Varsha Tagare is a Managing Director at Qualcomm Ventures and an advocate for diversity in the technology sector. She oversees a $150M fund dedicated to India and cross border Digital Enterprise investments. She is focused on Digital Enterprise in the US. Varsha was recognized as a Rising Star by Global Corporate Venture Organization in 2019.
Prior to joining Qualcomm Ventures, Varsha was an investment director at Intel Capital, responsible for global equity investments in Mobile Technology.
She has led and managed investments in Blue Canoe, JAMDAT(IPO), Jio, Lookout, MindTickle, Mobile365(M&A by Sybase), Sibros, Zinier and Zuddl. Her international portfolio includes Capillary Technologies, Enstage (M&A by Nasper), Ideaforge, MapMyIndia (IPO), MCX(IPO), Ridlr (M&A by Ola), Reverie Language Tech (M&A by Reliance), ShadowFax and Yourstory. The India Fund has also invested in companies such as Bounce, boAt and Stellapps.
Varsha has deep engineering and operating experience in Chip Design on Pentium II, Technical Marketing and Business Development Groups at Intel.
Varsha has an M.S. in Electrical and Computer Engineering from the University of Wisconsin-Madison, and B.E. in Electrical Engineering from VJTI from the University of Bombay. She holds two US patents in Microprocessor Design.
Outside the Office
Outside of office, Varsha continues her training in Indian Classical Dance form of Kathak.
ideaForge Technology was founded in 2007, by a team of dynamic graduates from the Indian Institute of Technology, Bombay. In 2009, it created what was then the world’s smallest and lightest autopilot at 10 grams, and Technically Collaborated with Defense Research and Development Organization (DRDO) to co-create NETRA. Today, the company is a global technology leader in the VTOL Micro and Mini UAV space, and is also the market leader of the defense and internal security UAV market in India.
ideaForge has a large client base consisting of Defense & Internal Security agencies, as well as government bodies which employ and procure UAVs. It has also begun introducing UAVs in the industrial segment; delivering drone-based solutions for industries involved in agriculture, mining, energy, environment and others, and is the first in the country to develop LiDar-mounted UAVs. The company has delivered more than 550 UAVs to various forces, and has trained more than 1100 pilots. It is a vertically integrated company which is equipped with in-house R&D, manufacturing, software, services and training operations. This provides the flexibility to customize products to deliver end-to-end UAV solutions and services to the industrial and commercial sectors. The company is continually innovating and experimenting to transform its aerial platforms, to offer greater performance, higher reliability and autonomy.
Jio Platforms Limited (“Jio”), a majority owned subsidiary of Reliance Industries Limited, has built a world class all-IP data strong future proof network with latest 4G LTE technology (through its wholly owned subsidiary, Reliance Jio Infocomm Limited). It is the only network conceived and born as a Mobile Video Network from the ground up and supporting Voice over LTE technology. It is future ready and can be easily upgraded to support even more data, as technologies advance on to 5G, 6G and beyond.
MindTickle’s sales readiness platform enables businesses to transforming their sales and partner enablement initiatives from ad-hoc methods into standardized, scalable, engaging and effective processes. MindTickle’s Saas technology helps hyper growth companies such as Cloudera, Nutanix, AppDynamics, Qualtrics and Couchbase accelerate and scale their sales engine.
Capillary Technologies offers a cloud-based platform which powers end-to-end customer engagement, loyalty and social CRM solutions for more than 170 major brands across 20,000 stores, serving over 150 million consumers
MapmyIndia (CE Info Systems Pvt. Ltd.) is India’s leader in premium quality digital map data, Navigation, Tracking and LBS products, and GPS & GIS based systems integration services.
Lookout is a cybersecurity company that predicts and stops mobile attacks before harm is done to an individual or an enterprise. Lookout’s cloud-based technology is fueled by a global sensor network of more than 70 million users and tens of thousands of apps that are added daily. With this dataset of virtually all the mobile code in the world and the predictive machine intelligence to analyze and make sense of the data, Lookout can identify connections that would otherwise go unseen and stop cybercriminals from attacking mobile devices.
Reverie Language Technologies is a cloud-based Language-as-a-Service platform. It helps organizations create multilingual parallels of their mobile apps, web portals and content in real time. Based in Bangalore, India, Reverie’s solutions are installed in over 200 million devices worldwide and are packaged in products of some of the fastest growing mobile brands.
Ridlr – Your Personal City Guide. Ridlr tells you exactly when the next bus, train or metro rail will arrive so you can plan your journey with ease, even using multiple modes of transport. Timetables can be downloaded and used without an internet connection to view them later.
Sibros powers the connected vehicle ecosystem with its Deep Connected Platform™ for full vehicle OTA software updates, data collection, and diagnostics in one vertically integrated system. DCP supports any vehicle architecture – from ICE, Hybrid, EV to Fuel Cell – while also meeting rigorous safety, security, and compliance standards. By combining powerful automotive software and data management tools in one platform, Sibros empowers OEMs to realize hundreds of connected vehicle use cases spanning fleet management, predictive maintenance, data monetization, paid feature upgrades, and beyond. For more information about the Silicon Valley-based company, visit www.sibros.com.
YourStory.com is India’s no.1 media platform for entrepreneurs, dedicated to passionately championing and promoting the entrepreneurial ecosystem in India.
Zinier is the leader in intelligent field service automation, helping organizations work smarter—from the back office to the field—to install, fix, and maintain the services that we rely on every day. Its AI-driven platform, ISAC, uses artificial intelligence, proactive insights, and an intuitive, all-in-one mobile experience to supercharge every aspect of an organization’s field service operations.
Shadowfax, based in Bengaluru, a brainchild of two IIT Delhi alumni, started in 2015 with an aim to make instant deliveries a reality in India. Its logistics gateway for businesses, operating on a plug-and-play format, offers an on-demand delivery service platform to its clients. The technology enables customers to make fast, safe and reliable deliveries by instantly connecting them (businesses/e-tailers/retailers) with the company’s extensive network of 30,000+ Delivery Partners spread across 80+ cities and towns in India.
Operating on an asset-light model, Shadowfax currently fulfills 90,000+ unique orders a day in food, grocery, fashion, pharmacy, furniture, e-commerce and traditional business sectors. The company services wide variety of clients like Dominos, Big Basket, Amazon, PayTM, Flipkart, Myntra, McDonald’s, 1MG, and many others including smaller restaurants, merchants and retailers.
Shadowfax is on a mission to connect the next million micro entrepreneurs and suppliers in logistics and aims to deliver 10 Lakh+ orders per day by 2021.
The events platform company which helps enterprises manage and execute virtual and hybrid events effortlessly.
Locus is a global technology platform that uses machine learning and proprietary algorithms to automate complex supply chain decisions.