Canaan Partners, a global venture capital firm, appointed Rahul Khanna as a Managing Director of Canaan India.
Mr. Khanna, who brings to the firm over 15 years of international operating and venture capital experience, will lead new investments in early-stage, India-based technology companies in the consumer internet, mobile, software, and managed services industries.
Prior to joining Canaan India, Khanna was Founding Director of Mumbai-based Clearstone Venture Advisors, Previously, he served as Asia Pacific Area Director for Sonim Technologies, as Manager of Business Development at Airflash, and in management roles at Hutchison Max Telecom.
For the firm, this appointment means the expansion in the Indian technology sector, and underscore its commitment to global investing. Canaan India’s current investments include BharatMatrimony, Cellcast, iYogi Holdings, MotorExchange, and UnitedLex.
Commenting on the announcement, Khanna said: “I’m thrilled to join the Canaan India team and look forward to helping identify, fund, and accelerate the international growth of the next generation of India-based technology leaders”.
FinSMEs
04/03/2011