Ashwin Srivastava

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

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][3]), a growth-stage private equity accelerator with operations in India, UAE, and Africa. He has been an entrepreneur since 2010.[4] He is also the co-founder of Great Manager Institute [5][6] and CEO of Sapio Analytics.[7][8]

Ashwin was part of the Forbes 30 Under 30 Asia 2017 list under the Finance & Venture Capital category.[9][10][11][12]

He is Regional Mentor of Change at NITI Aayog[13][14] and Advisor at Technology Coordination Committee, Indian Council of Medical Research.[15][16]

Ashwin is also the co-founder of Ajantahc,[17][18] an Indian culture media platform jointly created with Vedan Choolun,[19] Chairman of Uitv, and has founded a virtual cancer hospital and Cancer Rounds.[20]

Early life and education[edit]

Ashwin has completed his Bachelor of Technology and Master of Technology from Indian Institute of Technology Bombay.[21] 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.[22][23]

Entrepreneurship[edit]

Ashwin and Hariom Sharma started Incept, a biometric equipment manufacturer in August 2010. Its head office was set up in Goregaon, Mumbai.[24]

In 2012, Ashwin was listed as one of the top 100 entrepreneurs in 2011 by Small and Medium Entrepreneur Magazine.[25]

From 2011 to 2013, Incept partnered with clients and customers such as Indian Institute of Technology Bombay[26] and Nigeria Identity Management Commission.[27] In September 2013, Incept merged with Solus, another player in the biometric industry, in an undisclosed shares and cash deal.[28] At Incept, Ashwin also led the Incept Training Academy and was a guest lecturer there.[29][30]

Ashwin led FindURClass[31][32] and Plancess,[33] in consulting capacity. He is also a Director at Core Grocer.[34]

He is a director of Princeton Healthcare since November 2020.[35]

Venture capital[edit]

Ashwin is currently the Director of Qriyo,[36] Propcare,[37] Restate Solutions,[38] and Infurnia.[39][40] In August 2022, Infurnia Holdings filed draft red herring prospectus for its initial public offering.[41]

Outside India, he has interests in investments in GCC countries and countries in Africa.[42][43] Ashwin has been involved in investing in Sumant Kumar, a farmer from Bihar known for System of Rice Intensification.[44] Idein Ventures also seed-funded UAE based ZoEasy Solutions, which uses disruptive technology to connect businesses and consumers with their ideal blue collar workforce.[45]

Inventions[edit]

Ashwin is a considered a proponent of human-centred artificial intelligence,[46] and his works have featured in a podcast by Microsoft India titled Paradigm Shift, featuring stories of innovations.[47] 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.[48][49] He is the designer of a program on Generative AI for school students launched by the Government of Maharashtra.[50]

Other notable incidents[edit]

In May 2013, Ashwin was victim of an accident that made him an amputee.[51][52][53] He participated in a marathon in Mumbai soon after the accident.[22] 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[54] 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.[55][56]

References[edit]

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