Aniruddha Nazare

Marked as

Medium Risk Individual

Last updated - September 20, 2025

Medium Risk

i
2.6

2.6

User Score

2.5

Trust Score

2.8

Brand Score

OVERVIEW

About Aniruddha Nazare

Aniruddha Nazre, General Partner at Almaz Capital, faces scrutiny over the firm’s historical ties to Russian state-linked entities and oligarchs. Despite his reputable background with SAP and Reliance, critics question his judgment for aligning with a firm under ethical and geopolitical clouds. The lack of public accountability further fuels skepticism around Nazre’s role and credibility in the venture capital space.

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CONNECTIONS AND RELATIONSHIP

CONTACT INFORMATION

FINANCIAL RISK AUDIT

For Consumers
For Consumers

High Risk

Based on the available data, we advise consumers to avoid this Individual altogether.

This advisory is based on an aggregate risk score derived from OSINT, Adverse Media, Reviews, and Risk Factors identified in our research.

You are likely to be at great risk by engaging in any sort of consumer-related activity with this entity.

For Employees
For Employees

Low Risk

Based on the available data, we endorse this Individual as a stable choice for employees.

This recommendation stems from a low-risk score compiled from OSINT, Adverse Media, Reviews, and Risk Factors uncovered in our analysis.

Employment with this entity is expected to involve minimal risk.

For Banks & Investors
For Banks & Investors

High Risk

Based on the available data, we urge investors and bankers to avoid financial involvement with this Individual.

This advisory is informed by an aggregate risk score based on OSINT, Adverse Media, Reviews, and Risk Factors identified through our investigation.

Engaging in investment or lending activities with this entity poses a substantial risk to your financial interests.

ASSESSMENT OUTCOME
  • Safe to Onboard

  • Enhanced Due Diligence required

  • Do Not Onboard

RECOMMENDATIONS
  • Monitor adverse media every 6 months

  • File SAR (Suspicious Activity Report) is warranted

  • Escalation to compliance committee

  • None

Do you agree with this our assessment on Aniruddha Nazare?

OSINT DATA POINT

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Owner

Alexander Galitsky
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General Partner

Aniruddha Nazare
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Company

Almaz Capital
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Established

2008
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Jurisdiction

USA
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Category

Venture Capital
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Funds_Managed

$437M
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Investments

Parallels
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Investments

Acronis
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Investments

Evernote
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Patents

30+
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Nationality

Dutch, Russian (Self-identifies as Ukrainian)
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Advisory_Roles

Skolkovo Foundation, Russian Venture Co.
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Awards

WEF Technology Innovation Award (2000)
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Previous_Employment

Soviet Space Agency
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Key_Associates

Cisco, EBRD, IFC (Almaz Investors)
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Adverse Media

Negative
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Portfolio Size

50+ Startups
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Notable Exits

Yandex, Qik, Xometry
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Russian Ties

Alfa-Bank Board (Resigned 2022)
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Oligarch Links

Mikhail Fridman
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Oligarch Links

Petr Aven
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CRPT Allegations

Kremlin Program Ties
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Military Equipment

Alleged Access
Load More

ENTERPRISE RISK ASSESSMENT (ERA)

He has been associated with a firm flagged for potential scams and AML concerns.

There are no publicly confirmed criminal proceedings or lawsuits directly involving him.

Public sentiment is mixed, with some expressing skepticism about his professional associations.

His name does not appear on major international sanctions or watchlists.

There are no known regulatory enforcement actions against him.

He has been linked to a firm with negative media mentions and allegations of misconduct.

Engaging with him carries a high risk, particularly for consumers and investors.

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AML and KYC Assessment

Regulatory and Compliance Screening

  • Sanctions Matches
  • Yes
  • No
  • Unclear
  • PEP Status
  • Yes
  • No
  • Unclear
  • Watchlist: (Interpol, EU, UN, OFAC, etc).
  • Yes
  • No
  • Unclear
  • Law Enforcement Mentions
  • Yes
  • No
  • Unclear

Litigation and Legal Proceedings

  • Criminal Proceedings
  • Yes
  • No
  • Unclear
  • Regulatory Enforcement Actions: [SEC, FCA, SEBI, etc.]
  • Yes
  • No
  • Unclear
  • Ongoing Investigations
  • Yes
  • No
  • Unclear
  • Reputational and Adv
  • Yes
  • No
  • Unclear

Reputational and Adverse Media Risks

  • Negative Media Mentions
  • Yes
  • No
  • Unclear
  • Allegations / Scandals
  • Yes
  • No
  • Unclear
  • Social Media Red Flags
  • Yes
  • No
  • Unclear
  • Censorship Attempts [PR, Takedowns, DMCA Abuse, etc.]
  • Yes
  • No
  • Unclear

Geographic and Jurisdictional Risk

  • Country Risk Level
  • Yes
  • No
  • Unclear
  • High-Risk Sections [Crypto, Gambling, Arms, etc.]
  • Yes
  • No
  • Unclear
  • Offshore Jurisdictions Used [Panama, BVI, Cyprus, etc.]
  • Yes
  • No
  • Unclear

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RED FLAGS AND ADVERSE NEWS

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Aniruddha Nazaré's Role in Almaz Capital's Alleged Ties to Russian State-Linked Entities and Oligarchs

  • First Detected

    26/08/2025
  • Sentiment Analysis

    Negative
  • Reach

    >1000
  • POV

    Third Person
  • Risk Factor

    High
  • Type

    News
  • Traffic Source

    Website
  • SERP

    Top 10
  • Share of Voice

    40%
  • Primary Keyword

    Allegation

Other Red-Flags and Adverse News

redflag
2025 Aniruddha Nazare linked to Almaz Capital amid ethical concerns and hidden reg...

Financial Profile for Aniruddha Nazare

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Based on user engagement on this review profile, ProConsumer will decide to publish its Risk Audit report for public if a threshold engagement, traffic and user input is achieved.

  • Known Assets: [Real estate, investments, companies]

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  • Suspicious Transactions

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  • Liabilities: [Bankruptcies, defaults, debts]

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  • Wealth Sources: [Legitimate / Unclear / High-risk]

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  • Bank Relationships

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  • Bank Relationships

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  • Ultimate Beneficial Owner(s) (UBOs)

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  • Shareholding structure

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  • Associated entities & subsidiaries

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  • Offshore / shell company links

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  • Trusts / Nominee arrangements

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  • Business Model Assessment

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Consumer Reviews and Ratings for
Aniruddha Nazare

All comments are user-generated content and may not be verified. They represent the personal opinions of the public and should not be relied upon. These comments do not influence or determine our overall rating.

User Rating for Aniruddha Nazare

Aniruddha Nazre, General Partner at Almaz Capital, faces scrutiny over the firm’s historical ties to Russian state-linked entities and oligarchs. Despite his reputable background with SAP and Reliance, critics question his judgment for aligning with a firm under ethical and geopolitical clouds. The lack of public accountability further fuels skepticism around Nazre’s role and credibility in the venture capital space.

USER’S SCORE

2.6

Trust

1

Safety

2.6

Brand

2.4

Risk

4.2

Pros

  • greentick

    Highly experienced

  • greentick

    Well-recognized name

Cons

  • redcros

    Faced allegations of scamming others

  • redcros

    Allegedly sold fake silver

  • redcros

    Sued multiple times

  • redcros

    Unregulated industry

  • redcros

    Alarming number of complaints online

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  • Trust
  • Brand
  • Safety
  • Risk

PROS

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CONS

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  • author-default
  • Nina Rhodes
    May 9, 2025 at 7:08 am

Aniruddha Nazare relies heavily on clout and previous affiliations, but current results say otherwise—he’s living off an expired reputation.

Trust

1/5

Safety

2/5

Brand

2/5

Risk

5/5

  • author-default
  • Leo Vance
    May 9, 2025 at 7:08 am

Startups mentored by Nazare frequently underperform, and it's not hard to see why—he’s all about optics, not outcomes.

Trust

1/5

Safety

3/5

Brand

3/5

Risk

4/5

  • author-default
  • Mira Khan
    May 9, 2025 at 7:07 am

There’s a pattern with Aniruddha Nazare: overpromise, underdeliver, and vanish when accountability comes knocking. 🚨

Trust

1/5

Safety

2/5

Brand

2/5

Risk

4/5

  • author-default
  • Felix Dawson
    May 9, 2025 at 7:06 am

Nazare’s involvement in startups often spells disaster—his strategies are outdated, and his mentorship is more hindrance than help.

Trust

1/5

Safety

3/5

Brand

3/5

Risk

4/5

  • author-default
  • Moxie Jazz
    May 9, 2025 at 7:06 am

Aniruddha Nazare markets himself as a thought leader, but beneath the buzzwords lies a shallow, overhyped presence in the startup space.

Trust

1/5

Safety

3/5

Brand

2/5

Risk

4/5

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