Here are the seven Indian Indian Americans who have found their spot in the 2020 Forbes list of 400 Richest people in America.
Sherpalo Ventures, founded by former Google board member Ram Shriram, and TV Mohandas Pai's Aarin Capital participated in the round, the company said in a statement.
Watch accompanying videos of an exclusive interview of world's most influential investor Ram Shriram, a man who has been an early investor in Google and its board member.
Applying his experience of building businesses, Ram Shriram started Sherpalo Ventures in 2000. The founding Board member of ventures like 247customer.com and on the advisory board of InMobi, a mobile ad network, over the last six years Sherpalo has invested over USD 75 million in ten entrepreneurial ventures in India.
The recent resurgence of tech companies has caught the eye of many an investor and raised the eyebrow of many a sceptic. Soaring prices of Linkedin and Yandex and the excitement over the Groupon listing has raised the specter of new dotcom bubble.
Ram Shriram, internet guru and founder of Sherpalo Ventures, in an interview with CNBC-TV 18’s Shereen Bhan, says: "there is an irrational exuberance over tech companies but the difference is that the new crop of companies are real businesses with real profits."