PRESS RELEASE:
SAN JOSE, Calif.–(BUSINESS WIRE)–April 5, 2016–
Venktesh Shukla, Chairman of TiE Global, is joining Fenox Venture Capital as a General Partner to further strengthen its investment activities in Asia.
Venktesh is a seasoned investor and serial entrepreneur who has been involved with numerous startups as an executive, investor, board member, or adviser. As the President of TiE Silicon Valley, he has had a transformational impact on the organization and now also serves as the Chairman of TiE Global. As the founding President of the Foundation for Excellence for the first 17 years of its 20 years existence, he set the stage for its current success in providing scholarship to thousands of talented but underprivileged students pursuing engineering and medical education in India.
Venktesh hosted the Indian Prime Minister Mr. Narendra Modi during his visit to Silicon Valley in September 2015 and contributed to the policies included in the Prime Minister’s new Start Up India initiative. He has hosted a large number of government delegations from India and other countries and helped them develop their start up policy. He recently led a large Silicon Valley delegation to India to participate in discussions relating to development of the startup ecosystem in India.
“We are very excited to have Venktesh Shukla as a General Partner,” said Anis Uzzaman, Co-founder and General Partner at Fenox Venture Capital. “Venktesh will bring core expertise to Fenox that will strengthen and diversify our global campaign. Two thirds of the world’s population lives in Asia, and Venktesh can help us expand our operations to new regions in Asia, including India”.
“I am very excited to join the Fenox team,” said Venktesh Shukla. “Fenox has been supporting entrepreneurs in the USA, Europe, Japan, Korea, Taiwan, Indonesia and Bangladesh. I will be able to help them reach out to more regions. Fenox is the only VC firm in the Silicon Valley that has been working as a bridge between USA and Asia. Fenox has already introduced many Silicon Valley startups to Asia and connected them with large corporations for exponential growth. I feel that I will be able to add value to this existing model.”
About Fenox Venture Capital
Fenox Venture Capital is a Silicon Valley-based Venture Capital firm focused on early stage investment, with several multi-million dollar funds under management. Fenox is a major investor in the fields of IT, Health IT, Artificial Intelligence, IoT, Robotics, Big Data, Virtual Reality, Augmented Reality, FinTech, and Next Generation Technologies. Fenox has invested in more than 65 US and Asian startups, including Jibo, ShareThis, Genius, LARK, META and more.
Fenox bridges the gap between bold and disruptive startups and the large corporations that seek to work with them. Through its network of large corporate LPs, it connects portfolio companies to the right strategic partners for business development, product integration, distribution and global expansion.
Headquartered in San Jose, Fenox is the only Silicon Valley VC with a truly global presence, including offices in Bangladesh, Belarus, Dubai, Indonesia, Japan and South Korea.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160405005675/en/
Fenox Venture Capital
John Lim, 314-800-3597
Public Communications
jlim@fenoxvc.com
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