Mr. Saurabh Srivastava
Mr. Saurabh Srivastava is one of India's leading entrepreneurs and institution builders, widely acknowledged in India and globally, as one of the architects of the Indian IT Industry and as leading the creation of a vibrant entrepreneurial ecosystem in India. He is the recipient of the prestigious Government of India honor, Padma Shri.
Mr. Saurabh Srivastava did his mechanical engineering from IIT Kanpur in 1968 and went on to pursue his master's degree at Harvard University. He started his career with IBM in the US and later worked at Tata Unisys in India before embarking on his entrepreneurial career.
He co-founded and Chaired key institutions of modern India focussed on entrepreneurship: NASSCOM; Indian Venture Capital Association; TiE New Delhi NCR; Indian Angel Network.
After working for IBM and Tata Unisys in the US and India, Mr. Srivastava became a highly successful serial entrepreneur , founding several successful IT companies. One was ranked amongst the top 20 Indian software companies and, post merger, listed as Xansa on the London Stock Exchange with revenues of approx. US $ 800 mill till it was acquired by Steria. He now Chairs Steria in India.
Mr. Srivastava is a doyen of entrepreneurship and angel/VC investments. He has been involved in investing in around 100 start-ups and has personally mentored hundreds of entrepreneurs. He founded and chaired India's first private sector VC Fund- Infinity, which created companies like, India Bulls, India Games and Avendus. He was adjunct Professor of Entrepreneurship at IIT Bombay, on the board of Incubation Cell of IIT Delhi and is on the board of the Entrepreneurship/ Innovation Cell at IIT Kanpur.
At the forefront of public service, constantly striving to help create a positive environment for startups and entrepreneurship in India, he has served on virtually every Committee set up by government to look at different aspects of startups and entrepreneurship in India : The National Innovation Council, SEBI Committee on Alternative Investment Funds, , Investment Committee of the Government's India Aspiration Fund of Funds Committee to Examine the Financial Structure of the MSME Sector, Bombay Stock Exchange Hi-Tech Advisory Panel ,Telecom Centre of Excellence and the National Expert Advisory Committee on Innovation, Incubation and Technolgy Entrepreneurship.
Mr. Srivastava is a co-founder of Ashoka University and serves on the Advisory Boards of Imperial College Business School, London and Uttarakhand and Himachal Universities in India.
Achievements and Honors
- Padma Shri, Govt. of India, 2016
- Distinguished Alumnus Award, IIT Kanpur, 1999.
- Lifetime Achievement Award, Dataquest, 2015.
- IT Excellence Award by the Prime Minister of India.