July 1, 2005

Indian outsourcing exec moves into venture capital

Category: Uncategorized – Author: admin – 4:39 am

From | Read more

Paul, the highly touted chief executive of Indian outsourcing giant Wipro Technologies, has been named a partner at investment firm Texas Pacific Group, the group said Thursday. Having helped Wipro emerge as a leader in the growing field of technology services outsourcing, Paul will now focus on venture capital investments in the technology and life sciences areas–just as the start-up scene is coming back to life.

Officially, Paul is taking a role as a partner in TPG Ventures, the venture capital arm of Texas Pacific Group.

Paul, 46, will work closely with the professionals of Texas Pacific Group and its Asian affiliate, Newbridge Capital, who jointly manage a portfolio of approximately $70 billion in revenue.

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