Naren Gupta

In a career spanning over three decades he was recognized for his contributions to global technology and entrepreneurial ecosystems, and for venture capital investments in India.

[1] In 2007, Gupta founded Nexus Venture Partners, a Silicon Valley investment firm, with offices in Menlo Park, California, and Mumbai and Bangalore in India.

As of 2016, the company had $1bn under management with an active portfolio of 60-plus firms across industries: business services, consumer, healthcare, internet and technology.

He also had investments in cloud computing and other e-commerce companies including Aryaka, DimDim, Druva, mCheck, PubMatic and Snapdeal.

[6] Operating out of Silicon Valley, Gupta was an advocate for driving investments in the Indian technology and startup ecosystem.

Plus, there is often a push from Indian entrepreneurs to sell earlier than they should, rather than waiting to develop a "billion dollar enterprise over many years".

Basically, Indian entrepreneurs have to get with the program in order to understand "what tickles the fancy of consumers", since there has not been one independent firm that has emerged as a key player here, which Gupta says "makes no sense.

[8] Gupta had helped organize the Indian Prime Minister Narendra Modi's visit to the United States and to Silicon Valley in the summer of 2015.

[10] Reports on his death recognized his contributions to global technology and entrepreneurial ecosystems and called him "a pioneer of Indian venture capital".