| Revision as of 16:13, 8 December 2013 editMogism (talk | contribs)Extended confirmed users, Pending changes reviewers185,177 editsm Cleanup/Typo fixing, typo(s) fixed: Entreprenuralism → Entrepreneuralism using AWB← Previous edit | Revision as of 21:05, 22 January 2014 edit undoAzntaiji (talk | contribs)119 editsNo edit summaryNext edit → | ||
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| {{Infobox person | |||
| {{BLP sources|date=May 2012}} | |||
| ⚫ | |name = Kanwal Rekhi | ||
| '''Kanwal Rekhi''' (born 1945) is an ] businessman. Kanwal was born in ] (then in ], now in ]). After the ], his family settled in ], ]. In 1967 Rekhi graduated as an ] from the ], ] and in 1969 he received a ] degree from ]. Kanwal has been a major donor to Michigan Tech,<ref></ref> including a gift of $5 million for new computer science facilities. He worked as an engineer, systems analyst, and manager for many years before starting his own business venture in 1982. After graduating and moving to San Jose, at the age of thirty-six he cofounded and served as CEO of ], a high tech company. ] writes that Excelan pioneered Ethernet networking technology, one of the basic building blocks of the Internet. | |||
| |image = Kanwal Rekhi.jpg | |||
| |image_size = | |||
| ⚫ | |caption = Kanwal Rekhi speaking on Entrepreneuralism at IIM Bangalore on 23 Sep 2013. | ||
| |birth_name = Kanwal Rekhi | |||
| |birth_date = {{Birth year and age |1945}} <ref name="dob">{{cite web |url=http://www.iloveindia.com/indian-heroes/kanwal-rekhi.html |title=Kanwal Rekhi on I Love India | accessdate=January 22, 2014}}</ref> | |||
| |birth_place = ], ] | |||
| |residence = ], ], US<ref name="LinkedIn">{{cite web | url=http://www.linkedin.com/in/kanwalrekhi | title=Kanwal Rekhi on LinkedIn |accessdate=January 22, 2014}}</ref> | |||
| |alma_mater = ], ]<br />], ] ] | |||
| |years_active = 1982–present | |||
| |occupation = Managing Director at Inventus Capital Partners | |||
| |known_for = Co-Founder of ], Co-Founder of ], ], EVP of ] | |||
| |nationality = ] | |||
| |awards = Arthur-Young/Venture Magazine Entrepreneur of the Year, 1987<br />Bina Chaudhuri Award for Distinguished Service by ] | |||
| |website = {{URL|http://www.inventuscap.com/team/kanwal-rekhi/|inventuscap.com/team/kanwal-rekhi/}} | |||
| ⚫ | }} | ||
| '''Kanwal Rekhi''' (born 1945) is an ] businessman, ] ] and ], currently serving as the Managing Director at Inventus Capital Partners. Kanwal is credited as the first Indo-American Founder & CEO to take a venture-backed company public on the ]<ref>{{cite web |url=http://articles.timesofindia.indiatimes.com/2013-09-21/ahmedabad/42271919_1_indian-entrepreneurs-kanwal-rekhi-inventus |title=Entrepreneurship is tapasya |first=Runa Mukherjee |last=Parikh |date=September 21, 2013 |website=The Times of India |accessdate=January 22, 2014}}</ref>. | |||
| Excelan was a manufacturer of smart ] cards, and was also credited for the commercial growth of the internet protocol ]. The company merged with, and was acquired by ] in 1989 and Kanwal was given a seat on the board. Dorothy Leonard and Walter Swap speak highly of him in an article on ''The Knowledge Coach'', January 10, 2005 in Research & Ideas section of Working Knowledge weekly newsletter, ].<ref></ref> | |||
| ==Early Life== | |||
| Kanwal Rekhi is a past Chairman and trustee of ], The Indus Entrepreneurs, a nonprofit support network to provide advice, contacts, and funding to Indian Americans hoping to start businesses. Forbes Magazine reports that Kanwal has helped energize TiE and as a philanthropist he has made major contributions to education, supporting universities on two continents. He is a prime benefactor of a foundation in India that identifies talented students without funds, and provides them with college tuition and living expenses. He is also a former Chairman of the ],<ref></ref> a think tank in India. He is currently a board member of Pan IIT USA, Inc, the alumni organization of the Indian Institutes of Technology. | |||
| Kanwal was born in ] (then in ], now in ]). After the ], his family settled in ], ]. In 1967 Rekhi graduated as an ] from the ], ] and in 1969 he received a ] degree from ]. Kanwal earned honorary doctorates in both Business and Engineering from the Michigan Technological University. | |||
| ==Career== | |||
| ===Entrepreneur & Industry Executive=== | |||
| Rekhi had worked as an engineer, systems analyst, and manager before venturing into business. At the age of 36, he moved to ], ] and co-founded ] in 1982, a manufacturer of smart ], and was named President and CEO in 1985. The company went public on the in 1987, and merged with ] in 1989. Kanwal remained at Novell as an Executive Vice President and the Chief Technology Officer of the company, later joining the Board of Directors. Kanwal retired from Novell in 1995<ref>{{cite web |url=http://www.novell.com/news/press/archive/1995/09/pr00212.html |title=Novell Announces Departure of Kanwal Rekhi from Board of Directors |date=September 1, 1995 |website=Novell |accessdate=January 22, 2014}}</ref>. After leaving Novell, Kanwal also served as the CEO at CyberMedia from January of 1998 until its merger with Network Associates (now ]) in September of 1998. | |||
| ===Venture Investor=== | |||
| In 1994, Kanwal became a full-time ], investing in more than 50 startups of which he led the initial financing and was a member of the board of directors for 23 companies. His venture financings have resulted in 21 exits including 6 IPOs to date. Also active in Indian ] related to venture, Kanwal advised India government policy makers in reforming venture regulations. This encouraged fund formation in India, and Kanwal was the founding limited partner behind Infinity Capital-India a successful early-stage India venture fund<ref>{{cite web |url=http://www.inventuscap.com/team/kanwal-rekhi/ |title=Kanwal Rekhi |website=Inventus Captial Partners |accessdate=January 22, 2014}}</ref>. | |||
| In 2007, Kanwal co-founded Inventus Capital Partners, and currently serves as Managing Director. During his time at Inventus, Kanwal has invested in companies including ], Salorix, Poshmark, and ] (acquired by ]). | |||
| ===India Entrepreneurial Leader=== | |||
| In 1995, Kanwal Rekhi co-founded ], The Indus Entrepreneurs, a nonprofit support network to provide advice, contacts, and funding to Indian Americans hoping to start businesses. Apart from the services to the company, he also acted as an expert in advising the ] and his government for laying the foundation for the country's ] expansion. Kanwal has served as a trustee on the global board of TiE. He is also a former Chairman of the ]<ref>{{cite web |url=http://www.ccsindia.org/pro_k_rekhi.asp |title=Bio details at Centre for Civil Society |website=Centre for Civil Society}}</ref>. | |||
| ==Philanthropy== | |||
| Kanwal has contributed in increasing the profile of educational institutions in India and contributed $5 million to Michigan Tech in 2000, to boost up computer science facilities in India<ref>{{cite web |url=http://www.admin.mtu.edu/urel/breaking/2000/rekhi.html |title=Rekhis Give $5M To Michigan tech |website=Michigan Tech |date=June 20, 2000 |accessdate=January 22, 2014}}</ref>. To help set up a new School of Information Technology, Kanwal Rekhi donated $3 million to IIT Bombay. | |||
| ==Awards and Accolades== | |||
| Kanwal was felicitated with 2010 Haridas and was also conferred Bina Chaudhuri Award for Distinguished Service by California Institute of Integral Studies. He was also awarded the Entrepreneur of the Year in 1987 by the Arthur-Young/Venture magazine<ref>{{cite web |url=http://articles.economictimes.indiatimes.com/2003-01-07/news/27537281_1_ensim-kanwal-rekhi-serial-entrepreneur |title=Rekhi dons CEO hat in Net automation firm |website=The Economic Times |date=January 7, 2003 |accessdate=January 22, 2014 |author=Pragati Verma}}</ref>. He was also appointed to the Board of Advisors to the President of Michigan Tech. | |||
| ==References== | ==References== | ||
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| | ALTERNATIVE NAMES = | |||
| | SHORT DESCRIPTION = American businessman | |||
| | DATE OF BIRTH = 1945 | |||
| | PLACE OF BIRTH = | |||
| | DATE OF DEATH = | |||
| | PLACE OF DEATH = | |||
| ⚫ | }} | ||
| {{DEFAULTSORT:Rekhi, Kanwal}} | {{DEFAULTSORT:Rekhi, Kanwal}} | ||
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Revision as of 21:05, 22 January 2014
| Kanwal Rekhi | |
|---|---|
 Kanwal Rekhi speaking on Entrepreneuralism at IIM Bangalore on 23 Sep 2013. | |
| Born | Kanwal Rekhi 1945 (age 79–80) Rawalpindi, Pakistan |
| Nationality | Indian American |
| Alma mater | Indian Institute of Technology Bombay, BS Michigan Technological University, MS Electrical engineering |
| Occupation | Managing Director at Inventus Capital Partners |
| Years active | 1982–present |
| Known for | Co-Founder of Excelan, Co-Founder of TiE, Venture Capitalist, EVP of Novell |
| Awards | Arthur-Young/Venture Magazine Entrepreneur of the Year, 1987 Bina Chaudhuri Award for Distinguished Service by California Institute of Integral Studies |
| Website | inventuscap.com/team/kanwal-rekhi/ |
Kanwal Rekhi (born 1945) is an Indian-American businessman, Venture Capitalist Angel investor and Entrepreneur, currently serving as the Managing Director at Inventus Capital Partners. Kanwal is credited as the first Indo-American Founder & CEO to take a venture-backed company public on the NASDAQ.
Early Life
Kanwal was born in Rawalpindi (then in British India, now in Pakistan). After the partition of India, his family settled in Kanpur, India. In 1967 Rekhi graduated as an electrical engineer from the Indian Institute of Technology Bombay, India and in 1969 he received a Master of Science degree from Michigan Technological University. Kanwal earned honorary doctorates in both Business and Engineering from the Michigan Technological University.
Career
Entrepreneur & Industry Executive
Rekhi had worked as an engineer, systems analyst, and manager before venturing into business. At the age of 36, he moved to San Jose, California and co-founded Excelan in 1982, a manufacturer of smart Ethernet, and was named President and CEO in 1985. The company went public on the in 1987, and merged with Novell in 1989. Kanwal remained at Novell as an Executive Vice President and the Chief Technology Officer of the company, later joining the Board of Directors. Kanwal retired from Novell in 1995. After leaving Novell, Kanwal also served as the CEO at CyberMedia from January of 1998 until its merger with Network Associates (now McAfee) in September of 1998.
Venture Investor
In 1994, Kanwal became a full-time Angel investor, investing in more than 50 startups of which he led the initial financing and was a member of the board of directors for 23 companies. His venture financings have resulted in 21 exits including 6 IPOs to date. Also active in Indian Public policy related to venture, Kanwal advised India government policy makers in reforming venture regulations. This encouraged fund formation in India, and Kanwal was the founding limited partner behind Infinity Capital-India a successful early-stage India venture fund.
In 2007, Kanwal co-founded Inventus Capital Partners, and currently serves as Managing Director. During his time at Inventus, Kanwal has invested in companies including GENWI, Salorix, Poshmark, and Sierra Atlantic (acquired by Hitachi Consulting).
India Entrepreneurial Leader
In 1995, Kanwal Rekhi co-founded TiE, The Indus Entrepreneurs, a nonprofit support network to provide advice, contacts, and funding to Indian Americans hoping to start businesses. Apart from the services to the company, he also acted as an expert in advising the Prime Minister of India and his government for laying the foundation for the country's Information technology expansion. Kanwal has served as a trustee on the global board of TiE. He is also a former Chairman of the Centre for Civil Society.
Philanthropy
Kanwal has contributed in increasing the profile of educational institutions in India and contributed $5 million to Michigan Tech in 2000, to boost up computer science facilities in India. To help set up a new School of Information Technology, Kanwal Rekhi donated $3 million to IIT Bombay.
Awards and Accolades
Kanwal was felicitated with 2010 Haridas and was also conferred Bina Chaudhuri Award for Distinguished Service by California Institute of Integral Studies. He was also awarded the Entrepreneur of the Year in 1987 by the Arthur-Young/Venture magazine. He was also appointed to the Board of Advisors to the President of Michigan Tech.
References
- "Kanwal Rekhi on I Love India". Retrieved January 22, 2014.
- "Kanwal Rekhi on LinkedIn". Retrieved January 22, 2014.
- Parikh, Runa Mukherjee (September 21, 2013). "Entrepreneurship is tapasya". The Times of India. Retrieved January 22, 2014.
- "Novell Announces Departure of Kanwal Rekhi from Board of Directors". Novell. September 1, 1995. Retrieved January 22, 2014.
- "Kanwal Rekhi". Inventus Captial Partners. Retrieved January 22, 2014.
- "Bio details at Centre for Civil Society". Centre for Civil Society.
- "Rekhis Give $5M To Michigan tech". Michigan Tech. June 20, 2000. Retrieved January 22, 2014.
- Pragati Verma (January 7, 2003). "Rekhi dons CEO hat in Net automation firm". The Economic Times. Retrieved January 22, 2014.