What Happened To Ajay Relan, CX Partners’s Ajay Relan Cause Of Death Explored: A piece of saddest news is coming into the headlines related to a prominent personality whose name is Ajay Relan that he has passed away on Friday at 67. According to the reports, he has died suddenly. His death news has come out as a big loss to everyone, especially for his family and Indian private equity. He was one of the most famous and renowned pioneers of private equity investigating in India. He had gained huge popularity and fame in his whole career. All his known ones and friends are in grief since they have heard the news of his demise. Through this article, you will get some essential details about Ajay Relan
Who was Ajay Relan?
According to the reports, everyone is shocked after his sudden and untimely death. There is no particular cause of his death has been revealed by his family members. After getting the news of his demise, many of his close friends and known ones went to social media to express their sorrow for his death.
Sumeet Narang said in a Linkedin post, “Today is a black day in the history of Indian private equity and venture capital industry in India, The untimely death of Ajay Relan, one of the industry pioneers, has left a deep void.” Many others also shared their condolences on social media such as Ashish Dhawan, founder at ChrysCapital, and many others. PE executives from the business and political spectrum are also sending prayers and thoughts to his family members and friends. Our deepest condolences to his family and family.
CX Partners’s Ajay Relan Cause Of Death?
During CX days, Ajay had played an important role in making a team of operating partners to support his portfolio with domain expertise. He also involved many top managers including Vivek Chhachi and Jayant Basu who helped him make one of the leading mid-market PE funds in India. During his investment career, he supervised and was involved in a number of deals with total invested capital of over $2 billion.
In 2015, Ajay decided to get retired from the industry and joined the day-to-day operations with his co-founder Jayanta Basu. In an interview with VCCircle, he stated, “I don’t want to hold up a position for so many years when there is enough talent in the firm.” In 2018, he joined the PE business again along with two other industry stalwarts who founded Xponentia Capital. Ajay Relan left the world suddenly on 01 October 2021 at 67. May his soul Rest In Peace.