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ResearchedIndividual Angel Investor

Abhijit Bhattacharya

Chief Financial Officer, The Magnum Ice Cream Company (2024-present)

Angel InvestorSeed RoundAmsterdam, Netherlands (Philips); currently based with Magnum Ice Cream Company
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At a glance

Title
Chief Financial Officer, The Magnum Ice Cream Company (2024-present)
Former Title
Chief Financial Officer and Member of the Board of Management and Executive Committee, Royal Philips N.V. (2015-2024)
Role
Angel Investor
Firm Type
Individual Angel Investor
Investment Stage
Seed Round
Location
Amsterdam, Netherlands (Philips); currently based with Magnum Ice Cream Company
Age
64 (Born 1961)
Estimated Net Worth
$5 million (as of January 2026)

Background

Abhijit Bhattacharya is an accomplished finance executive with a distinguished 38-year career spanning multinational technology and healthcare corporations. Born in India in 1961, Bhattacharya holds a Master's degree in Finance and Accounting from the Sydenham College of Commerce and Economics at the University of Mumbai, India, and is a qualified Cost and Management Accountant from the Institute of Cost and Works Accountants of India (ICAI).

He joined Royal Philips N.V. in 1987 and held various senior leadership roles across Asia Pacific, Europe, and the United States over his nearly four-decade tenure. His career at Philips encompassed responsibilities in Finance, Capital Structure, Mergers & Acquisitions, Investor Relations, Information Technology, Global Business Services, and Participations. From 2010 to 2013, he served as Head of Investor Relations for Philips, followed by a role as CFO of Philips Healthcare, the company's largest sector at the time. In 2015, he was promoted to Chief Financial Officer and became a member of Philips' Board of Management and Executive Committee, a position he held until his retirement on September 30, 2024, after 37 years of service.

Prior to his CFO roles at Philips, Bhattacharya gained valuable experience outside the company, including serving as Co-President at OmniActive Health Technologies Ltd., Head of Operations & Quality at ST-Ericsson SA (a joint venture between STMicroelectronics and Ericsson), and Senior Vice President & Financial Controller at NXP Semiconductors NV. He also held CFO positions at Philips India Ltd., ST-NXP Wireless, and served as Financial Controller of Philips Semiconductors, Inc.

In December 2024, following his retirement from Philips, Bhattacharya was appointed Chief Financial Officer of The Magnum Ice Cream Company, the newly independent ice cream business demerged from Unilever. He joined the company's Board ahead of its mid-November 2025 demerger, bringing his extensive financial leadership expertise to guide the standalone company's growth strategy.

Bhattacharya maintains active involvement with the Institute of Cost & Works Accountants of India as a Corporate Officer/Principal and serves as a Director/Board Member at Schedulers Logistics India Pvt Ltd., a cold storage transportation company. He is also noted as a Co-Founder of OneGreen, an online marketplace platform offering multi-category organic products.

Investment Thesis & Focus

While Bhattacharya's primary career has been in corporate finance leadership, his angel investing activities appear to be selective and focused on early-stage ventures, particularly in sustainability and organic products sectors. His involvement with OneGreen as both co-founder and angel investor suggests an interest in sustainable consumer products and e-commerce platforms.

His investment philosophy likely draws from his extensive experience in:

Given his background, Bhattacharya likely values:

  • Operational excellence: Deep understanding of finance, operations, and scaling businesses across multiple geographies
  • Strategic M&A: Decades of experience in mergers, acquisitions, and corporate restructuring
  • Healthcare & Technology: Expertise gained through leadership roles in Philips Healthcare and semiconductor businesses
  • Emerging markets: Substantial experience in Asia Pacific markets, particularly India
  • Founders with strong operational fundamentals
  • Companies with clear paths to profitability
  • Businesses leveraging technology in traditional industries
  • Ventures with sustainability or social impact components
  • Early-stage companies in consumer products, healthcare technology, or industrial services

Notable Investments

  • OneGreen - Co-Founder and Angel Investor; online marketplace platform offering multi-category organic products. The company has raised a total funding of $4.91M over 5 rounds from 54 investors, with first funding on September 6, 2021.
  • Schedulers Logistics India Pvt Ltd. - Director/Board Member; cold storage transportation company

Holdings & Professional Network

  • Professional Network: 66 connections across technology, healthcare, and finance sectors
  • Known Holdings: 262,500 shares (representing approximately $5 million valuation as of January 2026)
  • Industry Focus: Electronic Technology, Health Technology, Consumer Services

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