Nine Indian Americans have made it to the list of 100 dealmakers with “Midas Touch” compiled by the Forbes Magazine.
The Forbes list comprises of venture capitalists who had made investments in start-up companies and then sold off their stakes with handsome gains.
Aneel Bhusri the co-CEO of Workday — a cloud-based financial and human resources software company was ranked 25th in the list.
The list was topped by Jim Breyer of Accel Partners,who had bet $12.7 million on a Harvard drop-out with a social network (Facebook),a deal that turned into a “once-in-a- generation investment” Forbes said.
With an 11 per cent stake,Accel Partners,is Facebook’s second largest shareholder after Mark Zuckerberg. Breyer personally owns 1 per cent in Facebook.
Bhusri is accompanied by 8 other persons of Indian origin on the list,including Navin Chaddha (46th) – an IIT graduate who heads India investments of Mayfield Fund-and well-known venture capitalist Vinod Khosla (34th). Chaddha’s current investments include those in mobile app platform,Appcelerator,cloud storage company,StorSimple,a social media company,Gigya,fashion app,Poshmark,and India – based Bharat Matrimony.
Others on the list include Rob Chandra (28th),Sameer Gandhi (33rd),Neeraj Agrawal (36th),Ajay Agarwal (95th),Asheem Chandna (96th) and Subrata Mitra (99th). Rob Chandra had a string of IPOs on India public markets,including IL&FS Transportation Networks (2010),Orient Green Power (2008),Shriram EPC (2008),OnMobile (2008) and Motilal Oswal Financial Services (2007).
His current investments include Avnera (semiconductors),Tilera (multi-processors) and Applied Solar Technologies (energy services).
Gandhi’s current investments include growth investments in hot music startup Spotify and celebrity-focused ecommerce site BeachMint,as well as social browser StumbleUpon,an India online shopping site called Flipkart and custom men’s pants retailer Bonobos.
Neeraj Agrawal’s current investments include some hot companies such as Marketo and Wayfair,as well as Brightree,Glassdoor and Sprinklr.
Mobile,internet and software investor Ajay Agarwal invested in warehouse robot company Kiva Systems,which was sold to Amazon for $775 million in March 2012.
Chandna’s current investments include Aquantia,AppDynamics,Delphix,Sumo Logic,TechProcess,Xsigo Systems,and Zenprise.
Subratra Mitra had invested in Flipkartm which recently raised a new funding round reportedly at a $850 million valuation.