NRIs Returning to India
“The Indian entrepreneurial ecosystem was the triggering point for my return to India in January 2011,” shares Vikram Upadhyaya, Chief Mentor and Accelerator Evangelist, GHV Accelerator. A Graduate from University of Tokyo, Upadhyaya started his entrepreneurial journey way back in 1999. Besides being a serial entrepreneur, Upadhyaya has a diversified experience in handling Japanese offshore projects to global corporate strategy and specialises in new ventures turnaround.
When asked about his decision to return home, Upadhyaya replies, “It was quite a big decision in my life when I and my family decided to relocate to India from a place where we lived for over 15 years, a city that is described as one of the most safe, developed and prosperous destinations of the world - Tokyo.”
In 2008, when Upadhyaya was trying to establish the TiE - Tokyo chapter along with mentoring and investing in Indian start-ups like Druva, Stayzilla, Merinews, IndiaCollegeSearch etc, he met Kanwal Rekhi, who was also visiting Tokyo along with other TiE - Tokyo Founding Members. Also known as the father of Indian entrepreneurship, Rekhi is an Indian-American businessman, venture capitalist, angel investor and an entrepreneur. He is currently serving as the Managing Director of Inventus Capital Partners.
“Over my three days of interaction with him, I realised that if I wanted to do something impactful for the country and empower entrepreneurs, I will have to be in their ecosystem. In 2011, I finally decided to be a part of the change and committed myself towards working to empower the Indian entrepreneurial and start-up ecosystem,” asserts Upadhyaya.
Through Green House Ventures (GHV), Upadhyaya looks to close investments in 10 promising startups from India every year. He plans to put $100K against 20 per cent equity in each startup and complete the acceleration programme, which will help startups close Series A and go global.
For More Details - http://www.ghvaccelerator.com/
Source : EntrepreneurIndia.
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