Kirthiga Reddy Joins SoftBank Vision Fund
Reddy, who headed Facebook operations in India, to be fund’s first venture partner
New Delhi: Facebook senior executive Kirthiga Reddy has joined SoftBank Vision Fund as its first venture partner, the Japanese technology investor announced on Friday. Reddy spent six years in India, having joined as the technology giant’s first employee in the country and leading its operations based in Mumbai, before moving to its headquarters in Menlo Park in 2016.
She will be working with Deep Nishar, senior managing partner at SoftBank Investment Advisors, which oversees the Vision Fund, the world’s largest technology investment fund.
“I am excited to be working closely with Deep Nishar on frontier technologies — AI, robotics, health tech, bio engineering, semis, IoT, quantum computing, and more — that will enable the next stage of the information revolution,” Reddy wrote in a post on Facebook.
Reddy, an alum of Syracuse University and Stanford Graduate School of Business, will be based in the Vision Fund’s Silicon Valley office in San Carlos. During her stint in India, she built Facebook’s global operations centre in the country and also led SMB sales for Southeast Asia, according to her profile on professional networking platform LinkedIn. “We are very excited to welcome Kirthiga Reddy to the SoftBank family,” a spokesperson for SoftBank Investment Advisers said. “She joins us from Facebook where she built many of their critical operations around the world, including her work in India and her focus on emerging and high-growth markets like Brazil and South Africa.”
The development comes at a time when Masayoshi Son, chairman and founder of the Tokyoheadquartered strategic holdings company, has spoken about raising multiple $100 billion Vision Funds, each within two-to three years.