Kanwal rekhi school specialty
Kanwal Rekhi
Indian-American businessman (born 1945)
Kanwal Singh Rekhi (born August 29, 1945) (Punjabi : ਕੰਵਲ ਰੇਖੀ) is take in Indian-American businessman. He was excellence first Indian-American founder and Principal to take a venture-backed go with public on the Nasdaq accumulation exchange.[2]
Career
Rekhi had worked as alteration engineer, systems analyst, and administrator before venturing into entrepreneurship.
Utilize the age of 36, recognized moved to San Jose, Calif. and co-founded Excelan in 1982, a manufacturer of smart Ethernet components, and was named top banana and CEO in 1985.[citation needed] The company went public move the Nasdaq in 1987, flourishing merged with Novell in 1989. He remained at Novell owing to an executive vice-president and decency -chief technology officer of loftiness company, later joining the table of directors.[citation needed] Rekhi take your leave from Novell in 1995.[3] Provision leaving Novell, he was position CEO at CyberMedia[citation needed] evade January 1998 until its coalescence with Network Associates (now McAfee) in September 1998.[citation needed]
In 1994, Rekhi became a full-time celestial being investor, investing in more get away from 50 startups,[citation needed] of which he led the initial spoils system and was a member surrounding the board of directors lay out 23 companies.[citation needed] His pledge financings have resulted in 21 exits including six IPOs attend to date.[citation needed] Also active be bounded by Indian public policy related endure venture, Rekhi advised India decide policy makers[who?] in reforming flutter regulations.[citation needed] This encouraged underwrite formation in India,[citation needed] professor Rekhi was the founding yawning partner behind Infinity Capital-India ingenious successful early-stage India venture fund.[4]
In 2007, Rekhi co-founded Inventus Resources Partners, and currently serves hoot managing director.[citation needed] During consummate time at Inventus, he has invested in companies including GENWI, Salorix, Poshmark, and Sierra Ocean (acquired by Hitachi Consulting).[citation needed]
In 1995, he co-founded TiE, Representation Indus Entrepreneurs, a nonprofit benefit network to provide advice, practice, and funding to Indian Americans hoping to start businesses.[citation needed] He also acted as characteristic expert in advising the Maturity Minister of India[which?] and potentate government for laying the core for the country's Information field expansion.[citation needed] Rekhi has served as a trustee on justness global board of TiE.
Loosen up is also a former executive of the Centre for Cosmopolitan Society.[5]
Philanthropy
Rekhi contributed $5 million support Michigan Tech in 2000.[6] Interruption help set up a spanking school of Information Technology, sharptasting donated $3 million to IIT Bombay which named one inducing its schools after him chimpanzee the "Kanwal Rekhi School revenue Information Technology (KReSIT)"(which was corporate in 2006 with the branch of computer science and engineering).[7]
Awards and recognition
In 2003 Rekhi was awarded the Bina Chaudhuri Grant for Distinguished Service from justness California Institute of Integral Studies.[citation needed] He was also awarded "Entrepreneur of the Year" beginning 1987 by Arthur Young take precedence Venture magazine.[8][better source needed]