Research Analyst PE/VC Fund

Research Analyst – PE/VC Fund (Indian Manufacturing & Industrials) Location: Mumbai, India Experience: 3–5 years (Post-MBA) Compensation: ₹10 - 15 Lakhs + Equity Upside Role Type: Full-Time | Founding Team | High-Growth About Us We are building a growth-stage PE/VC fund with a dedicated focus on Indian manufacturing and industrials, backed by a family office. Our edge lies in deep operational value creation, driven by proven Lean manufacturing expertise, hands-on advisors, and a data-driven approach to subsector selection and investment thesis development. This is a rare opportunity to join a fund at inception, shape the research engine, and influence investment strategy from Day 1. About the Role This is a first-research-hire role with a clear pathway to leadership. Over 2–3 years, you will evolve from executing research to leading the research function, building processes, and managing a small analyst team. You will work across the entire investment life cycle — from sourcing and screening companies to supporting due diligence, thesis building, and portfolio value-creation initiatives. Key Responsibilities Deal Sourcing & Founder Engagement Conduct screening calls and preliminary diligence with founders/management teams Build high-quality target lists across manufacturing subsectors (primary + secondary research) Coordinate meetings during the founder's India visits Maintain long-term relationships with potential portfolio companies Research & Analysis Conduct deep company and industry research using MCA, market databases, and sector reports Perform financial screening: revenue trends, margin quality, leverage, working capital cycles Identify red flags and accounting irregularities through conversations with finance teams/auditors Track subsector trends, competitive dynamics, and market opportunities Support investment thesis development with data-backed insights Pipeline & Ecosystem Building Maintain structured pipeline dashboards and research repositories Build and nurture networks across advisors, intermediaries, OEMs, and trade associations Contribute to brand building, ecosystem presence, and LP outreach (as needed) Lifecycle Involvement Participate in deal evaluation, due diligence, and portfolio monitoring where relevant What Success Looks Like Creation of scalable research workflows and intelligence systems Meaningful contributions to subsector prioritization and investment decisions High-quality market intelligence delivered to portfolio companies Effective alignment with Lean manufacturing advisors to accelerate value creation Qualifications Required MBA from Tier-1 (IIM/ISB) or strong Tier-2 (FMS, XLRI, JBIMS, SPJIMR, MDI, etc.) 3–5 years post-MBA experience in investment research, consulting, corporate strategy, financial analysis, or corporate development Strong financial literacy (must be proficient with P&L, balance sheet, cash flow, MCA filings) Excellent communication skills — especially for founder-level screening calls Ability to operate independently in a high-ambiguity, high-accountability environment Demonstrated analytical horsepower and ability to extract insights from complex data Process-building orientation; comfort creating systems from scratch Natural relationship-building skills and professional presence Preferred Engineering background (mechanical/chemical/industrial) Experience in PE/VC, IB, or M&A Familiarity with Indian manufacturing supply chains and industrial ecosystems Experience in early-stage or entrepreneurial environments What We Offer Equity Upside: Meaningful carry allocation as part of the founding team Clear Growth Path: Move from execution → research leadership → team management Deep Learning: Exposure to PE/VC investing, Lean manufacturing, operational excellence High Autonomy: Freedom to design research processes and systems end-to-end Strategic Influence: Shape subsector strategy, deal flow, and portfolio outcomes Powerful Network: Collaborate with top-tier manufacturing advisors and industry leaders Working Style You will work directly with the US-based Fund Founder The role demands independent judgment, proactive execution, and the ability to move work forward even when leadership is remote. Office-based in Mumbai, with travel for site visits and company meetings. How to Apply Please submit the following via our Google Form (link below): - CV/Resume - 200–300 word cover note answering the three application questions Please address the following in your cover note: - Why this role? What excites you about building a research function at an early-stage PE/VC fund? - Process-building example: Describe one workflow/system you built from scratch and the problem it solved. - Analytical insight: Share one under-the-radar subsector in Indian manufacturing/industrials that you believe is interesting — and why. Google Form - https://forms.gle/cBLHqwtpF7c4oCUu6