low-income households.  In 2019, the new platform, RangDe.in was launched, a Non-Banking Financial Company (NBFC P2P), to become the first RBI regulated social peer-to-peer lending platform in India.  Rang De Advantage: Rang De provides a unique opportunity for individuals to make social investments. For a global Indian who wants to contribute not through charity, Rang De’s unique social investing model is an instant hit. Unlike in traditional charity, social investing enables our social investors to redeploy the repayments they receive, thus creating an infinite loop of impact. 
Experience · 3 entries
All (3)
Investments (1)
2021
Associate Director - Engineering
Jan 2021
As Indias leading integrated healthcare company, Practo has been on a mission to make quality healthcare accessible and affordable to all by connecting the entire healthcare ecosystem including patients, doctors, clinics, hospitals, pharmacies, and diagnostics in a seamless and cohesive manner. Practo effortlessly streamlines the patients healthcare journey right from primary healthcare, viz. finding and booking an appointment with verified doctors, consulting doctors online with ETA as low as 60 seconds, getting medicines delivered and lab tests conducted at home, providing health plans to corporates, to secondary healthcare procedures. Practo also makes software products that help healthcare providers - ranging from small clinics to large hospitals - digitize and deliver more efficient and higher quality healthcare to millions of patients around the world. Practo is also one of the few healthcare companies to employ 256-bit encryption, HIPAA-compliant data centers, and hold ISO 27001 certification—ensuring data security at all times. Currently, Practo has helped over 30Cr+ patients with the help of 1.2L+ verified doctor-partners in 22+ countries.
2009
Social Investor
Oct 2009
Started in 2008, Rang De is India’s first and pioneering social peer to peer (P2P) lending platform with a mission to provide access to low cost and affordable credit. It leverages the power of empathy and technology and, via its platform, enables individuals to invest in first time borrowers - farmers, entrepreneurs and students from low-income households who are financially excluded. Rang De was supported by ICICI Foundation and Tata Trusts until 2017 and raised more than INR 80 crores from 15,000+ individuals and disbursed it to 65,000 low-income households.  In 2019, the new platform, RangDe.in was launched, a Non-Banking Financial Company (NBFC P2P), to become the first RBI regulated social peer-to-peer lending platform in India.  Rang De Advantage: Rang De provides a unique opportunity for individuals to make social investments. For a global Indian who wants to contribute not through charity, Rang De’s unique social investing model is an instant hit. Unlike in traditional charity, social investing enables our social investors to redeploy the repayments they receive, thus creating an infinite loop of impact. 
Project Assistant
2009
A reputed Deemed Private University located in Pilani, Rajasthan, India. BITS Pilani consists of 15 academic departments with a focus on education in engineering and the sciences.The institute was established in its present form in 1964 with a vision to realize Jawaharlal Nehru’s project of nation-building with its emphasis on "science, technology and modernization"​ . At that time, its transformation from a regional engineering college to a national university was backed by the Ford Foundation and G.D.Birla. MIT provided the technical assistance that was required for this transformation. The institute has developed and administers the all-India computerized entrance test BITSAT (BITS Admission Test), which is the first of its kind in India. The admission is on the basis of merit (as assessed by the BITSAT Examination) and not through any kind of reservation. The institute is privately supported and fully residential. The institute has strong linkages with industry, as can be seen by its off-campus Work Integrated Learning Program(WILP) which enrolled 19,000 students from corporate enterprises in 2009. Practical experience in the industry is in the curriculum as a "Practice School"​ program, where students work with companies throughout India. BITS has campuses in Pilani (India - Main Campus), Dubai (United Arab Emirates) , Goa (India), Hyderabad (India) and an extension center in Bangalore (India). BITS also has BITSoM (BITS School of Management) and BITS Law School in Mumbai.