Anil Vasagiri
***** **** **** *****, ******, CT *6518, Phone: 626-***-****, E-mail:
****.********.****@*******.*****.***
EDUCATION
THE WHARTON SCHOOL, UNIVERSITY OF PENNSYLVANIA Philadelphia, PA
Masters in Business Administration; Major in Strategic Management 2004 - 2006
and Finance
Conducted market & financial analysis for an Indian Venture Capital firm investing in
wireless technology solutions
Summer Associate at TL Ventures
Reviewed business plans, led industry and competition due diligence, designed detailed
financial models to forecast market/company growth and conducted valuation analysis
Advised senior management of a fast growing portfolio company on marketing, customer
acquisition and partnership strategies; helped create a new go-to market strategy to
double the sales in 12 months
REGIONAL ENGINEERING COLLEGE Durgapur, India
Bachelor of Engineering, Chemical Engineering; Top 1% of graduating 1993
class
Graduated Magna Cum Laude; received University Gold medal for scholastic achievements"
EXPERIENCE
Connecticut Innovations (Venture Capital & Growth Equity Fund of Rocky Hill, CT
The State of Connecticut) May 2007 - till
Director, Investments date
Career Progression:
Associate - May 2007, Sr. Associate - May 2008, Director, Investments - May
2009
Role/Responsibilities:
Identify new areas for investment and assess growth, competitive and financial return
prospects for emerging technology companies
Analyzed investment opportunities in Healthcare IT, Technology enabled business
services, Enterprise Software, Security, Mobility & Wireless, Communications &
Infrastructure, Digital Media and Medical imaging technologies
Lead due diligence efforts in evaluating investment opportunities including conducting
customer and management interviews, negotiate deal terms and execute investment
transactions
Structured and negotiated preferred equity, convertible debt, follow-on financing and
recapitalization transactions
Proactively network with industry executives, venture capitalists and entrepreneurs to
source investment opportunities and business partnerships; participated in speaking
panels at various industry events
Serve on boards of portfolio companies and provide strategic advise/assistance on
development of product, go-to market, growth, pricing and partnership strategies
Actively engaged in operational, sales, business development and product management
discussions with portfolio companies' senior management; developed influential voice at
boards to build consensus and drive decision making
Profile of transactions working on/worked:
Potential Series A investment in novel medical imaging solutions company developing
technology for developing images with MRI quality at extremely low cost & without using
any harmful ionizing radiation
Potential Series C Investment in a integrated technology solutions company developing
chip-based technologies for tracking activity & physiological data to improve quality
of life and provide healthy outcomes
Potential Series A investment in a infrastructure company providing security,
compliance and identity management solutions
Series A investment in a technology company providing SaaS platform for management of
operations, governance and regulatory compliance services for community financial
institutions & healthcare providers
Series A investment in an Enterprise Semantic search company developing meaning-based
search technology that can provide context relevant search results from structured
databases and unstructured content repositories
International Business Machines (IBM) Corp New York, NY
Senior Consultant - Strategy & Change Internal Practice June 2006 - May
2007
Managed multiple work streams on CEO initiative to identify new growth opportunities
leveraging IBM assets. Working alongside a team of top IBM executives, developed growth
strategy for generating $1B+ in new revenues using Resource Optimization and Service
Management technologies
Evaluated IBM's investment strategy across industry solution portfolio and prepared
financial models to determine ROIC and EVA of solution portfolio
Conducted market research on broad range of complementary technologies and identified
several companies for potential partnerships and acquisition
Analyzed the impact of existing organization structure, performance evaluation metrics
and incentive systems on solution sales and designed future-state organization
structure and business processes to complement the growth strategy
Developed go-to market Strategies for a new kind of system platform that integrates
high value software with modular, high volume hardware
Led multiple work streams on "Operations Restructuring" of worldwide service delivery
group of Strategic Outsourcing business unit
Directed the initial diagnostic effort, to develop detailed value-stream maps of
business process and identify pain-points
Conducted employee surveys and interviews which served as inputs to VA/NVA activity
analysis; determined appropriate staffing levels through Bottoms-up build up and
Operating System lean lever analysis
Developed management infrastructure for continuous improvement and implemented a
future-state operations model which is expected to generate more than 40% cost savings
annually
Evaluated new investment and growth opportunities in application of Smart Grid,
Intelligent Energy, Remote Check Capture and Payment Technologies
Oracle Corporation San Diego, CA
Technical Manager - Two time winner of highest award for consulting 1999-2004
excellence and client satisfaction
Venture Execution
Identified new business opportunity for an automated business solution to handle liens,
levies and other third party assignments
Conducted ROI analysis and presented business case, demonstrating positive future cash
flows, to Oracle Venture board and raised funds for developing the solution; led team
of 3 consultants to rollout solution to two clients within 6 months
Product & Project Management
Responsible for defining and implementing best practices to improve Oracle's service
offerings and engaged in managing strategic relationships at several high-profile
Dept. of Defense client sites
Led the product development effort to roll out key functionality in Oracle e-Business
Suite; supervised the implementation of the new product modules at a $30 M engagement
at Defense Finance and Accounting Services (DFAS)
Salvaged $10 million U.S.Navy initiative to consolidate $800 million budget management
processes; led team of 6 to implement consolidated budget management system across two
regions within 1 year and demonstrated 15% cost savings
Led the sales efforts of a $2.5 million Workflow enabled Business Intelligence system
at Navy Public Works (PWSO); managed relationships with CIO and senior Navy Officers,
implementation partners and other technology vendors
Tata Consultancy Services (General Electric Transportation Systems) Hyderabad,
India/Erie, PA
Assistant Systems Engineer - Recipient of General Electric 1997-1999
Certificate of Appreciation and cash award
Re-engineered inventory and order management processes to improve after-sales service
by providing real-time interface between parts warehouses and unit exchange repair
points
Designed and implemented call-center application to improve after-sales service at GE
Transportation Systems
Indian Oil Corporation Haldia, India
Production Engineer 1994-1996
Managed product operations and supervised automation of core refining operations at a
$150 million lube oil refinery
Completed advance program on Advanced Refining Technologies at Indian Institute of
Petroleum
ADDITIONAL INFORMATION
U.S. Citizen
Languages: Fluent in English, Hindi, Telugu, Bengali and Konkani. Beginner in Mandarin
and French
Amateur Golfer, Novice Rower, Avid Ping-Pong Player (Table-tennis) and Crossword puzzle
enthusiast