Rajul Garg
Rajul Garg is an Indian entrepreneur and venture capitalist who co-founded the payment technology company Pine LabsPine LabsPine Labs is an Indian payment technology company founded in 1998 and headquartered in Noida, providing in-store and online payments, card issuing, gift-card and related services to merchants, brands and financial institutions. It listed on Indian stock exchanges in November 2025.Open the full entry and also helped found GlobalLogic and Sunstone Business School. He later founded the early-stage technology venture firm Leo Capital.
Contents8 sections
Key facts
1998Graduates and Starts Pine Labs
Rajul Garg graduated from the Indian Institute of Technology Delhi in 1998 and went on to start Pine Labs.[1]
At Pine Labs he served as co-founder and CEO.[2]
2000–2003Co-founds GlobalLogic and Leaves Pine Labs
While at Pine Labs, Garg co-founded GlobalLogic; he left Pine Labs in 2003.[1]
2005–2008Builds GlobalLogic’s India Operations
From 2005 he grew GlobalLogic’s India team to more than 6,000 people.[1]
He built GlobalLogic’s operation in India from the ground up and expanded it through global acquisitions until 2008.[3]
2008–2013Venture Capital and Education
After GlobalLogic he consulted for venture firms such as Sequoia CapitalSequoia CapitalSequoia Capital is a venture capital firm founded by Don Valentine in 1972, investing from the seed stage through the growth stage. Its historical investments include Apple, Cisco, Google, YouTube, Airbnb, and Stripe; in 2021 it introduced the Sequoia Capital Fund structure, which can continue to hold public securities, and in 2023 its regional businesses became independent brands and partnerships.Open the full entry and Aavishkaar, which introduced him to the education sector.[3]
He then co-founded Sunstone Business School with Dinesh Singh.[1]
2013GlobalLogic Sold to Apax
In 2013 GlobalLogic was sold to Apax Partners for $420 million.[3]
As of October 2026: Leo Capital and Board Roles
Garg is founder and managing partner of Leo Capital, an Indian early-stage technology venture firm backing startups in India, Southeast Asia and the US; he has served on the boards of companies including Knowlarity, PeopleStrong, Meesho, Reify Health, HealthKart and Sheroes.[2]
He is also a director of the listed company S Mobility.[3]
He also sits on the board of Edureka.[4]
Related Organizations, Websites, and Public Accounts
Pine Labs: Official website: https://www.pinelabs.com/ (opens in a new window)[5]
GlobalLogic: Official website: https://www.globallogic.com/ (opens in a new window)[6]