MF Advisors LLP, which advises global venture capital firm Mayfield for its India related investments, has roped in Vishal Dixit as a partner. This comes at a time when Mayfield has just closed its second India-focused fund.

Dixit was previously director of private equity firm Zephyr Peacock and a founding team member of four India-focused funds and was part of the investment committee of the Zephyr Peacock III India Fund. He also served on the boards of Aizant (life sciences product development), E2E Rail (railway technology services), and Pennar PEBS (pre-engineered construction), and was closely involved with nine more investments across various sectors.

A Stanford graduate, he previously also worked with Macquarie Capital’s principal investments group in New York, Actis Capital in London, the secretariat for the Indian Prime Minister’s Committee on Infrastructure, the Planning Commission of India, and the United Nations.

Nikhil Khattau, co-founder, MF Advisors, said, "As we assist Mayfield to invest its first and second India funds, we think Vishal's expertise will be invaluable."

“I look forward to helping reinforce Mayfield as the preferred relationship for entrepreneurs and limited partners. I am very excited to join a platform and strategy that can create exceptional value for investors, entrepreneurs, and society,” said Vishal Dixit.

Mayfield, which started investing in India in 2006, has made investments in companies such as Matrimony.com, Indiaproperty.com, Tejas Networks, Fourcee Infrastructure, Centum Learning, Genesis Colours, Geodesic Techniques, Amagi Media, the Beer Café, Sohanlal Commodity Management and Securens Systems.

Globally, Mayfield has over $2.6 billion under management. It had raised $111 million in its maiden Indian fund in late 2008 and had last month completed fundraising to the tune of $108 million for its new India-dedicated fund.

(Edited by Joby Puthuparampil Johnson)

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