Management Team

Ajay Garg, Founder & CEO

  • Ajay co-founded Ayra Capital in 2013
  • He is an MBA in Finance and B Tech (Hons) in Mechanical Engineering
  • Having worked in GCC and India, he brings in 17+ years of experience in investment banking, private equity and financial advisory
  • His area of focus has been PE, M&A advisory (buy and sell side advisory), corporate restructuring and post transaction monitoring
  • As Sr. Director, Private Equity with Al Masah Capital Ltd, he was focused on PE investments in education sector in UAE. Earlier, he worked as a Senior Investment Manager with the PE team at Global Investment House, Kuwait; he also worked as AVP, Strategic Projects, KAMCO
  • As a Board/Committee member, he was also involved in actively managing the performance of various investee companies


Rekha Garg FCA, Founder & Director

  • Rekha is a qualified Chartered Accountant and brings 11+ years of experience in accounting (IFRS and Indian GAAP), internal audit and corporate finance
  • She has covered various sectors including telecommunication, banks, logistics and textile


Sandeep Bakshi, Director

  • As an MBA in Finance & International Business, Sandeep brings 15+ years of experience in the banking sector
  • Having worked with some of the leading Indian and foreign banks, he has lead one of the largest branches of ICICI Bank and managed a portfolio of top global corporates of HSBC
  • Has worked along with leading teams across various divisions including transaction banking, covering Trade finance and Cash Management
  • Sandeep has worked closely with treasury teams of various multi-national corporations in developing and implementing cash management solutions
  • At Ayra Capital, Sandeep is responsible for assisting businesses with financial planning, raising capital and formulating working capital solutions


Seema Jindal, Director

  • Seema has a M.Sc. in Sustainable Energy Development from the Haskayne School of Business, University of Calgary
  • She has been instrumental in handling numerous projects, which include capacity building & brand strategy, development of product sustainability, stakeholder consultation and business process improvement
  • She also serves on the Board of Nature’s Ride, Calgary Centre for Global Citizenship and is a Senior Advising Counsellor at Studio 205
  • Seema shares her expertise in program development, implementation, assessment and evaluation in areas of education and training, Social Return on Investment (SROI) and Social Impact Assessment (SIA)
  • She is responsible for developing the sustainable business solutions practise and in establishing Ayra Capital in the Americas