Niren brings to NVP India 16 years of operational, finance, investment banking and entrepreneurial experience from leading consumer oriented companies and global financial institutions. Niren serves as an advisor on India-based investments across a wide range of sectors and across various stages – from early and mid-stage venture to growth equity. Niren advised Norwest Venture Partners' investments in Cholamandalam Finance, DealsandYou.com, FashionandYou.com, IndusInd Bank, ING Vysya Bank, Jain Irrigation, Komli Media, Pepperfry, Quikr, Ratnakar Bank, Shriram City Union Finance, Suvidhaa and Yes Bank.
Prior to joining NVP India, Niren was the Senior Director of Strategy and Ventures at eBay Inc. (NASDAQ: EBAY) in California, where he helped drive the worldwide strategy across eBay’s Global Marketplaces. Niren was also part of the Marketplaces Ventures leadership team, where he was responsible for considering new business opportunities, acquisitions and potential investments across the Global Marketplaces. The Marketplaces business unit is eBay’s largest business unit and conducts gross merchandise volume of more than $50 billion annually.
Prior to this role, Niren served as Director of eBay Inc.’s New Ventures business unit with responsibility for the Americas. The New Ventures group was responsible for several investments and acquisitions such as Craigslist, Skype, Shopping.com, Rent.com, and also incubated Kijiji.com (eBay’s global classifieds business).
Previously, Niren was a part of the original management team of Baazee.com based in Mumbai, India. Baazee was India’s largest shopping website and raised more than $21 million of venture capital from investors such as News Corp. and ICICI Ventures. Niren joined Baazee in 2000 and was instrumental in taking the company through its entire lifecycle, from nurturing the business to a successful strategic sale to eBay. During his tenure, Niren served as CFO and Director of Operations, where he seeded and significantly grew Baazee’s B2B and Payments businesses. He also led several customer-centric areas such as product management, user experience and customer service. Post Baazee’s sale to eBay, Niren successfully led Baazee’s integration and platform migration into eBay.
Before joining Baazee, Niren was part of the early team at KPMG India’s Corporate Finance arm, where he was responsible for managing M&A transactions in the Technology, Media and Telecom verticals.
Earlier in his career, Niren was a registered equity trader with the Bombay Stock Exchange (BSE), where his responsibilities included equity dealing, market making and institutional deals on the BSE trading floor.
Niren obtained his masters in commerce from University of Mumbai where he was the recipient of the "University of Mumbai Gold Medal" and the "M.A. Master Gold Medal" for standing first across the University of Mumbai. Niren is also a rank-holder Chartered Accountant from Institute of Chartered Accountants of India. Niren graduated from Sydenham College and was the recipient of the United Bank of India scholarship as part of the Bachelors program.