Ajay Raja

Ajay is an investment professional with experience in venture capital and financial
research. At C4D Partners, a VC fund focused on India and Southeast Asia, he played
an active role in deal sourcing and supported the team across various functions-
including evaluating sector-agnostic deals, conducting due diligence, and preparing
investment memos. He also contributed to portfolio monitoring, valuations, and ESG
reporting. Prior to C4D Partners, he was at Morningstar, where he developed
expertise in performance analytics, research on structured debt, tranche-based term
loans, and other debt instruments, as well as investment compliance.

He holds an MBA from NMIMS University and has cleared CFA Level II, scoring in the
90th percentile in CFA Level I. He earned his bachelor’s in commerce from PSG
College (Bharathiar University), completed the Executive level of the CS program
(ICSI), and was an All-India Rank Holder at the Foundation level. He also secured a
state-level rank in the Tamil Nadu high school board exams.