New York: As many as 12 people of Indian origin have made it to the Forbes magazine’s list of 100 dealmakers with ‘midas-touch’.
The list was prepared on the basis of the value of the companies that these people had taken public or sold in the last five years. The amount of capital as well as their involvement in it was also taken in to account.
Ram Shriram, a founding board member of internet search giant Google, has been named at the third position in the Midas 100 List.
The list has been topped by L John Doerr of Kleiner Perkins Caufield & Byers.
Shriram currently runs a venture capital firm by the name of Sherpalo. He made a fortune by making early investments in Google. He has moved up one position from his fourth rank last year. Shriram has also invested in the travel portal ,Cleartrip, and internet-based photo service provider, Xoom.in, in addition to online money management firm, Mint.com.
Shriram is accompanied by 11 other persons of Indian origin on the list, including Navin Chaddha (10th) - an IIT graduate who heads India investments of Mayfield Fund, and well-known venture capitalist Vinod Khosla (70th).
Chaddha ranked 58th in the previous year’s list. He has successfully managed deals like IL&FS Investsmart and India Infoline in the financial services space and Provogue in fashion.
Others on the list are Aneel Bhusri (16th), Parag Saxena (31st), Arjun Gupta (51st), Rob L Soni (58th), Deepak Kamra (69th), Raman Khanna (74th), Ravi Adusumalli (77th), Shirish Sathaye (82nd) and Rob S Chandra (96th).
Bhusri was formerly Vice-Chairman at business software firm PeopleSoft and sold off stakes in start-ups like Data Domain, OutlookSoft and Polyserve.
Software engineer Arjun Gupta worked as a consultant at global giant McKinsey and founded TeleSoft Partners in 1996. According to Forbes, his major deals included Salesforce.com and Sierra Design Automation.
Vedanta Capital’s Parag Saxena has invested in sectors ranging from wireless to biotech and has successfully raised $1.4 billion fund - New Silk Route.
The report further added that Delhi-born technology investor Deepak Kamra of Canaan Partners has tapped into telecom and software markets with successful IPOs Acme Packet and SuccessFactors. Having led Canaan Partner’s foray into India, Kamra also bought stake in matrimony website BharatMatrimony in 2006.