The IndUS Entrepreneurs (TiE) is a non-profit organization with a mission to foster entrepreneurship through mentoring, networking, education, funding and incubation. With a focus of giving back to the community, TiE’s focus is on generating and nurturing the next generation of Entrepreneurs. By 2000, TiE-inspired startups had helped create new businesses worth more than US$50 billion in market capitalization, a number that is likely over US$100 billion by 2022. TiE as an idea emerged from a chance meeting at the Santa Clara Marriott in December, 1992, that was being hosted by a group of Indo-American entrepreneurs and executives for a visit by an Indian Government official. A group of seven individuals, led by Ambrish "A.J." Patel (who had proposed the idea of getting together regularly to network and support entrepreneurship), Narpat Bhandari, Kailash Joshi, Roy Prasad, Sam Sathya, Bipin Shah, and Ray Vrudhula formed an ad hoc committee to develop the idea of TiE and create an organization, which they did. Two years later, in December 1994, TiE was established as a formal, not-for-profit organization to foster entrepreneurship and networking. A group of 17 Charter Members formed the foundation of the organization, with Suhas Patil, ex-MIT professor and founder of Cirrus Logic as President, and Kanwal Rekhi, ex-Novell EVP and angel investor, who would be named President Elect. What was all of TiE back then continues to operate as TiE Silicon Valley now, one of some 60 chapters around the world today, with a virtual umbrella entity named TiE Global that oversees all the chapters. More information...
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