Founder and CEO
New Silk Route Partners
Parag is a founding partner of New Silk Route Partners.
Previously, Parag Saxena was the Founder and CEO of INVESCO Private Capital; one of the oldest and largest venture capital firms in the US.
23-year tenure there were over 300 investments made, including Alkermes, Amgen, ARM Holdings, Costco, CompUSA, MetroPCS, PictureTel, Polycom, Shopzilla.com, Staples and Starbucks
These investments have led to the creation or building of companies which have created over 500,000 jobs and enjoy a market value exceeding $500 billion.
Parag's career began in 1978 at Becton Dickinson as a product manager.
Parag was later recruited by Booz, Allen and Hamilton to join their Technology Management Services Group focusing on business strategy development.
In 1983 he joined Citicorp Investment Management, a predecessor firm of INVESCO.
built a $1.5 billion small-cap group with a top-decile record prior to co-founding the private capital group.
Parag serves on committees advising the Prime Minister of India on venture capital and foreign direct investments.
has provided recommendations on small business and venture capital to representatives of the US Congress
He is also a Director of the Indian Institute of Technology, Bombay Heritage Fund as well as a Trustee of the Bharatiya Vidya Bhavan.
Parag has been the President of TiE Tri-State (NY, CT, NJ) from 2003 to the present.
Parag received an M.B.A. from the Wharton School of the University of Pennsylvania in 1982.
earned a B.Tech from The Indian Institute of Technology
in 1977, and a M.S. in Chemical Engineering from the West Virginia College of Graduate Studies in 1978.