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Nine Indian Americans in Forbes 'Midas 100'

Press Trust of India  |  New York 

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 financials and human resources software company was ranked 25th in the list.

The list was topped by Jim Breyer of Accel Partners, who had bet USD 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

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First Published: Fri, May 04 2012. 15:55 IST
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