Venture Advisor, US
Ajit Nazre joined Wellington Partners as a venture advisor in 2012. Ajit has been working as EVP and CSO at Reliance Industries Ltd.
At Reliance, he has been responsible for launching "Jio", a Telecom and Digital Media Services venture that can potentially connect 500M Indians to the internet by the end of 2016. Before joining Reliance he was a Senior Partner at Kleiner, Perkins, Caufield & Byers (KPCB) from 2003 to 2011.
Ajit focused on investments in enterprise software, new materials, and cleantech. He made 19 investments with 11 exits. He led KPCB's India investment initiative and also made 4 investments in Europe. Some of his successful exits at KPCB included LuxVue (acquired by Apple), 3DV (acquired by MSFT), Virsa (acquired by SAP), Vertica (acquired by HP) and InfoEdge (IPO in 2006). Prior to KPCB, he worked at SAP from 1998 to 2003.
Ajit joined as a Technical Assistant to Dr. Hasso Plattner, CEO, Chairman, and Co-Founder of SAP. He played a key role in formulating and executing SAP's mySAP.com initiative. Ajit co-founded SAPMarkets, SAP's e-commerce software company and as Managing Director at SAPMarkets Americas, he grew the business to $100 million in six quarters. After SAPMarkets was acquired by SAP in 2002, Ajit laid the foundation for SAP Inspire and served as the Senior Vice President. Prior to SAP, he worked for six years in the medical device industry.
From 1991 till 1995, he worked at Zimmer Inc. as a Development Engineer and oversaw the introduction of three new product lines in two years. At Mathys AG (Synthes) in Switzerland, Ajit was a Group Manager for Business Development and Product Management from 1995 to 1997.
He holds seven United States and four European patents and has published and presented over 15 articles in peer-reviewed journals and conferences. He holds a Ph.D. in Biomechanics from the Technical University of Hanover, Germany, an M.S. in Mechanical Engineering from the Michigan Tech, an M.B.A. from the Harvard Business School, and an undergraduate degree in Mechanical Engineering from the College of Engineering Pune, India.