Omidyar Network’s India MD Jayant Sinha puts in papers

14 February, 2014

Jayant Sinha, partner and managing director of Omidyar Network’s India operations, has left the firm. While Sinha’s next move is not known as of now, the firm is currently looking for his replacement. The development was first reported by Startup Central. 

Currently, India operations at the firm are being overseen by its existing senior investment team, including Badri Pillapakkam, Dimple Sanghi, Anuradha Ramachandran and Mallika Singh. 

Sinha had joined Omidyar Network back in September 2009, and had been with the firm for over four years. Prior to that, he was the managing director at Courage Capital Management, an investment advisor offering alternative investments to institutional investors and private clients. Before that he was a partner at McKinsey & Company, and president at Internet Business Capital Corporation. An IIT Delhi alumnus, he holds a MBA degree in general management from Harvard Business School, and a MS degree in energy management & policy from University of Pennsylvania (US). 

Established in 2004 by eBay founder Pierre Omidyar and his wife Pam, Omidyar is a philanthropic investment firm dedicated to harnessing the power of markets to create opportunity for people to improve their lives. Omidyar invests upwards of $1 million in companies. To date, it has committed more than $628 million to for-profit companies and non-profit organisations. Of this, $288 million was invested in for-profit companies, while the remaining ($340 million) has been spent via grants in non-profit enterprises. 

Omidyar’s Indian investments include companies like Quikr, Akshara Foundation, Anudip Foundation, Aspiring Minds, HealthKart, EnglishHelper, iMerit Technology Services and Teach For India.

(Edited by Joby Puthuparampil Johnson)


Leave Your Comment
Omidyar to invest $20M in India this year

Omidyar to invest $20M in India this year

Jasleen Kaur Batra 3 years ago
Omidyar Network, the philanthropic venture investment firm set by co-founder of eBay, is looking to back around half a dozen firms in India committing around...
Omidyar Network ropes in Roopa Kudva from CRISIL as partner & MD for India

Omidyar Network ropes in Roopa Kudva from CRISIL as partner & MD for India

Bhawna Gupta 2 years ago
Global impact investment firm Omidyar Network has appointed Roopa Kudva as  partner and managing director of Omidyar Network India Advisors, its Indian arm. Roopa is...
Omidyar Network Ropes In Surya Mantha As Director, Investments

Omidyar Network Ropes In Surya Mantha As Director, Investments

TEAM VCC 7 years ago
Omidyar Network, a philanthropic investment firm, has roped in Surya Mantha as director, investments, reports Afaqs! Mantha was previously executive director, convergence, Network18. Mantha joined Web18,...
No Comments

Omidyar Network’s India MD Jayant Sinha puts in papers

Powered by WordPress.com VIP