Our Investors

Narayan is a pioneer in building inclusive institutions in India.  He is a Board Member of Team Lease, Founder of Inklude Labs and Co-Chairman of Unitus Capital. He is the former  Chairman at Ratnakar Bank Limited (RBL). Previously Narayan was India Country Head for Morgan Stanley, responsible for leading all the firm’s businesses.  Prior to that he was Global Head of Emerging Markets at Morgan Stanley where he managed over $25 bn in assets. He began his career at Goldman Sachs. Narayan is a Chartered Financial Analyst.

Aarin Capital started by Mohan Das Pai and Ranjan Pai, is a proprietary venture fund that invests in technology-intensive businesses in life-sciences & healthcare, education and other potentially large India-centric or India-first market opportunities.


Technology and differentiation are key to the businesses that Aarin Capital invest in, led by passionate and driven founders. Aarin Capital aim to fund companies that seek to build sustainable and profitable value propositions right from their inception.


Aarin also invests in entrepreneurial fund managers with investment theses that complement Aarin’s investment areas in terms of sectors and stages at which they engage with founders. The objective is to create and nurture an expansive platform of investment opportunities that broaden the access into the Indian start-up ecosystem.

UCIC has been fortunate to have received the support from a number of global and domestic, impact focused investors. They are aligned with the mission of UCIC to create an impact led ecosystem that supports innovation, technology and scale.