Jagadeesh, who grew up in Bengaluru and moved to Silicon Valley 20 years in the past, is the managing associate at Kaaj Ventures and had earlier invested in the US-based mostly Ocarina Networks, which was later acquired by Dell. The mission of TiE Quest is to connect entrepreneurs and business fans. Founded in 1992 by a gaggle of Indian entrepreneurs, executives and professionals with roots within the Indus area, TiE has 13,000 members in sixty one chapters throughout 18 nations the world over.

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Based in 1992 by a group of executives and professions in the Silicon Valley, TiE is now a worldwide organisation dedicated to the development of entrepreneurship throughout 14 countries with a huge presence in Asia. Accepting the award, Nanda commented that this was the third such accolade he had received since arriving in the UK three weeks ago. TiE's mission is to foster entrepreneurship, nurture entrepreneurs and provide a networking platform for its members.

The initiative is the brainchild of TiE Silicon Valley, the Silicon Valley chapter of The Indus Entrepreneurs, and distinguished U.S. CEOs of Indian origin, resembling Vivek Ranadivé, founder of TIBCO B$B seeks to speed up the pace at which Indian product firms can scale their operations to succeed as market leaders in an more and more aggressive international merchandise market. The values and beliefs of TiE are rooted in the tradition and value system of the Silicon Valley.

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The remainder are Silicon Valley entrepreneurs of various stripes. He stated that regardless that the worldwide economic outlook is bleak, we must always nonetheless keep looking onwards and upwards as far as supporting established and budding entrepreneurs. He talked about TiE's transformation since its starting as a gaggle of like-minded mates, to its current membership and reach. The night began with a welcome deal with by Dr Sanjeev B Ahuja, president of TiE UK. The One Million by One Million (1M/1M) initiative is saying a partnership with TiE Chennai that developed out of Sramana Mitra's presentation throughout TiE Chennai's Startup Tremendous Day on April 9, 2011.

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