Saurabh Srivastava
Born
Uttar Pradesh, India
Occupation(s)Entrepreneur
Investment professional
Years activeSince 1988
Known forEntrepreneurship
Angel investment
AwardsPadma Shri
Dataquest Lifetime Achievement Award
IITK Distinguished Alumnus Award
PM's IT Industry Award

Saurabh Srivastava is an Indian entrepreneur, investment professional, institution builder and a former chairman of NASSCOM, a non-profit trade organization for the promotion of Indian IT industry.[1] A master's degree holder from Harvard University, he founded Infinity Venture, reportedly the first venture capital fund in India[2] and is a recipient of Dataquest Lifetime Achievement Award, the IT Industry Award from the Prime Minister of India and Distinguished Alumnus Award from the Indian Institute of Technology, Kanpur.[3] The Government of India awarded him the fourth highest civilian honour of the Padma Shri, in 2016, for his contributions to trade and industry.[4]

Biography

Saurabh Srivastava, after graduating in engineering from the Indian Institute of Technology, Kanpur, continued to his studies at Harvard University and secured a master's degree in science from the university.[5] He started his career with IBM in the US and later worked at Tata Unisys in India before embarking on his entrepreneurial career.[6] In 1989, he founded IIS Infotech Limited, an IT company and served as its chairman till 2001, oversaw its merger with Xansa, the British BPO, in 2000[7] and served as the executive chairman of Xansa India till 2006.[8] He was one among the group of IT entrepreneurs who founded the National Association of Software Services Companies (later renamed as NASSCOM) in 1988 and served as its chairman from 1997 to 1999 after which he holds the position of the Chairman Emeritus.[1] Infinity Venture, a venture capital founded by him in 1999, was reportedly the first such initiative in India and he has been serving as its chairman since inception. TiE New Delhi NCR, a non profit community promoting entrepreneurship, is one another institution founded by him and he has served as its chairman; he continues his association with the institution as its Chairman Emeritus and a board member.[9]

Srivastava is the chairman Spice Digital,[10] and has also chaired such associations as Electronics and Computer Software Promotion Council (ESC), Indian Venture Capital Association, Indian Private Equity and Venture Capital Association and the Indus Entrepreneurs.[5] He is one of the founders[11] and an individual member of the Indian Angel Network, the largest angel investor forum in India[12] and one of the largest in the world.[6] He sits in the advisory boards of Imperial College Business School, two Indian Institutes of Technology at Delhi and Kanpur and two universities, Uttarakhand Technical University and Himachal Pradesh University.[13] He also serves as an adjunct professor of entrepreneurship at the Indian Institute of Technology, Mumbai.[3]

Awards and honors

Dataquest, the Indian magazine for IT industry, chose him for their 2014 Lifetime Achievement Award in 2015.[14] He has received a doctorate (honoris causa) from the University of Wolverhampton and is a recipient of the IT Excellence Award of the Prime Minister of India.[13] The Government of India awarded him the civilian honor of the Padma Shri in 2016. He is also a recipient of the Distinguished Alumnus Award of the Indian Institute of Technology, Kanpur.[3]

See also

References

  1. 1 2 "Past Chairmen". nasscom.in. NASSCOM. 2016. Archived from the original on 20 August 2016. Retrieved 11 August 2016.
  2. ↑ "IAN Co-Founder Saurabh Srivastava Honoured With Padma Shri". Web news. 31 January 2016. Retrieved 11 August 2016 – via Next Big What.
  3. 1 2 3 "Saurabh Srivastava on AIF". America India Foundation. 2016. Retrieved 11 August 2016.
  4. ↑ "Padma Awards" (PDF). Ministry of Home Affairs, Government of India. 2016. Archived from the original (PDF) on 3 August 2017. Retrieved 9 August 2016.
  5. 1 2 "Executive Profile". Saurabh Srivastava. Bloomberg. 2016. Retrieved 11 August 2016.
  6. 1 2 "Individual Members". Indian Angel Network. 2016. Retrieved 11 August 2016.
  7. ↑ "About Us". Infinity Venture. 2016. Retrieved 12 August 2016.
  8. ↑ "Position: Chairman of CA India". SIDBI Innovation and Incubation Centre. Indian Institute of Technology, Kanpur. 2016. Retrieved 11 August 2016.
  9. ↑ "Board Members". TiE New Delhi NCR. 2016. Retrieved 12 August 2016.
  10. ↑ "Dr. Saurabh Srivastava, Chairman". Spice Digital. 2016. Retrieved 11 August 2016.
  11. ↑ "Saurabh Srivastava-Lifetime Achievement Award". TiE Global. 2016. Retrieved 12 August 2016.
  12. ↑ "Indian Angel Network leads funding in Find My Stay". Economic Times. 13 July 2016. Retrieved 12 August 2016.
  13. 1 2 "Chairman, India Operations" (PDF). NASSCOM. 2016. Retrieved 12 August 2016.
  14. ↑ "Modi's General Elections 2014 Digital Campaign Bags Dataquest Award". One India. 22 May 2015. Retrieved 12 August 2016.
  • Saurabh Srivastava (5 June 2015). "Global Entrepreneurship". Keynote address at TiEcon 2015. TiE SiliconValley. Retrieved 12 August 2016.
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