It is a proud moment for Indian startup ecosystem that fourteen Indian investors have made it to the list of top venture capitalists in the World. These 14 investors hail from Indian roots and have made it to the top 100 list of global venture capitalists. CB Insights, a venture capital research firm have compiled this research after evaluating the investors on the basis of their investments since 2008. Here is the list. Sameer Gandhi Sameer Gandhi of Accel Partners at rank 25 was the top-ranked Indian venture capitalist. He focuses on investments on consumer, software and services. He is an MBA from Stanford and BSEE along with MSEE from MIT. Linkedin: https://www.linkedin.com/in/skgandhi
Promod Haque Promod Haque of Norwest Venture Partners is ranked at 32 among the VCs globally. Haque focuses on investments across a wide variety of sectors including systems and IT infrastructure, healthcare IT, software and services. Throughout his 25 years of experience in the VC industry, Promod has invested in more than 60 companies, which have produced more than $40B in exit values to date. In 2014, Forbes recognized Promod as a “Hall of Fame” investor. 2015 marked Promod’s eleventh appearance on the Forbes Midas List, including 2004, when he was ranked the #1 venture capitalist based on performance over the previous decade. Recent liquidity events in Promod’s portfolio include cyber security leader FireEye (Nasdaq: FEYE); high fidelity imagery and infinite analytics company Skybox Imaging, acquired by Google for $500 million; and API management leader Apigee (Nasdaq: APIC). In addition, NTT Communications recently acquired Virtela, a company where Promod was the founding investor and Chairman of the Board, for $525 million. Promod received a bachelor of science degree in electrical engineering from the University of Delhi, India. He holds a Ph.D. in electrical engineering from Northwestern University and an MBA from Northwestern’s Kellogg Graduate School of Management, where he serves on the advisory board. Linkedin: https://www.linkedin.com/in/promodhaque
Salil Deshpande Salil Deshpande of Bain Capital Ventures was the third Indian to feature in the list. He was ranked 35th. Salil focuses on infrastructure software with an emphasis on early-stage open source technology. focus on infrastructure software and open source, and have invested $150M into 35 companies over 9 years, mostly early, including Redis Labs (the Redis NoSQL database), Hazelcast (in-memory computing for Java), Tealium (marketing data infrastructure), Typesafe (the Scala language; Akka and Play frameworks for Java), Aria Systems (ERP for recurring revenue businesses), Iron.io (lambda architectures), Cascading (application performance management), ZeroTurnaround (faster Java redeployments), APImetrics (API testing and performance management), Frame (better Citrix), Dynatrace (application performance management, now owned by Thoma Bravo), Buddy Media (social media marketing platform; acquired by Salesforce.com), SpringSource (open source Java application servers; acquired by VMware), Engine Yard (PaaS), MuleSoft (open source application and enterprise integration), Lending Club (peer to peer lending), G2One (open source, Groovy & Grails; acquired by SpringSource), Sonatype (open source, software component management), Jambool (virtual currencies for social graphs; acquired by Google), FantasyBook (fantasy sports apps on Facebook; acquired by Citizen Sports, now part of Yahoo), Dropcam (wifi cameras with cloud DVR service; acquired by Google), Vaxart (vaccine platform), Philz Coffee (handcrafted cups of love) and Datastax (the Cassandra NoSQL database). He also inherited Tealeaf (customer experience management; acquired by IBM) and served on its board for three years prior to its acquisition by IBM. My largest write-off was $600K and he was on the Forbes Midas List in 2013, 2014, and 2015. Linkedin: https://www.linkedin.com/in/salil I will cover the other 11 in next post.