Wednesday, December 17, 2025 | 03:15 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Nine Indian Americans in Forbes 'Midas 100'

Image

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

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 04 2012 | 3:55 PM IST

Explore News