African Leadership University

Visiting
Faculty

Arjuna Costa

Arjuna Costa is a visionary leader and co-founder of Flourish Ventures, a transformative global venture capital firm dedicated to investing in mission-driven entrepreneurs and industry influencers who are reshaping the financial landscape. With a strong commitment to fostering a fair and inclusive financial system, Arjuna focuses on early-stage venture investments across emerging markets in Asia, Africa, and Latin America.

Driven by his deep empathy for vulnerable populations around the world, Arjuna partners with entrepreneurs who leverage innovative technologies to enhance the financial well-being of their customers. Through his strategic guidance and investments, he empowers these change-makers to create lasting positive impact and drive meaningful change.

Before co-founding Flourish, Arjuna made significant contributions as a partner at Omidyar Network, where he built an impressive portfolio of inclusive fintech companies. His pioneering work involved harnessing the potential of mobile money solutions to revolutionize traditional economic systems. Prior to that, he honed his expertise in emerging markets by investing in consumer finance companies at The Rohatyn Group, a renowned multi-billion dollar investment firm.

Arjuna’s journey in finance began with his co-founding of a private equity fund worth $120 million, which focused on revitalizing distressed commercial banks in Africa. This initiative grew out of his invaluable experience advising governments on banking sector restructuring and privatization. Arjuna’s earlier career was shaped at Lehman Brothers, where he spent several years financing major global infrastructure projects such as power plants and airports.

Arjuna is a distinguished alumnus of Harvard Business School, where he earned his MBA degree, and Columbia University, where he graduated with a BA degree in Computer Science. His diverse background, coupled with his unwavering passion for creating positive social change, has made him an influential force in the world of impact investing and financial innovation.