Deep Nishar, the man part of 36 investments, announces exit from SoftBank Vision Fund, BFSI News, ET BFSI
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Nishar holds a top management post in the company, with only three executives outranking him, including Masayoshi Son, founder and chairman of SoftBank Group Corp.
In a LinkedIn post, Nishar said he would be leaving the firm at the end of the year. He has worked with the company for six years.
“I will bid adieu to my amazing team and colleagues at the end of this year. With much gratitude for the honor and privilege of serving the SoftBank family,” Nishar said in the LinkedIn post.
The reasons for his exit were not mentioned in the LinkedIn post.
Nishar is an IIT-Kharagpur alumnus, and has served on several public and private company boards, including Automation Anywhere, Cohesity and Slack.
Nishar joined SoftBank in 2015, and is based in US’ San Franciso Bay area.
With over 20 years of experience in helping build software businesses, Nishar has served as an asset to SoftBank, co-authoring 14 patents, and being involved in 36 investments, which include eight IPOs and two M&As.
Before SoftBank, Nishar played a pivotal role in LinkedIn as the site’s product head. He helped the site grow from 32 million members to 347 million, and annual revenue increased from $78 million to $2.22 billion.
Before LinkedIn, Nishar held several leadership roles at Google.
He was also the founder of enterprise software company Patkai Networks.
Apart from his strong technical background, Nishar has also been a lecturer at Stanford University.
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