Flourish Ventures strengthens Asia investment team with key hire

Ravi Kaushik, newly appointed executive director and head of Asia investments at Flourish Ventures / Photo credit: Flourish Ventures

Venture capital firm Flourish Ventures has named Ravi Kaushik as executive director and head of Asia investments.

Kaushik will lead the firm’s fintech investments and portfolio management in Southeast Asia and India, aiming to grow Flourish Ventures’ presence there.

Given that they are “the fast-growing regions in the world,” there is “a multi-decade opportunity to invest in and build with some of the best founders,” he said in a statement.

Before this, Kaushik was the CFO of Agro.Club, a grain-trading platform based in the US. In total, he has over 15 years of experience in operating businesses and investing across venture capital and private equity. He was also a founding member at Indian VC firm WaterBridge Ventures, which he exited in 2023.

US-headquartered Flourish Ventures, which focuses on the fintech sector, had secured US$350 million in funding last year. The firm holds US$850 million under management globally.

With a larger capital and team, Flourish Ventures aims to enhance fintech investments in the US, Africa, Asia, and Latin America. As of October 2023, it had invested in over 71 fintech startups worldwide and counted eBay founder Pierre Omidyar as its sole limited partner.

See also: SEA fintech sector hits funding slump in H1 23, but insurtech holds up