85.0 K . Why Does 1M/1M Partner With Local Organizations? "I was totally shocked at being approached for the job. We know one company that has scaled up across different verticals in the B2B SME space in India. Mr. Sasha Mirchandani serves as Non-Executive Independent Director at Nazara. Earlier, he was at Mirc Electronics (Onida) where he was Head of Corporate Affairs and new business. "Midway through my career, I was leaving both my family business and entrepreneurship in general to work for someone else as an ordinary employee, albeit a senior one. The current net worths of the former presidential kids are just the tip of the iceberg that they stand to inherit one day. As the President, Chief Executive Officer, and Director of Commvault Systems Inc, the total compensation of Sanjay Mirchandani at Commvault Systems Inc is $6,097,520. Similarly, Mirchandani's business acumen owes as much to his immediate social ethosthe Sindhis are one of the world's largest trading communitiesas to his cosmopolitan life, first as a college student at Strayer University in the US and later as a professional travelling across the world. Naturally, it wasn't easy to get onboard the family patriarch, one who had made his own fortune rather than inheriting it. This net worth estimate does not reflect any other assets that Mr. Mirchandani may own. "Sasha Obama" trended moments after the clip surfaced and went viral. 80.7 K. These are shares held by sasha mirchandani as per the shareholding data filed with the exchanges. "Don't make their beds. It's amazing how much it grew in just 10 to 12 years," he says. There are no executives at Commvault Systems Inc getting paid more. This website uses cookies to improve your experience. He wants to evolve and he wants to become part of the ecosystem. Kae Capital is a venture capital firm, making investments in the early- to mid-stage companies. Over a decade on, Kae is in good shape, perhaps due to the caution and patience its founder has learnt from past mistakes (sometimes others', sometimes his own) of investing in hot markets at unjustified valuations. On Sunday, December 13, she started trending on Twitter after a picture of her started floating on social media, where the teenager can be seen showing off her midriff, as she donned a racy white and pink outfit. What are the highlights of the portfolio? On average, Sanjay trades about 3,607 units every 23 days since 2019. He is a Charter Member at TiE Mumbai and also a past President of EO Mumbai. If you are considering Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Previously, he was at BlueRun Ventures as Managing Director for the India operations. Sasha might have been inspired to follow her big sister's example as the latter, who went onto do an array of internships over the years. 2023 PitchBook. Mr. Sasha Mirchandani is the Co-Founder & serves as Managing Partner at Kae Capital. However, he is open to partner with other VCs and share the rounds with them, which he plans on doing during the third funds corpus, aspired at $75 million. "Dad had his trepidations but he understood my thinking: this wasn't about leaving money on the roadside but empowering future Gulu Mirchandanis to actualise their potential," reveals Mirchandani. The most active insiders traders include Suisse/ Credit, Gary B Smith, and N Robert Hammer. Twenty years later, the situation hadn't changed," he explains as he recounts convincing Gulu Mirchandani and another board member at Onida to invest some of the company's money into a venture run by young graduates from IIM Ahmedabad. I didn't even know it existed. He serves as Advisor of Freightwalla. While some people adored her look, some slammed her. He served as Board Member at Algorhythm. Copyright 2023 Entrepreneur Media, Inc. All rights reserved. 80.7 K, (Now supports Insider Trading & SAST disclosures), Copyright 2023 Giskard Datatech Pvt Ltd, Nifty50 companies average YoY revenue changed by 13.79%, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Technical Stock Screeners (RSI, MFI, EMA/SMA and more), Trending Today: Stocks with Highest Dividend Yields, Just getting started? She has also worked at Nancys, a seafood restaurant in 2016, according to The Cinemaholic. He was previously with Blue Run Ventures as Managing Director for India Operations. He co-founded Mumbai Angels. The estimated net worth of Sanjay Mirchandani is at least $32.90 million as of May 23rd, 2023. They have to learn these things. On average, Commvault Systems Inc executives and independent directors trade stock every 18 days with the average trade being worth of $1,371,577. Sramana Mitra: Lets talk about your fund. He also serves as Board Member at Parentune. His insight regarding the company's operations and future are critical to the successful functioning of the Board. Sanjay's mailing address filed with the SEC is 1, Commvault Way, Tinton Falls, New Jersey, 07724, United States of America. We are one of the worlds fastest growing ", Vin Diesel blames Jason Momoa's 'overacting' in 'Fast X' for negative reviews: Sources, Jason Momoa thinks Vin Diesel is jealous of him for outshining everybody in 'Fast X', DC Young Fly's longtime girlfriend Jacky Oh dies at 32 reportedly due to heart failure, 'He failed her': Travis Barker slammed after daughter Alabama, 17, flaunts bags that cost over $5K, Jamie Foxx left partially blind and paralyzed due to blood clot in brain after Covid vaccine, journalist claims. Previously, he was at Blue Run Ventures as Managing Director for the India operations. In the last three to five years, theres been a lot of user behavior change and a lot of leadership change where decision makers in the SMEs are now the second generation. media-tech companies with hubs around the world. Sasha Mirchandani has a Bachelors in Business Administration from Strayer University, and did his Management Development Programme from IIM Ahmedabad. We have people open to change, which is most important. In 1996, US-returned Mirchandani joined Onida Group, his father and uncle's company, as an ordinary salesman in the Mumbai branch, selling television sets and washing machines to various local electronics stores as he went head to head with competing salesmen. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Add, track and import stocks to your Through the years, the platform claims to have made over 200 investments and over 100 exits, How to Change Careers: A Step-by-Step Guide, KL Rahul Invests In Sequoia-Backed Hyugalife.com, The Art of Persuasion in UI/UX Design How to Nudge Users to Action, How To Use Entrepreneurial Creativity For Innovation, How to Expand Your Business to Over 30 Markets in 5 Years 7 Tips for Successful Growth, How I Made Money From My Book Without Selling a Single Copy. Click here to see sasha mirchandani's He co-founded Mumbai Angels. Before starting early stage VC firm Kae Capital, Sasha worked as a Managing Partner at BRV Advisors from 2007 to 2010, and co-founded the angel investing network - Mumbai Angels in 2006, along with Prashant Choksey. Considering the lifetime of the investment before the returns arrive is 10 or more years, he refers to the VC industry as a hampered one. We generally partner with bigger firms like Sequoia or whoever we work with in a series A, B, and C. Thats how we work. Win whats next. He sits on the Board of Hathway Cable and Datacom Limited, Algorithm Tech, Akasaka Electronics Limited, and Mojo Entertainment Private Limited. Commvault software, solutions and services are available from the company and through a global ecosystem of trusted partners. To view Sasha Mirchandanis complete investments history, request access, To view Sasha Mirchandanis complete exits history, request access, To view Sasha Mirchandanis complete team members history, request access, Morningstar Institutional Equity Research, 7th Floor, 74A&B, Jolly Maker Chambers II. They understand tech; they see the value of tech even in a Kirana store. In stark contrast, most of his peers had returned to India after graduating overseas to join their large family businesses at senior positions, such as directors and CEOs. Angel investing is a risky business, much riskier than lending money. In May 2022, Myntra launched an express delivery service on its app to offer one of a kind of experience by fashion & beauty platform. Malia, who was also born in Chicago, Illinois in July 1998, graduated from Sidwell Friends School in Washington, D.C. in 2016. She has also interned on the sets of the television series 'Girls' and 'Extent', according to Celebrity Net Worth. Post-COVID, we have all seen the value of taking care of people's mental health. Before joining Puppet, Mr. Mirchandani served as Corporate Senior Vice President and General Manager of Asia Pacific and Japan at VMware, Inc. from October 2013 to April 2016. After a conversation with his father Gulu Mirchandani, Chairman and MD of Onida Group, he surpassed his own reluctance to go into seed investing, and started Kae Capital in 2011. Sasha and Malia have been named by Time magazine two of "The 25 Most Influential Teens of 2014". Dec 28, 2022. On December 2, 2020, Sasha was trending on Twitterafter posting a TikTok videoof her, grooving with her friends on the popular song 'Adderall' by rapper Popp Hunna. She has completed a number of internships during her breaks from school. As per corporate shareholdings filed for March 31, 2023, sasha mirchandani publicly holds Seven Summer Camps Just for Adults, Goldman CEO Loves Summer Camp So Much Hes Expanded His Portfolio, How Summer Camp Became Such a Hot Mess for Parents, Wells Fargo Seeks to Settle Banking While Black Mortgage Case, Tennessee Ban on Kids Watching Drag Overturned as Overbroad, A Major Showdown Is Brewing Over What Counts as a Carbon Credit, Highest Temperature of the Year So Far Could Be Recorded Today, US Mayors Cite Unprecedented Mental Health Crisis as Top Concern, New Jersey Senior-Living Facilitys Woes Exacerbated by Construction Delays. A new series by Entrepreneur India that aims to unpack the inner workings of the Indian startup ecosystem by following the intertwined personal and professional journeys of those who people this world. After being flown to California for several detailed interviews before the entire partnership, BRV offered him the job. The largest trade he's ever made was selling 67,026 units of Commvault Systems Inc stock on 6 March 2023 worth over $3,904,935. Right from who she is going out with to her viral TikTok videos, Sasha surely has made her followers go into overdrive. Although his weekends were still reserved for Mumbai Angels (for which he had sought special permission from his new employers), Mirchandani now made investments professionally, writing early-stage startups cheques worth six to ten million dollars. "I thought it'd be the same for me but dad had different plans. Myntra is a major Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India. Sasha and Malia have accompanied their parents especially their mother, on international trips where they promote the education of girls around the world. Siddhartha Ahluwalia, Co-founder of SHEROES, caught up with Sasha Mirchandani in this episode of 100x Entrepreneur podcast, a series featuring venture capitalists and angel investors. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Listen to the full interview on Entrepreneur India's Spotify channel, Audio Shots. Mr. Mirchandani owns 479,274 shares of Commvault Systems stock worth more than $32,902,160 as of May 26th. One of the issues has been that it takes high-touch selling and customer support to sell to these SMEs in India, and the unit economics become challenging. Mr. Mirchandani owns over 67,026 units of Commvault Systems Inc stock worth over $21,692,615 and over the last 4 years he sold CVLT stock worth over $6,823,621. Despite the millions that Barack and Michelle Obama will be leaving behind for their kids, they always make sure that their daughters know the importance of working hard. Search for what you want, categories, tags, keywords, authors, events, anything under YourStory. I laugh when I think of its first review and board meetings being held in (founder) Mukesh Bansal's house. How WhatsApp commerce can transform businesses in India, Richard Feynman's Simple Technique to Learn Anything Effectively. The outlet estimates Malia's net worth at $100,000. Much like most astute businessmen, Mirchandani uses these binate influences to his advantage; a case in point: restaurant reservations are made under his last name in India and first name abroad, sparing many a host from a night-long struggle with syllables. He also served as Board Member at ListUp and ShepHertz. Sasha and Malia have been named by Time magazine two of The 25 Most Influential Teens of 2014. The duality suggested by his name plays out in other aspects of his identity as well: Having begun his career at father Gulu Mirchandani's 80s and 90s aspirational TV brand Onida Electronics, he is an established family business' direct beneficiary who gradually struck out to pioneer the country's angel financing ecosystem, consequently becoming an entrepreneur in his own right. Commvault is the recognized leader in data backup and recovery. Data, D2C, delivery: test your business creativity with Edition 86 of our quiz! Make mine. He wanted me to go through the grind," says Mirchandani, recounting his early experiences of riding the infamously jam-packed local trains in Mumbai and learning to acquiesce to the hustle involved. His only involvement is attending the company's quarterly board meetings as an "observer". Sasha Mirchandani: We have a company called Wysa, a mental health chatbox based out of Bangalore. Commvault's converged data management solution redefines what backup means for the progressive enterprise through solutions that protect, manage and use their most critical asset - their data. Sasha Mirchandani: We are a classic early-stage seed and venture capital fund. December 2022 shareholdings. The most recent stock trade was executed by Nicola Adamo on 26 May 2023, trading 1,500 units of CVLT stock currently worth $105,000. Thus, in 2006 was incepted the Mumbai Angel Network, one of India's earliest angel investing platforms for early-stage ventures. Skip the kids. Prior to joining our company, Mr. Mirchandani served as the Chief Executive Officer of Puppet, Inc. (Puppet), an Oregon-based IT automation company. Of course, many of the companies we invest in will die, but the ones that do make it throughquite amazing to see their names on billboards or read about them in Forbes. What is the fund size? From Ireland, the New Economy Gateway series brings together regional leaders to discuss, analyze and propose solutions to the global economys most pressing problems. In this year, in particular, Sasha has been the one who has been trending on social media more than her elder sister, Malia. How Does 1M/1M Democratize Entrepreneurship Education? Entrepreneur and its related marks are registered trademarks of Entrepreneur Media Inc. By In addition, he makes $6,097,520 as President, Chief Executive Officer, and Director at Commvault Systems Inc. Sanjay has made over 8 trades of the Commvault Systems Inc stock since 2020, according to the Form 4 filled with the SEC. Strayer University, BBA (Bachelor of Business Administration), To view Sasha Mirchandanis complete positions history, request access, To view Sasha Mirchandanis complete board seats history, request access, To view Sasha Mirchandanis complete deals history, request access, Youre viewing 15 of 249 network. . Post-COVID, we have all seen the value of taking care of peoples mental health. Through the years, the platform claims to have made over 200 investments and seen over 100 exits and next rounds, earning 35 per cent IRR (internal rate of return) on average. We invest $700,000 to a million dollars. Kae Capitals first cheque sizes range from $750,000 to $1 million, and he says the firm is mostly the lead of its rounds. Can 1M/1M Help Me With Business Development? Before joining Blue Run Ventures he was CEO and Founder of Imercius Technologies, a BPO focused on the healthcare space. Previously he was on the Boards of Fractal Analytics, Myntra and Ador Welding. MEAWW brings you the best content from its global team of Chinas Auto Export Wave Echoes Japan's in the 70s, Wish You Could Be a Kid Again? In an old interview with Financial Express, he expressed gentle regret about exiting the online fashion retailer prior to its merger with Flipkart and missing out on the resultant opportunity of earning even more money out of the investment. It's a major problem, but it's a stigma, which is unfortunate. How is the technology adoption in the Indian B2B customer base changing? The latest quarter tends to have missing data since not all companies may have reported their shareholding data till now. We take a board seat and then we invest a couple more millions in the series A and B. True to the unaffected majesty inscribed in his name, he appears to do it all with passion unalloyed with the kind of ceremony that sometimes accompanies his rank. Why Is It Important To Study With 1M/1M Now. Bulk Block Deals CEO Salaries sasha mirchandani's portfolio and holdings As per corporate shareholdings filed for March 31, 2023, sasha mirchandani publicly holds 1 stocks with a net worth of over Rs. He incorporated these insights into Kae Capital, with whose founding in 2011, Mirchandani's transition to venture capitalism was complete. Sasha Gulu Mirchandani is Mng Dir/Founder at Kae Capital. "Dad, it's 2001; we've got to support entrepreneurs," he had said then. He serves as Advisor of Freightwalla. She worked in television studios in New York and Los Angeles during the summers of 2014 and 2015. Although the two would later surprisingly discover the complete dearth of any such clubs, the seed for an upcoming partnership had already been sown. The bulk of their opportunities is in the North American market. Previously, he was at BlueRun Ventures as Managing Director for the India operations. He also serves as Board Member at Parentune. Between 2002 and 2005, the Mirchandanis made several more investments under a new entity wherein the father acted as the limited partner (LP) providing capital and the son acted as the general partner (GP) managing funds. The oldest executive at Commvault Systems Inc is KeithGeeslin, 67, who is the Independent Director. Sasha Mirchandani: All these years, its just run out of Chennai. We may invest a million and a half at best. He serves as Board Member at HealthKart. The estimated Net Worth of Sanjay Mirchandani is at least $49.8 Million dollars as of 19 May 2023. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio. Over the last 17 years, insiders at Commvault Systems Inc have traded over $67,367,313 worth of Commvault Systems Inc stock and bought 4,000 units worth $199,920 According to the New York Post, Barack and Michelle Obama together have a combined net worth of $135 million. Mr. Mirchandani brings a wealth of international business and start-up experience through his diverse well-rounded career in technology. See Sasha Gulu Mirchandani's compensation, career history, education, & memberships. He also serves as Board Member at Parentune. Most recently he sold 20,734 units of CVLT stock worth $1,386,897 on 19 May 2023. He served as a Board Observer at MayaData. Were building global businesses sitting out of Bombay or in Bangalore. He co-founded Mumbai Angels. He served as Board Member at Algorhythm. He sits on the Board of Hathway Cable and Datacom Limited, Algorithm Tech, Akasaka Electronics Limited, and Mojo Entertainment Private Limited. With a thoughtful and ethical approach to persuasive design, you can create user experiences that captivate, convert and deliver value to both users and businesses. A common problem he quotes from the current startup ecosystem is when the founders do not understand each other well enough, and fight over issues like cash. becoming a 1M/1M premium "We empower extremely smart people to create something from nothing. Its a major problem, but its a stigma, which is unfortunate. Prior to that, he founded Imercius Technologies, where he served as Chief Executive Officer. Buying a Home in California Is Already Hard. Mr. Mirchandani has a masters of business administration degree from the University of Pittsburgh and earned a bachelor's degree in mathematics from Drew University. Sramana Mitra: Freshworks has mostly run out of Chennai. 2023 PitchBook. Towards the tail end of his time at Onidanow as the head of corporate affairs and new businessMirchandani met an Indian-origin US-based venture capitalist as part of a routine business meeting. Malia began an internship with Hollywood film producer Harvey Weinstein in 2017. A modern-day chief, Mirchandani today heads early-stage investment fund Kae Capital as its managing director: assessing tech geniuses' business ideas, raising money from wealthy investors, and. In addition, he makes $6,097,520 as President, Chief Executive Officer, and Director at Commvault Systems Inc. Mr. Mirchandani CVLT stock SEC Form 4 insiders trading And even before they stand to inherit millions from their parents in the near future, they already have a significant sum of money to their name. Sasha Mirchandanai, Founder of Kae Capital. Rs. Accustomed to the gentile manners of the moneyed class in Washington, D.C., he claims to have spent the next few years at Onida as an ordinary employee with limited resources, working to climb up to more managerial posts and appreciating the struggle involved. All rights reserved. A pioneer of the Indian angel financing ecosystem, Mirchandani founded the Mumbai Angel Network in 2006 to support early-stage ventures. She began attending the University of Michigan in the fall of last year. Earlier he was at Mirc Electronics (Onida) where he was Head of Corporate Affairs and new business. Over the next three to four years, Mumbai Angels targets to invest INR 500 crore each year into Indian startups, told co-founder and current CEO Nandini Mansinghka to BusinessLine in April 2022. Prior to that, he founded Imercius Technologies, where he served as Chief Executive Officer. Your Sunday US Briefing:Shangri-la Handshake, Big Rate Decisions, JetBlue Weighing Options After Northeast Alliance Court Ruling, Prelude to Fed Features Two Global Rate Cliffhangers, ECBs Visco Says He Would Have Preferred More Gradual Rate Hikes, Charting the Global Economy: Business Activity Slows in China, The Big China Play That Fueled Luxury Stocks Is Now Fizzling Out, Man City Beats Man United 2-1 in FA Cup Final to Keep Treble Hopes Alive, Sony CEO Says Significant Barriers to Cloud Gaming Remain: FT, NATO Chief Pushes Turkey to Allow Sweden to Join Alliance, Hundreds of Thousands March for Polish Opposition Ahead of Vote, Beverly Hills Voters Choose Lifestyle Over Luxury in Rejecting LVMH Hotel, Newly Rich US Defense Tech Titans Seek FreshFortunesin Ukraine, Airlines Bask in Sky-High Summer Fares While Airports Stay Stuck, In Alaska, Battling Climate Change in Camouflage. Mr. Sasha Mirchandani serves as Non-Executive Independent Director at Nazara. How Does 1M/1M Help Entrepreneurs Connect With Silicon Valley? For more than a decade now, Sasha Mirchandani, the son of Onida Group founder chairman, Gulu Mirchandani, has had no role to play in the family business.
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