665 Views

An Indian And An Israeli Walk Into A Bar… And Join 500 Startups

Jess Erickson
by

October 04, 2012

500 Startups Announces 2 New Venture Partners: Pankaj Jain in India + Shai Goldman in NYC.

 

Although we’re only a few years old, 500 Startups is already a global community of startups and investors. We’ve invested in almost 400 companies, nearly 100 of them outside the US. We’ve added people to our team with roots in Brazil, Japan, and Mexico, and now we’re adding India and New York City as well. Yes, we know Manhattan isn’t quite another country, but it’s certainly a different State of Mind. And we’ve had a torrid love affair with Hindustan since visiting the country on our GeeksOnaPlane India trip last fall, hiring Paul Singh last summer, and making investments in several Indian startups.

On that note, we’re ecstatic to announce 500 is bringing on two amazing geeks to help us — Shai Goldman in New York City, and Pankaj Jain in India!

 

Shai Goldman has been working with early stage startups and venture capital firms for over 10 years.  Shai was most recently with Silicon Valley Bank, running their early stage startup outreach group in NYC, which included managing relationships with accelerators, coworking facilities, angels and seed funds.  Shai will continue to be based in NYC, expanding the reach of 500 Startups.  Shai’s role will be combination of investing in NYC/Boston startups, cultivating L.P. relationships, improving operations, assisting portfolio companies and community building in NYC.

 

Pankaj Jain has been involved in the Indian startup scene for the last five years as an entrepreneur, community builder at Startup Weekend, mentor and investor. Most recently, Pankaj was consulting for the TLabs accelerator in the New Delhi area where he was focused on deal sourcing and running the accelerator. Prior to moving to India in 2007, Pankaj spent over ten years running technology and operations in NYC for multiple hedge funds, including LTCM. Pankaj will be focusing on investing in Indian startups, investor relations and building community across India.

Why India and New York? They’re both teeming with vibrant growth and change, not just in technology and business, but also in culture, fashion, sports, music, and media. This growth has been matched recently by a tremendous burst of innovation in tech startups, and people using this technology to solve real everyday problems. In New York, 500 has already been actively investing, with ~50-75 investments in companies like MediaLets,MakerBot, DailyWorth, Chalkable, Snapette, Bombfell, and 72Lux. We also have a number of mentors in the area. In India, we’ve already made have 10+ investments in Indian companies, including Teliport.me, MyGola, and CucumberTown. We also recently collaborated with Rajesh Sawhney’s GSF India Accelerator.

We’ll end here with a musical homage to each amazing community. Also, please give Shai and Pankaj a #500STRONG welcome on the Twittersphere! (@shaig and @pjain)

Most Popular

June 09, 2020

Our Framework Post-COVID-19

May 22, 2020

Launch Your Business in Georgia (The Country, not the State)

Recent

EcoCart Simplifies Sustainable Shopping for Eco-Conscious Buyers

While online shopping offers convenience and a way to stay safe during COVID-19, it is not necessarily the most “green” option. Many people are trying to find a way to offset any damage to the envi...

Apothecary Creates a Skinfluencer-Driven Marketplace for a More Unique Skincare Journey

While the skincare revolution is not new, it is quickly evolving as indie brands drive innovation and as the market continues to grow more quickly than the developed world’s GDP. Compounding that t...

Pawsh is Delivering Pet Grooming Services Anywhere

Traditional pet grooming is stressful for pets and their owners. Pets get anxious about traveling to unfamiliar environments and can spend up to four hours at a grooming salon during a session.&nbs...

Grow is Helping Teams Share Better and Faster Feedback

As COVID-19 continues to disrupt the workplace, many companies are developing new HR playbooks. Working from home is here to stay, which means providing team members with valuable feedback becomes ...