Vivek Paul

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Vivek Paul
Born 1958 (1958)
Nationality USA
Education University of Massachusetts Amherst (MBA), Birla Institute of Technology and Science (Bachelor of Engineering)
Occupation Private equity
Employer TPG Capital, Wipro (prior)

Vivek Paul (born 1958) is an Indian-born businessman and founder of KineticGlue, a cloud based software company. He is also a Consulting Professor of Radiology at Stanford University. Prior to KineticGlue, Paul was most recently a partner at TPG Capital, one of the world’s leading private equity investment firms. From 1999-2005, he was Vice Chairman of Wipro.

Early career[edit]

Paul received Bachelor of Engineering degree from Birla Institute of Technology and Science-Pilani and MBA from University of Massachusetts Amherst . He did his schooling from St. Columba's in New Delhi.

Wipro[edit]

In 1999, Paul was asked to run Wipro's software unit in India. Wipro was a $150-million company when Vivek Paul took over, and it had all the tendencies of a small, traditional company. Paul has been credited with creating a global business and for much of Wipro's growth into a multibillion dollar company.[citation needed]

On October 19, 2000, Wipro was listed on the New York Stock Exchange. In 2003, Keyur Patel - a lead investor in Inktomi and its Chief of strategy/technology and marketing gave the first product off-shoring contract to Wipro under Paul's guidance. In June 2004, at the annual general meeting, Paul was re-appointed to his position of vice chairman.[citation needed]

The following year, however, in May 2005, Paul began to express 'restlessness' with his position and disclosed that he was evaluating other positions. Shortly after a May 6 offsite event at Goa's Hotel Marriott, Paul began telling colleagues of his intention to leave Wipro. On June 29, he formally put in his papers. The following day, Wipro announced that Paul was leaving and that Dr A L Rao, would become the chief operating officer.[1]

The following day, the Wipro stock on the Bombay Stock Exchange closed dropped almost 3% on the news of Paul's departure.[citation needed]

TPG Capital[edit]

In June 2005, Paul joined private equity firm, TPG Capital, to work in its venture capital business. He went on to be a Founding Partner of TPG Growth, a fund focussed on growth capital for mid size companies.[2] He resigned from TPG in December 2008.

Kinetic Glue[edit]

Founded KineticGlue, a cloud based enterprise social media application in 2008.[3] Sold company to BMC in 2013.

Acknowledgments[edit]

  • Ranked among the best managers in the world by BusinessWeek in 2003 [4]
  • Among the top global business influentials by Time magazine in 2004 [5]
  • Among the top 30 most respected global CEOs by Barron's.[6]

References[edit]