– Influential Venture Capitalist Teams with Indian Institute of Technology Alumni to Fuel Start-up Accelerator –
SAN FRANCISCO–(BUSINESS WIRE)–September 9, 2020–
Asha Jadeja, the influential Silicon Valley-based enterprise capitalist, is pledging $1M US in seed funding for start-ups throughout the Indian Institute of Technology Start-ups accelerator program. Previously, Jadeja has invested in over 100 start-ups along with high-profile public companies resembling Google and PayPal.
Launched in 2018 by Monishi Sanyal, alumni of the distinguished Indian Institute of Technology, IIT Startups is a novel non-profit accelerator program throughout the San Francisco Bay Area. Asha Jadeja, founding father of the non-profit Motwani Jadeja Foundation (MJF), is an ongoing sponsor, and has allotted $1M US for direct funding in promising IIT Startups portfolio companies.
The partnership with MJF affords these portfolio companies entry to this capital all through their fundraising endeavours. As an entrepreneur herself, Asha’s philanthropic work has championed “exponential growth” designed to ignite youthful entrepreneurs to show into disruptive change-makers.
MJF’s Exponential India initiative
“This seed fund for IIT Startup Accelerator is part of a larger MJF initiative called Exponential India (EI). EI is launching several awareness campaigns within India aimed at supporting economic growth and globalization as well as re-energizing public policy towards foreign investment,” said Asha Jadeja, founding father of the MJF.
About IIT Startups
IIT Startups affords free mentoring, educating, and workshops to entrepreneurs to help them scale their companies. All IIT belongings will be discovered on the IIT Startups website free of price. Past IITians have co-founded larger than 300 companies like Sun Micro, Google, Juniper Networks, Webex, Cirrus Logic. Visit http://www.iitstartups.org.
About Motwani Jadeja Foundation
Asha Jadeja primarily based the Motwani Jadeja Foundation to develop a group of entrepreneurs in South Asia educated to suppose and drive exponential change. The foundation helps US – India partnership for disruptive entrepreneurship, gender equality, and inclusive enchancment.
A company believer in self-sustaining social actions supported by native communities, Asha created and enabled Maker Fest – a grassroots social movement that is now prolific in Africa, India and additional simply recently in Brazil. She created India’s first group of dozens of Fablabs designed to spark merely in time manufacturing capabilities in India. With help from Prof Sugata Mitra, Asha organize India’s first self-supported ‘School in the Cloud’ in Ahmedabad, Gujarat. This has now grown to over 60 domestically managed and sustained “schools in the cloud” all via South Asia. Motwani Jadeja Family Foundation is a 501c3 non-profit Organization. https://motwanijadejafoundation.com/
Asha is an influential thought chief and speaker at assorted worldwide events.
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