TiE Mumbai appoints Ranu Vohra as President and Dr. Apoorva Ranjan Sharma as President-Elect
- ByStartupStory | April 3, 2023
TiE Mumbai has announced today that Ranu Vohra will assume the position of President from April 2023 for a two-year term, while Dr. Apoorva Ranjan Sharma will serve as the President Elect during the same period.
Over the past two years, TiE Mumbai has made notable progress in all areas of its operations and outreach to entrepreneurs, demonstrating a renewed sense of energy and purpose with a strategic focus on promoting entrepreneurship within the ecosystem. Despite the challenges posed by the pandemic, TiE Mumbai was able to seamlessly transition from the digital realm to physical meetings, events, and gatherings.
Welcoming Ranu Vohra and Dr. Apoorva Ranjan Sharma, Amit Mookim, Past President, TiE Mumbai said, “Over the last 2 years, TiE Mumbai’s charter member base has grown 2x. TiE Mumbai’s revenue base through a mix of TiEcon, Open Innovation programs, Membership has grown by 2x and is slated to grow to 3x revenue by the end of this year. Today we are tightening our Governance Structures, building a Robust Team, Board and Charter Members with a 3-5year Vision and Leadership in mind. Ranu and Apoorva have been a part of the TiE Mumbai leadership and the TiE network for a long time. They together are well positioned to scale TiE Mumbai even further and continue this growth trajectory.”
Commenting on his election, Ranu Vohra, President, TiE Mumbai said “TiE Mumbai has been the crucible for innovation and for entrepreneurs to interact, learn from one another and build more sustainable, robust businesses. Mumbai continues to offer significant advantages to the growing cohort of entrepreneurs and in offering a great start up ecosystem, which is so vital for companies to start and prosper. TiE Mumbai will be central to entrepreneurs as they go along in the journey to become more meaningful and responsible corporate citizens for the country. Besides, as the financial capital of India, Mumbai offers companies the resource they need the most as they build on their value proposition. My vision is to continue its rich legacy and bring Mumbai higher on the country’s startup map through TiE. I would like to thank the Past Presidents and the current Board of TiE for electing me to this position. I
would also like to thank the outgoing President, Amit Mookim, in strengthening TiE and continuing the rich legacy despite a tough COVID environment.”
TiE Mumbai, under the leadership of Amit Mookim, has made significant progress in the past two years and accomplished various feats. One of their major accomplishments was the success of TiEcon 2022, which had a massive turnout of 3600 delegates, 1500+ startups, and 27 unicorns. The event attracted an excellent mix of leaders and officials, which was a significant boost to the startup ecosystem and TiE Mumbai’s memberships. As a result, the organization experienced a healthy surplus.
During the peak of the pandemic, TiE Mumbai shifted its focus towards initiating Open Innovation programs for corporations. TiE Mumbai provided assistance to these corporations in various aspects such as conceptualizing, generating value for startups, executing the program (cohorts), and conducting demo/graduation day as a part of the entire process. Today, TiE Mumbai is regarded as a successful partner in India that aids corporations in their Open Innovation Strategy and Programs. At the last Rome Retreat, it was awarded the “Most Innovative Program” among all the other chapters. Furthermore, TiE Mumbai has conducted several events like Thought Leadership Series, investor connects, and venture investing classes during this period. TiE Mumbai’s Special Interest Groups such as Fintech, Healthcare, Food Network, Media, and Retail have contributed significantly to the success of start-ups. TiE Mumbai has also been actively collaborating with other chapters across India and globally. The intra-chapter index of TIE Mumbai has shown significant growth over the past few years.
Dr. Apoorva Ranjan Sharma, President Elect, TiE Mumbai added, “We are witnessing a staggering growth momentum in the Startup sector in India. I am very excited about my new role at TiE Mumbai, which will help me contribute to this trajectory. I congratulate Amit Mookim on an extremely successful tenure at TiE Mumbai. I look forward to closely working with Ranu Vohra and the board to continue this momentum with a focus on structured mentoring thus adding value to the various stakeholders by fostering entrepreneurship, boosting innovation, knowledge sharing and funding. TiE Mumbai is at an inflection point in its current journey, ready to scale up and take on more initiatives to address the larger issues of our ecosystem.”
“In their new roles, Ranu Vohra and Dr. Apoorva Ranjan Sharma will together charter the path of building a concrete leadership team for the Startup ecosystem with a 5-year view. Their combination works significantly well since Ranu brings with him his rich experience with late-stage startups coupled with solid investments in that space while Apoorva adds immense value as he has built a strong investment network for early to growth stage companies. Their combination covers the entire breadth of the industry effectively.” said Harish Mehta, Author – The Maverick Effect, Co-Founder & First Elected Chairperson -NASSCOM, Chairman Past Presidents Council- TiE Mumbai, Founder and Chairman – Onward Technologies Ltd.
The newly appointed leadership team aims to capitalize on TiE Mumbai’s existing initiatives and presence, by enhancing the connections between startups, investors, government, corporate, and trade networks. Additionally, they plan to develop programs that are knowledge-based and goal-oriented, with the aim of positioning Mumbai as a preferred hub for startups.
About TiE
TiE, founded in 1992 in Silicon Valley by a group of professionals from the Indus region, has been providing support to entrepreneurs through education, mentorship, networking, and funding opportunities. TiE’s goal is to promote entrepreneurship globally by focusing on mentoring, networking, education, funding, and incubation, and creating a virtuous cycle of wealth creation and community giving. TiE’s main focus is to enable the next generation of entrepreneurs, with over 11,000 members, including 2,500 charter members, in 60 chapters across 17 countries.
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