Manager/AGM - L&T Innovation Fund
24 hours ago
Organization:
Larsen & Toubro Ltd, commonly known as L&T,
is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai. The company is counted among world's top five construction companies. The L&T Group comprises of 93 subsidiaries, 5 associate companies, 27 joint ventures and 35 jointly held operations, operating across basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and nancial services.
SpecialtiesAerospace, Infrastructure, Shipbuilding, Construction, Defense, Finance, Forging, Hydrocarbon, Information Technology & Engineering Services, Construction Equipment, Railways, Boilers, Process Plant, Turbines, Power, Renewable Energy, Manufacturing, and Green Hydrogen.
Larsen & Toubro (L&T) is Indias largest engineering, construction, and technology conglomerate with presence across EPC, Hi Tech manufacturing, and services. L&T Group reported $21b revenues in F22 and has combined market cap of $57bn (Jun22 3M Avg).
L&T Innovation Fund is corporate venture arm of L&T Group. The fund is mandated to invest in early-stage startups in the sectors of strategic interest. The fund invests in Series A and A+ as a lead or co investor. The funds focus is global deep tech startups in the domains of green energy tech, Industry AI/ Analytics, enterprise SAAS, space and defense tech among others.
PositionThe Fund is looking to add dynamic and passionate investment professional:
RoleConduct detailed sectoral research to identify emerging opportunitiesIdentify, source, connect and evaluate early-stage global start upsMaintain relationships with different business units of L&T, VCs, advisors, and incubators to identify themes and source / diligence early-stage dealsConduct detailed due diligence to carve out investment thesis and prepare internal investment decksAssist and selectively lead deal negotiationsCoordinate with internal & external legal teams to finalize term sheets, definitive documentation and closing investmentsMonitor portfolio performance & assist portfolio companies in strategic / operational roadmap and connecting with L&T and other VC ecosystemManage portfolio exit related transactions
Experience / Skill SetsAt least 5 to 10 years of work experience in early-stage Venture Capital(VC), Corporate Venture Capital(CVC), investment banking, consulting or corporate developmentMust have experience of closing/participating in few early-stage dealsMBA or equivalent degree from leading institutes with engineering backgroundHas good network with other VC/CVC investors/start up ecosystemProactive, diligent, analytical with a passion to understanding new technologies and early-stage investmentsExcellent communication, presentation, writing and interpersonal skills
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