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This Indian American investor was appreciated by PM Modi
In 2021, Srinivasan collaborated with Naval Ravikant to invest in Koo, a Indian microblogging platform similar to X
Balaji S Srinivasan (left) and PM Narendra Modi (right) /
Prime Minister Narendra Modi has acknowledged the optimism among the entrepreneurial community about India as an investment destination. His reaction came as a response to a post on X, by Indian American entrepreneur Balaji S Srinivasan.
Discussing India’s growing potential as an global investment hub, Srinivasan described the country as an old civilization that is emerging as an attractive start-up destination.
"That’s why I’m investing in India and Indians: because I see the growth potential, because it helps build up Bharat, and because a strong and self-sufficient India is good for the world," Srinivasan wrote.
Appreciating his favourable stance, Prime Minister Modi wrote, "I love your optimism and will add- the people of India are trendsetters and trailblazers when it comes to innovation. We welcome the world to invest in our nation. India won’t disappoint."
I love your optimism and will add- the people of India are trendsetters and trailblazers when it comes to innovation.
— Narendra Modi (@narendramodi) November 26, 2023
We welcome the world to invest in our nation. India won’t disappoint. https://t.co/1OYtST7YX4
Srinivasan was the co-founder of genetic testing company Counsyl, the former chief technology officer (CTO) of Coinbase, cryptocurrency exchange, and former general partner at the venture capital firm Andreessen Horowitz.
The 43-year-old Silicon Valley investor and entrepreneur is the author of "The Network State" which outlines how to construct the successor to the nation-state concept he refers to as the network state.
During 2021, Srinivasan collaborated to invest in Koo, an Indian microblogging platform similar to X. Earlier in 2014, he co-founded a job search engine, Teleport, which was acquired by Topia in 2017. In 2013, he co-founded 21e6/ 21 Inc, a bitcoin mining statrup. It later pivoted as Earn.com, which was acquired by Coinbase.
The entrepreneur with roots in India, grew up in Long Island, New York. He received BS, MS, and PhD degrees in electrical engineering from Stanford University and an MS in chemical engineering, also from Stanford.
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