SEBI-encouraged funds — venture capital, SME, social-impact and infrastructure. Close-ended, generally unleveraged.
Perpetuity Ventures is a SEBI-regulated investment manager focused on Indian equity markets since 2017. It builds concentrated portfolios around under-recognised opportunities, using bottom-up research and long-term conviction.
Deepali Singhal
Founder, Managing Partner
CA, CWA
Deepali Singhal brings nearly two decades of corporate finance and governance expertise. At Perpetuity, she oversees compliance, finance, and operational strategy — ensuring rigorous adherence to SEBI regulations, strong governance frameworks, and disciplined reporting. Her work has been instrumental in building investor confidence and streamlining fund operations. Her career spans senior roles at Publicis Groupe, Yum! Restaurants, Motorola, and GE Motors, leading financial planning and operational controls across global businesses.
Abhishek Singhal
Founder, Managing Partner
Abhishek Singhal has led Perpetuity Ventures LLP for nearly a decade, building it into a respected India-focused, healthcare-biased investment firm known for rigorous, research-driven approach and consistent top-quartile performance. Prior to this, he led Asian Healthcare Research at Macquarie Capital Securities. His career spans Fidelity International, HSBC, and Ranbaxy — blending industry, buy-side, and sell-side expertise.
Dion Stefan Buchner
Partner
Dion Stefan Buchner brings a unique combination of clinical and scientific skills as a trained pathologist along with ten years of financial analyst experience at J.P. Morgan Securities and Fidelity Investments. His dual background in medicine and finance informs Perpetuity Ventures' deep-dive research into healthcare investments.
Neelam Punjabi
Partner
CFA
Neelam has rich experience in Investment Management & Equity Research. She is a Chartered Financial Analyst charter holder. She holds a BBA degree with specialization in Finance and pursued certified course of Applied Valuation and Security Analysis from London School of Economics, UK. With an eye for detail she brings intense rigor to our bottom-up research process.
Aditya Iyer
Sr. Investment Advisor
Aditya is a seasoned investment professional with over 15 years of experience in Indian capital markets, specializing in concentrated investing, trading, and portfolio management. His background spans investment banking, asset management, entrepreneurship, and academia, including leadership roles at leading financial firms and experience as a visiting faculty member teaching Equity Research and Fundamental Analysis. Aditya brings a unique blend of strategic investment expertise and entrepreneurial insight to Perpetuity Ventures.
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Dhruv Maheshwari
Sr. Investment Analyst
Dhruv has experiences in life sciences consulting and early-stage focused investment banking. He holds a MSc. in Quantitative Management: Finance from Duke Fuqua School of Business and BSc. in Industrial Engineering from University of Central Florida. Prior to this he was a part of the Deloitte Management Consulting team, NYC.
Vilina Jain
Sr. Investment Analyst
CFA
Vilina brings over five years of buy-side equity research experience and is a CFA Charterholder with a BCom in Financial Services from Ahmedabad University. Known for her disciplined, process-driven approach, she excels at identifying underappreciated opportunities — particularly turnaround situations and emerging long-term compounders.
Naman Bhansali
Sr. Investment Analyst
CFA
A CFA Charterholder with a BBA in Finance, he has 4+ years of buy-side experience across Perpetuity Ventures and Nine Rivers Capital. He follows a fundamental, bottom-up approach and is currently part of the investment team at Perpetuity Ventures, focused on long-term wealth creation.
Manisha Singh
Asst. Manager-Compliance & Operations
Company Secretary
Manisha Singh is a qualified Company Secretary and serves as the Compliance Officer of the fund. She completed her professional training at Eastern Coalfield Limited, gaining valuable exposure to regulatory processes in the government sector. With a BBA in Human Resources, she blends governance expertise with a people-focused approach to ensure seamless compliance operations.
Nilay Parekh
Associate
CFA (all levels cleared)
An IIT Bombay Engineering graduate (Class of 2025) who has cleared all levels of the CFA program, he is an ardent believer in long-term value investing. With professional internship experience at Blue Dart and NNM Securities, and a background as a Core Team member of the Entrepreneurship Cell at IITB, he combines a strong understanding of the startup ecosystem with a focus on long-term wealth creation.
Gautami Agarwal
Associate
CFA Level III candidate
A CFA Level III candidate with a B.Sc. in Economics (Finance) from NMIMS Mumbai, she has 1.5 years of buy-side equity research experience. She follows a fundamental, bottom-up approach, focusing on financial modelling, company analysis, and identifying investment opportunities. Her work includes deep-dive research, financial statement analysis, and sector tracking.
Niraj Shah
Associate
CFA Level III candidate, B.Com
A CFA Level III candidate and a B.Com graduate from BAMU University, he has ~1 year of buy-side experience through his internship at Perpetuity Ventures. He follows a fundamental, bottom-up approach, with experience in financial modelling, valuation, and investment research across sectors such as pharmaceuticals, fintech, and entertainment, focusing on identifying high-conviction opportunities.
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