Vasudev Tumbe joined Mahindra & Mahindra, Mumbai, in 1982 as a professional cricketer, having represented and captained Mumbai and West Zone Under-22 and university cricket teams. Being a qualified cost accountant, he worked in various roles in finance, accounts and costing, and was vice president (finance & accounts, automotive division) from 2008 to 2013 before going to South Korea. From July 2013 to December 2019, he was the vice president and CFO of SsangYong Motor Company, South Korea, a listed USD 3 billion subsidiary of Mahindra & Mahindra. He also served on the board of the Indian Chamber of Commerce in Korea (ICCK) from 2013 to 2019 and was its chairman from August 2017 to December 2019, closely working with the Indian embassy in South Korea to promote India–Korea trade and investment.