Indian Americans in Forbes Midas List

May 04, 2012 |

IANS

Washington

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Nine Indian origin entrepreneurs feature in this year's Forbes Midas List of technology's best investors for fuelling a bull market for hot young companies.

Heading the Indian American list is Greylock Partners' Aneel Bhusri at number 25 (15 in 2011). Bhusri is co-CEO of Workday, the cloud-based financials and human resources software company.

Four-time consecutive Midas member Rob Chandra of Bessemer Venture Partners comes next at number 28 (26 in 2011). Chandra, who had a string of IPOs on India public markets, has two late-stage companies in India-based Bharat Matrimony and Summit Microelectronics.

Sameer Gandhi of Accel Partners is ranked 33rd (81 in 2011). His 2008 Series A investment in file-sharing company Dropbox is doing quite nicely going by the rumoured $4 billion valuation on the 2011, forbes noted. His current investments include growth investments in an India online shopping site called Flipkart.

Khosla Ventures' Vinod Khosla follows at number 34 (71 in 2011). An Indian Institute of Technology (IIT) alumunus, Khosla is known for off-the-beaten-path clean-tech investments.

Khosla's passion for social entrepreneurship led to an investment in SKS, the Indian microfinance lender he funded in 2006 that went public in 2010, Forbes said.

Other Indian-Americans on the Midas list include Battery Ventures' Neeraj Agrawal at 36 (51 in 2011), Mayfield Fund's Navin Chaddha (46), Bain Capital Ventures' Ajay Agarwal (95), Greylock Partners' Asheem Chandna (96) and Accel India's Subrata Mitra (99).

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