Ashwin Srivastava is an Indian venture capitalist who is the cofounder and member of the Board of Idein Ventures (founded Idein ventures in 2015.[1][2]), a growth-stage private equity accelerator with operations in India, UAE, and Africa. He has been an entrepreneur since 2010.[3] He is also the co-founder of Great Manager Institute [4][5] and CEO of Sapio Analytics.[6][7]

Ashwin Srivastava
EducationIndian Institute of Technology Bombay
OccupationVenture Capitalist
Known forIdein ventures

Ashwin was part of the Forbes 30 Under 30 Asia 2017 list under the Finance & Venture Capital category.[8][9][10][11]

He is Regional Mentor of Change at NITI Aayog[12][13] and Advisor at Technology Coordination Committee, Indian Council of Medical Research.[14][15]

Ashwin is also the co-founder of Ajantahc,[16][17] an Indian culture media platform jointly created with Vedan Choolun,[18] Chairman of Uitv, and has founded a virtual cancer hospital and Cancer Rounds.[19]

Early life and education edit

Ashwin has completed his Bachelor of Technology and Master of Technology from Indian Institute of Technology Bombay.[citation needed] He holds a degree in Mechanical Engineering.[citation needed] In college, he took part in theatre and robotics. He was a member of hostel council, and manager of The Entrepreneurship Cell, IIT Bombay.[20][21]

Entrepreneurship edit

Ashwin and Hariom Sharma started Incept, a biometric equipment manufacturer in August 2010. Its head office was set up in Goregaon, Mumbai.[22]

In 2012, Ashwin was listed as one of the top 100 entrepreneurs in 2011 by Small and Medium Entrepreneur Magazine.[23]

From 2011 to 2013, Incept partnered with clients and customers such as Indian Institute of Technology Bombay[24] and Nigeria Identity Management Commission.[25] In September 2013, Incept merged with Solus, another player in the biometric industry, in an undisclosed shares and cash deal.[26] At Incept, Ashwin also led the Incept Training Academy and was a guest lecturer there.[27][28]

Ashwin led FindURClass[29][30] and Plancess,[31] in consulting capacity. He is also a Director at Core Grocer.[32]

He is a director of Princeton Healthcare since November 2020.[33]

Venture capital edit

Ashwin is currently the Director of Qriyo,[34] Propcare,[35] Restate Solutions,[36] and Infurnia.[37][38] In August 2022, Infurnia Holdings filed draft red herring prospectus for its initial public offering.[39]

Outside India, he has interests in investments in GCC countries and countries in Africa.[40][41] Ashwin has been involved in investing in Sumant Kumar, a farmer from Bihar known for System of Rice Intensification.[42] Idein Ventures also seed-funded UAE based ZoEasy Solutions, which uses disruptive technology to connect businesses and consumers with their ideal blue collar workforce.[43]

Inventions edit

Ashwin is a considered a proponent of human-centred artificial intelligence,[44] and his works have featured in a podcast by Microsoft India titled Paradigm Shift, featuring stories of innovations.[45] A patent titled "Process for identifying suspect entities via network depth using document analytics" published by Sapio Analytics attributes him and Rai Aman Narain as inventors.[46][47] He is the designer of a program on Generative AI for school students launched by the Government of Maharashtra.[48]

Other notable incidents edit

In May 2013, Ashwin was victim of an accident that made him an amputee.[49][50][51] He participated in a marathon in Mumbai soon after the accident.[20] He floated a petition to change the heights of platforms in Mumbai suburban train stations, that ended in victory.

In 2014, Ashwin became a member of the political organization Aam Aadmi Party[52] and a national convenor of Entrepreneurs for AAP. It is unclear if he is still a member. He is a mentor for startups and small businesses.[53][54]

References edit

  1. ^ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 19 May 2016.
  2. ^ "Idein Ventures to invest $6 m in seed-stage start-ups". 15 February 2017.
  3. ^ "Interview of Ashwin Srivastava in 2011" (Interview). No. May 2011.
  4. ^ "GMI expands its advisory board" (Interview).
  5. ^ "Great Manager's Institute" (Interview).
  6. ^ "CEO Profile on Sapio Analytics website" (Interview).
  7. ^ Pathak, Kalpana (12 July 2021). "Sapio Analytics secures $150,000 strategic investment by Parthiv Group". mint. Retrieved 1 August 2021.
  8. ^ "Forbes List of 30 Under 30 Asia 2017".
  9. ^ "Bihar boy makes it to Forbes 30 under 30 Asia 2017 list of Entrepreneurs".
  10. ^ "First Bihar Youth in the Forbes 30 'Under 30 Asia' List".
  11. ^ "Ashwin Srivastava of Idein Ventures Talks About The Road To Forbes' 30 Under 30 List".
  12. ^ "List of Regional Mentors of Change at Atal Innovation Mission" (PDF). Archived (PDF) from the original on 12 May 2021.
  13. ^ "Ashwin Srivastava – The Economic Times SME Growth Conclave 2020". Retrieved 1 August 2021.
  14. ^ "Ashwin Srivastava - Ajanta Heritage & Culture". Retrieved 1 August 2021.
  15. ^ Plasma Therapy Explained by Dr Ashwin Srivastava & Dr Ashish Dubey | Republic TV Exclusive, retrieved 1 August 2021
  16. ^ "Ahmedabad Mirror coverage of Ajanta HC" (Interview).
  17. ^ "SAM Conversation with Ashwin Srivastava & Benoy Behl | Moderator Rashmi Saksena". South Asia Monitor. Retrieved 1 August 2021.
  18. ^ "Interview by South Asia Monitor of Ashwin Srivastava and Vedan Choolun" (Interview).
  19. ^ ANI (8 July 2019). "Cancer rounds launched in India to improve treatment outcomes and quality of Life". Business Standard India. Retrieved 1 August 2021.
  20. ^ a b "Interview of Ashwin Srivastava in Careerizma" (Interview).
  21. ^ "Hostel canteen's 10 rupee burger – a motivation for starting up! – EnSpace Blog". Retrieved 1 August 2021.
  22. ^ "Coverage of Incept by Hindustan Times". No. March 2011. Archived from the original on 17 March 2014. Retrieved 18 May 2016.
  23. ^ "January 2012 Issue of Small and Medium Entrepreneur magazine". No. January 2012.
  24. ^ "Coverage of Incept by IIT Bombay News". Archived from the original on 3 March 2016. Retrieved 18 May 2016.
  25. ^ "Coverage of Incept's association with Nigeria by Biometric Update News".
  26. ^ "News of merger in Gazette Post". No. September 2013.
  27. ^ "Profile of Ashwin Srivastava as a speaker at ECell IIT Bombay".
  28. ^ "News of Incept Training Academy in Campus Era".
  29. ^ "Profile of Ashwin in Whogotfunded".
  30. ^ "Funderbeam". www.funderbeam.com. Retrieved 19 May 2016.
  31. ^ "Profile of Plancess in Ambition Box".
  32. ^ "Management Information of Core Grocer".
  33. ^ "Ashwin Srivastava - Director information and companies associated with | Zauba Corp". www.zaubacorp.com. Retrieved 1 August 2021.
  34. ^ "Coverage of Qriyo and statement of Ashwin in Times of India". No. February 2016.
  35. ^ "Zauba Listing for Propcare Technology".
  36. ^ "Property Portal Watch with news of REstate management". PPW.
  37. ^ "Coverage of Infurnia in Economic Times". No. January 2016.
  38. ^ "Executive Profile of Ashwin Srivastava in Bloomberg".
  39. ^ Rudra, Tapanjana (3 August 2022). "Infurnia Holdings Files DRHP To Raise INR 38.2 Cr Via IPO". Inc42 Media. Retrieved 25 October 2022.
  40. ^ "News of Ashwin Srivastava at Bengal Chamber of Commerce". No. April 2016.
  41. ^ Video of Ashwin Srivastava speaking at Bengal Chamber of Commerce.
  42. ^ "News of Sumant Kumar visiting Africa".
  43. ^ "ZoEasy Solutions Raises Seed Funding from Idein Ventures".
  44. ^ "HUMAN CENTERED AI FOR GOVERNANCE/AI SHADOW GOVT - ASHWIN SRIVASTAVA - CEO : SAPIO ANALYTICS by THE ONE'S CHANGING THE WORLD -PODCAST". Anchor. Retrieved 25 October 2022.
  45. ^ "Paradigm Shift on Apple Podcasts". Apple Podcasts. 23 June 2022. Retrieved 25 October 2022.
  46. ^ "Official Journal of the Patent Office, Government of India". Official Journal of the Patent Office, Government of India.
  47. ^ Desk, BFN's (23 October 2022). "Latest News Network Depth Mapping in Documents patented by Sapio Analytics". Businessfortnight. Retrieved 25 October 2022.
  48. ^ "Maharashtra's bold AI Education Move". Morning Globe. 16 December 2023.
  49. ^ "Article of Ashwin Srivastava in Under30CEO". 29 July 2013.
  50. ^ "An inspiration". Needull in a haystack. 19 April 2016. Retrieved 19 May 2016.
  51. ^ "4 Step Guide Towards Becoming a Superman: The Entrepreneur Way". AlleyWatch. 8 July 2014. Retrieved 19 May 2016.
  52. ^ "List of I Fuel Swaraj Leaders".
  53. ^ "List of Mentors with SMB Connect".
  54. ^ "Indian Startup Awards". Indian Startup Awards. Retrieved 19 May 2016.[permanent dead link]