Saumitra Dubey
About Saumitra Dubey
Saumitra Dubey serves as the Head of Corporate Development and M&A at Recharge, where he has been instrumental in identifying strategic acquisitions since 2023. He has a diverse background in investment and corporate development, having worked with various companies and venture capital firms over the years.
Work at Recharge
Saumitra Dubey serves as the Head of Corporate Development and M&A at Recharge, a digital prepaid payments platform, since 2023. In this role, he is responsible for establishing key strategic growth pillars and identifying high-impact acquisitions. His focus is on driving the company's growth through strategic investments and mergers, leveraging his extensive experience in the field.
Previous Experience in M&A and Investments
Prior to his current position, Dubey held various roles in investment and corporate development. He worked at Startselect as an Acquisition/M&A professional in 2023. His experience includes serving as an investor in multiple companies, such as Koala Insurance, Qover, Vitesse PSP Limited, Hadrian, Uncover, and Orderchamp. His roles often involved investment at various stages, including seed and series funding.
Background in Investment Banking
Dubey began his career in investment banking at J.P. Morgan, where he worked as an Investment Banking Analyst in Mumbai and Hong Kong from 2013 to 2014. He later transitioned to a role in Growth Equity and TMT M&A at J.P. Morgan in London from 2015 to 2017. His work involved structuring growth equity and M&A transactions for prominent venture-backed businesses.
Education and Expertise
Saumitra Dubey holds a Master of Business Administration (MBA) from London Business School, where he focused on Entrepreneurship and Venture Capital. He also earned a Bachelor of Engineering (B.E.) in Electronics and Communications Engineering from Netaji Subhas Institute of Technology. His academic background supports his expertise in growth investments and corporate development.
Achievements in Venture Capital
During his tenure at Prime Ventures, Dubey worked as a Growth Investor from 2019 to 2022, focusing on €15-30M growth investments at series A/B/C. He has led early-stage build and investment activities at an AI-native B2B SaaS venture builder, targeting ventures that address significant industry inefficiencies. His experience includes involvement with globally recognized companies such as Uber and Deliveroo.