Parag has spent most of his 15 year career as a venture investor in India. He has invested in 25 companies, resulting in 14 exits including three IPOs to date. He began at ICICI Venture in Bangalore in 1993, at a time when the funds managed by the Indian VC industry were less than $50 million. At ICICI, Parag was part of the core team exploring investment opportunities in the Telecom/Media/Technology (TMT) sectors in India. He made 14 investments in his 7 years there, including Geometric Software which completed a highly successful IPO in FebÂ’00. Parag moved to GE Equity in Gurgaon in 2000, to become part of the TMT-focused investment team there. He made 8 investments in his 4 years at GE, including TV Today which completed its IPO in JanÂ’04. His GE stint also included a 2-year functional role at Genpact, IndiaÂ’s largest BPO company. Immediately prior to Inventus, Parag was an Associate Director at Intel Capital and made 3 investments in his 2 years there. Parag has served as a Director/Observer on the Board of 17/25 companies that he has invested in.

Education
Parag earned his MBA at the Indian Institute of Management (IIM), Bangalore following his BSME at IIT-Delhi. He is active in the IIT and IIM circles in Bangalore, including being a member of the current IIM Alumni Committee.