Strategic Investors
Tarang is funded by the leading US based Venture Capitalist firms-Global Internet Ventures and Sequoia Capital India, and Mr. Ashok Narasimhan, former Chairman and CEO of Prio.
Located near Washington, DC, GIV Venture Partners is a private equity firm that partners with entrepreneurs of high growth businesses with proven business models. GIV was founded in 1999 by leading global entrepreneurs and investors. The founders of GIV have started five companies, four of which reached successful IPOs, creating an aggregate $3 billion in market value. The fund has a strong, leanly staffed team that has domestic and international venture experience. The current fund invests in the Mid-Atlantic region with a focus on rapidly growing, privately held businesses in the technology, healthcare and services sectors.
Team
Bill Melton, Founder, Chairman
- Founder of Verifone, CyberCash, TNSI
- Early investor in AOL, Former Director
- Active investor in global IT and Internet Companies
- Advisory Board, Indian CEO High Tech Council
Jeong Kim, Founder, Director
- COO, Optical Networking Group, Lucent
- President, New Business Ventures for Bell Labs, Lucent
- Founder of Yurie Systems
Currently focusing on the emerging Indian cross border software products and services, Sequoia manages a $140 million fund. The principal investors are Goldman Sachs, SUN Technology and Capital Z Investments.
Team
Naresh Malhotra, Director
- Director, Cafe Coffee Day
- Managing Director, Corporate Finance, KPMG India
- Founding Partner of KPMG India, which has grown to over 900 employees
- Specialized knowledge of valuations, M&A, and financial instruments
- Led many IPO transactions in India and M&A transactions in countries around the world
- Managing Director of publicly traded engineering company
- President of Finance, United Breweries Group
- Unilever, ICI, Colgate Palmolive
- Qualified Chartered Accountant
K.P. Balaraj, Director
- Director, WestBridge Capital Partners
- Co-founder and CFO, Miradient Global Network Inc, a B2B
- e-finance company
- Key Member, Whitehall Group - Goldman, Sachs & Co
- Member of various boards and investment committees of Goldman invested companies in South-East Asia
- Investment Banker, Salomon Brothers, New York
- Has worked on Economic policy area, White House, Washington DC
- An MBA from Harvard University and a B.S. in Business Management from BrighamYoung University