Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
 
 
August 19, Saturday 2017 2:41 PM       

       HEADLINES: Sreenath's family submits complaint to CM                                              Malappuram collector orders to remove check-dam constructed by P V Anwar MLA                                              Yet another ‘Blue Whale’ death in Kerala? Mother talks about her dead son                                              Banned currency worth Rs. 10 crore ceased from Kayamkulam                                              Middle-aged man dies after hit-and-run accident                                              Solution to Kashmir, terrorism, before 2022: Rajnath                                              RBI to issue new fluorescent blue Rs 50 notes                                              14 dead in twin attacks as Spanish police launch manhunt                                              Indonesia begins countdown to 2018 Asian Games                                              Some felt Kumble was strict but not me, says Wriddhiman Saha                                              Kaumudi Facebook
       BUSINESS Next Article: Digitisation will curb shadow economy, says Meghwal  
       11 PIOs in Forbes's list of best venture capitalists
 
         Posted on :14:46:42 May 15, 2017
   
A A
       Last edited on:14:46:42 May 15, 2017
         Tags: Forbes Midas 2017
 

NEW YORK: Eleven Indian-American investors feature in Forbes magazine's annual list of the 100 best venture capitalists who are behind some of the highest- returning investments in the technology sphere.

The 'Midas 2017' comprises 100 best venture capitalists in the world, taking into account a five-year look-back at a partner's portfolio, with exits by IPO or acquisition of USD 200 million or more and private holdings that raised money at valuations of USD 400 million or more over that time period.

The list has been topped by Jim Goetz, Partner in Sequoia Capital. He retains the top spot three years after the monumental sale of messaging giant WhatsApp to Facebook for nearly USD 22 billion.

Goetz, the only investor in the company, transformed USD 60 million over three rounds into more than USD 3 billion in Facebook stock.

The list includes 11 venture capitalists who are of Indian-origin and have been behind some of the highest- returning investments in the technology sphere in the US.

Neeraj Agrawal, General Partner in Battery Ventures on the 17th spot leads the pack of Indian-origin venture capitalists on the list, followed by Sameer Gandhi, Partner in Accel Partners (23), Asheem Chandna, Partner in Greylock Partners (28), Salil Deshpande, Managing Director in Bain Capital Ventures (33), Aneel Bhusri CEO and Cofounder of Workday (37).

Gaurav Garg, Founding Partner of Wing Venture Capital (48), Promod Haque, Senior Managing Partner of Norwest Venture Partners (67), Hemant Taneja, Managing Director of General Catalyst Partners (70), Navin Chaddha, Managing Director of Mayfield Fund (73), Ravi Mhatre, Partner in Lightspeed Venture Partners (76) and Deven Parekh, Managing Director of Insight Venture Partners (99).

Agrawal returns to the Midas List for the 7th consecutive time. Two of Agrawal's software companies, Coupa and Nutanix, went public in 2016, and another, AppDynamics, was about to go public in early 2017 before it was scooped up by Cisco for USD 3.7 billion.

Taneja, who holds five degrees from the Massachusetts Institute of Technology, debuts on the Midas List due to an early investment in Snap, the social platform that went public at a market capitalization of USD 25 billion in February 2017.

Haque, an alumnus of Delhi College of Engineering, has served as senior managing partner at Norwest Venture Partners since 2013, where he focuses on enterprise and healthcare IT.

In his more than 15 years of venture capital experience, Haque has invested in more than 70 companies that have produced more than USD 40 billion in exit values.

Forbes said while micro-blogging site Twitter still accounts for 12 Midas investors and Facebook another 10, they're now making way for Snap, the social app that went public in February 2017, and its eight investors in the 2017 Midas ranks.

A A
       BUSINESS
Next Article: Digitisation will curb shadow economy, says Meghwal
 
 
BUSINESS HEADLINES
PM to launch Rs 15k-cr road projects in Rajasthan  
Sikka quits Infosys after Murthy campaign  
Nifty snaps 3-day winning spree, down 67 pts  
Maruti rolls out sporty 'Ciaz S' at Rs 9.39 lakh  
RBI still has room to slash rate in current fiscal: Kidwai  
Our full sympathy with agitating Noida home buyers: FM  
Videocon names Rajesh Rathi as business head  
Sensex surges 235 pts as geo-political tensions ease  
Sensex jumps 191 points, ignores weak IIP data  
Trai website to soon display telcos' tariff plans: Sharma  
NPA resolution to spur credit expansion, growth: Panagariya  
Sensex, Nifty snap 5-week winning streak on profit-booking  
200 Indian business reps see great investment opportunities in Kazakhstan  
FICCI for substantial slash in policy rates by RBI  
Kochi Shipyard makes strong market debut after $225 million IPO  
Gold tops Rs 30,000-mark, spurred by safe haven appeal  
Govt has not written off single rupee of corporate loans: FM  
Sensex losses mount on global sell-off, dives 336 pts  
Def Min wants non-lapsable capital fund; writes to finance min  
Parijat Industries builds war chest of international trademarks in 45 countries  
Sensex closes at 1-mth low, hit by losses for 4th day  
Rupee wobbles on global tensions, dives 21 paise to 63.84  
Denial of benefit over lack of Aadhaar is breach of norms  
Nifty ends below 10,000, drops 79 pts  
CBDT highlights 25 per cent surge in filing of IT returns  
 
Do you think Pulsar Suni's Madam is a spoof?
yes
 
no
 
don't know
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy