General Partner- Ventureast
Areas of Interest: Technology-enabled; clean environment
Contact Raghuveer Mendu
Raghu is a co-founder and general partner of Ventureast. He was part of the team that was responsible for the pioneering privatization of a venture capital fund in India. He is a technology professional by training, and his investment focus covers the broad technology and services space including IT, mobile, education, hospitality, alternative energy and water. He operates as Ventureast's partner based in the US.
Prior to co-founding Ventureast, Raghu had extensive corporate, entrepreneurial, and investment experience in the IT and banking industries in the US. He started a new subsidiary for Union Bank in Los Angeles called Union Bancsystems in the mid 1980s, and helped it grow to over $10Million in two years. Prior to this he was with Nixdorf Computer, first responsible for product development, and then for establishing the overall strategy and sales infrastructure for Nixdorf's Financial Industries Group. As an entrepreneur, Raghu has built and sold three companies including one of the earliest technology product companies in India. He has also been involved in the acquisition of over eight companies as part of a US publicly listed rollup.
Raghu has a Bachelor of Technology degree from the Indian Institute of Technology Madras, and an MBA from the University of Michigan, Ann Arbor. Along with his wife, Raghu has co-founded the "Heart of a Child Foundation", a charitable organization focused on supporting research in the area of congenital heart defects. He is an avid foodie, sport buff, and enjoys traveling and spending time outdoors.