Ashwin Srivastava
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Ashwin Srivastava is an Indian
venture capital Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...
ist who is the cofounder and member of the Board of Idein Ventures (founded Idein ventures in 2015.), a growth-stage private equity accelerator with operations in India, UAE, and Africa. He has been an entrepreneur since 2010. He is also the co-founder of Great Manager Institute and CEO of Sapio Analytics. Ashwin was part of the
Forbes 30 Under 30 ''Forbes'' 30 Under 30 is a set of lists published annually by ''Forbes'' magazine since 2011 consisting of 30 notable people under 30 years old in various industries. The American list consists of 600 people, with 30 selected in each of 20 sect ...
Asia 2017 list under the Finance & Venture Capital category. He is Regional Mentor of Change at
NITI Aayog The NITI Aayog (; abbreviation for National Institution for Transforming India) serves as the apex public policy think tank of the Government of the Republic of India, and the nodal agency tasked with catalyzing economic development, and foste ...
and Advisor at Technology Coordination Committee,
Indian Council of Medical Research The Indian Council of Medical Research (ICMR), the apex body in India for the formulation, coordination and promotion of biomedical research, is one of the oldest and largest medical research bodies in the world. The ICMR is funded by the Gove ...
. Ashwin is also the co-founder o
Ajantahc
an Indian culture media platform jointly created with Vedan Choolun, Chairman of Uitv, and has founded a virtual cancer hospital and Cancer Rounds.


Early life and education

Ashwin has completed his
Bachelor of Technology A Bachelor of Technology (BTech) is an undergraduate degree that is awarded for a higher education program in engineering. Countries Australia In Australia, the Bachelor of Technology degree is offered by RMIT University, Edith Cowan Univ ...
and
Master of Technology A Master of Engineering (abbreviated MEng, ME, M.E. or M.Eng.) is a professional master's degree in the field of engineering. International variations Australia In Australia, the Master of Engineering degree is a research degree requiring com ...
from
Indian Institute of Technology Bombay The Indian Institute of Technology Bombay (IIT- Bombay or IIT-B) is a public research university and technical institute in Powai, Mumbai, Maharashtra, India. IIT Bombay is mainly known for the highly competitive four-year Bachelor of Tech ...
. He holds a degree in Mechanical Engineering. In college, he took part in theatre and robotics. He was a member of hostel council, and manager of The Entrepreneurship Cell, IIT Bombay.


Entrepreneurship

Ashwin and Hariom Sharma started Incept, a biometric equipment manufacturer in August 2010. Its head office was set up in Goregaon, Mumbai. In 2012, Ashwin was listed as one of the top 100 entrepreneurs in 2011 by Small and Medium Entrepreneur Magazine. From 2011 to 2013, Incept partnered with clients and customers such as
Indian Institute of Technology Bombay The Indian Institute of Technology Bombay (IIT- Bombay or IIT-B) is a public research university and technical institute in Powai, Mumbai, Maharashtra, India. IIT Bombay is mainly known for the highly competitive four-year Bachelor of Tech ...
and
Nigeria Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea in the Atlantic Ocean to the south. It covers an area of . With Demographics of Nigeria, ...
Identity Management Commission. In September 2013, Incept merged with Solus, another player in the biometric industry, in an undisclosed shares and cash deal. At Incept, Ashwin also led the Incept Training Academy and was a guest lecturer there. Ashwin led FindURClass and Plancess, in consulting capacity. He is also a Director at Core Grocer. He is a director of Princeton Healthcare since November 2020.


Venture capital

Ashwin is currently the Director o
Qriyo
Propcare, Restate Solutions, and Infurnia. In August 2022, Infurnia Holdings filed draft red herring prospectus for its initial public offering. Outside India, he has interests in investments in GCC countries and countries in Africa. Ashwin has been involved in investing in Sumant Kumar, a farmer from Bihar known for
System of Rice Intensification The System of Rice Intensification (SRI) is a farming methodology that aims to increase the yield of rice while using fewer resources and reducing environmental impacts. The method was developed by a France, French Jesuit Priest, Father Henri de L ...
. Idein Ventures also seed-funded UAE based ZoEasy Solutions, which uses disruptive technology to connect businesses and consumers with their ideal blue collar workforce.


Inventions

Ashwin is a considered a proponent of human-centred artificial intelligence, and his works have featured in a podcast by Microsoft India titled Paradigm Shift, featuring stories of innovations. 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. He is the designer of a program on Generative AI for school students launched by the Government of Maharashtra.


Other notable incidents

In May 2013, Ashwin was victim of an accident that made him an amputee. He participated in a marathon in Mumbai soon after the accident. 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 The Aam Aadmi Party (AAP, ) is a List of political parties in India, political party in India. It was founded on 26 November 2012 by Arvind Kejriwal and his then-companions, following the 2011 Indian anti-corruption movement against then gover ...
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.


References

{{DEFAULTSORT:Srivastava, Ashwin Indian venture capitalists Indian amputees Year of birth missing (living people) Living people IIT Bombay alumni