New Delhi, Jan. 1 -- Mirae Asset Venture Investments (India) has appointed former SteadView Capital managing director Puneet Kumar as the new chief executive officer of its venture capital and private investing business.

Kumar will focus on refining the firm's investment strategy, as well as establishing it as the preferred investor for startup founders and other venture capital funds.

The appointment comes at a time when India's venture capital industry is seeing a number of tech-based companies going public, and investors are expected to have ample liquidity to make more investments in the year ahead.

For Mirae's Indian venture investing business, the landscape has become increasingly competitive over the past few years, necessitatin...