1. Kanwal Rekhi

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    2. Salorix, Inc. Receives $3.5 Million in Series A Funding From Inventus Capital Partners and Nexus Venture Partners

      NEW YORK and SANTA CLARA, Calif., Nov. 14, 2011 /PRNewswire/ -- Salorix, Inc., a social media marketing and analytics firm developing a new platform for social media campaign management, today announced $3.5 million Series A investment, co-led by Inventus Capital Partners and Nexus...
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  2. About Kanwal Rekhi

    Kanwal Rekhi (born 1945) is an Indian-American engineer, businessman and millionaire philanthropist.

    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 in Bombay, India and in 1969 he received a Master of Science degree from Michigan Technological University. Kanwal has been a major donor to Michigan Tech, including a gift of $5 million for new computer science facilities. He worked as an engineer, systems analyst, and manager for many years before floating his first company, Excelan in 1982. Excelan was a manufacturer of smart ethernet cards, and was also responsible for the commercial growth of the internet protocol TCP/IP. The company merged with, and was acquired by Novell in 1989 and Kanwal was given a seat on the board.

    Kanwal was named Entrepreneur of the Year in 1987 by the Arthur-Young/Venture magazine. He was named to the Board of Advisors to the President of Michigan Tech and in 1997 was honoured with a doctorate in Business and Engineering. Kanwal is also involved in increasing the visibility of premier educational institutions in India. He gave US $3 million to IIT Bombay to help set up a new School of Information Technology, named KReSIT (Kanwal Rekhi School of Information Technology), which opened in 1999.

    He is also Chairman of the Centre for Civil Society, a think tank in India."

  3. Quotes

    1. Brands need to follow their customers, who today are flocking to social media en masse.
      In Salorix Raises $3.5M From Inventus Capital & Nexus Venture Partners
    2. In Vizury, we saw a high-calibre team with a demonstrated understanding of the dynamics of online advertising. Given its considerable traction with Indian e-commerce/travel players, Vizury seems well poised to successfully offer its services to the AsiaPac and European markets as well.
      In Online Ad Firm Vizury Raises Series A Round from Ojas, Inventus
    3. The financial services segment in India provides a large and growing opportunity for a cost-effective solution like FundsIndia.com. The online-only model enables FundsIndia.com to be nimble in a rapidly altering regulatory scenario.
      In Inventus Invests Rs 3Cr In FundsIndia.com
    4. ViVu's founding team is what first caught our attention but they sealed the deal by demonstrating a real solution for an existing market need and backing it up with early customer success.
      In Indian founded vivu raises $3 Million
    5. As an active participant in the emergence and growth of Silicon Valley and India, I see hundreds of investment opportunities each year.
      In ViVu Closes $3 Million Series A Funding Round
    6. The fragmented bus travel market in India offers a significant aggregation opportunity. In redBus we see a set of young, enthusiastic entrepreneurs addressing a large and largely untapped opportunity. We hope to work closely with the founders, existing investor and advisors to create a unique and valuable brand.
      In Inventus Capital Backs in Bus Ticketing Firm redBus
    7. Nobody will acquire them, because you don't know how bad things are really.
      In Stock Plunges, US Lawsuits Hit Satyam