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HindustanTimes Sat,27 Dec 2014

10 Indians on Forbes Midas list of top tech investors

IANS  Washington, May 09, 2013
First Published: 12:02 IST(9/5/2013) | Last Updated: 17:06 IST(21/5/2013)

Only three Indian dealmakers figure among 100 top tech investors on Forbes Midas List, far outdistanced by China with 17 top dealmakers in the Asian venture market.

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Remarkably, some 20% of the top 100 VCs have invested in China and India, up from 17% last year, a major development in recent years for these Startup Asia markets, Forbes said. 

The three top Indian dealmakers listed by the US business magazine were: Sameer Gandhi, Accel Partners #44, Bijan Sabet, Spark Capital, #51 and Navin Chaddha, Mayfield Fund, #52.

Besides the three Indian dealmakers seven other persons of Indian origin figure in the Forbes Midas list for 2013.

They are: Aneel Bhusri, Greylock Partners #14; Asheem Chandna, Greylock Partners #20; Neeraj Agrawal, Battery Ventures #27; Venky Ganesan, Menlo Ventures #32; Vinod Khosla, Khosla Ventures #68; Salil Deshpande, Bain Capital Ventures #71; and Ajay Agarwal, Bain Capital Ventures #94. 

In this year's Midas List of top tech investors, the IPO of Facebook, the largest IPO ever for an Internet company, which briefly valued the company at $104 billion cast a large shadow over the rest of the venture industry in 2012, Forbes said.

Despite its disappointing post-IPO performance, Facebook still drove many of the top names on the Midas list, including five of the top ten and 6 of the top 11, the magazine said.


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