Investments
5Portfolio Exits
3About Gaurav Garg
Gaurav is a Special Limited Partner at Sequoia Capital. Prior to joining Sequoia Capital in 2001, Gaurav was a Founder and Senior Vice-President of Product Management at Redback Networks (RBAK). Earlier, Gaurav held engineering positions at SynOptics and Bay Networks. Gaurav has a BS and MS in Electrical Engineering and a BS in Computer Science from Washington University in St. Louis.
Gaurav Garg Headquarter Location
Latest Gaurav Garg News
Jan 15, 2022
"With expectation for increased allocation to healthcare and social security, this stock might turn out to be a dark horse," Gaurav Garg, Head of Research at CapitalVia Global Research says Union Finance Minister Nirmala Sitharaman will present the Budget on February 1, 2022. Source: Reuters There are several stocks that are likely to benefit with the provisioning in the Union Budget 2022. Last year, Sitharaman had presented first digital budget ever in the view of Covid 19. The Union Budget 2021 saw significant allocation being made to healthcare sector and it is likely that the government may give similar or increased allocation to this space as pandemic continues to pose challenge to healthcare systems worldwide. See Zee Business Live TV Streaming Below: There is one stock that can benefit from this provisioning by the Union Finance Minister in the Budget 2022. Gaurav Garg, Head of Research at CapitalVia Global Research, feels that Apollo Hospital can be one such stock. As on January 14, Apollo Hospital shares have surged 97 per cent in the last one year, while they appreciated by 232% in the last two year. At 2pm on Friday, shares of Apollo Hospital were trading flat with negative bias at Rs 4963 per share on the BSE, down Rs 21.05 or 0.42%. "With expectation for increased allocation to healthcare and social security, this stock might turn out to be a dark horse," said Garg. Speaking of focus area, Garg said the street would focus on government’s disinvestment targets as government failed to meet its 1.75 lah crore target and in this year and the target might be revised. "For salaried class government might consider PPF limit increase under 80C from 1.5 lacs as it was untouched in last budget, "he said. Last year, allocating significant portion to health budget, Sitharaman had said, " I would like to say that the investment on health infrastructure in this Budget (2021) has increased substantially. Progressively, as institutions absorb more, we shall commit more. Taking a holistic approach to health, we focus on strengthening three areas—preventive, curative and wellbeing."
Gaurav Garg Investments
5 Investments
Gaurav Garg has made 5 investments. Their latest investment was in Tempo AI as part of their Series A on June 6, 2013.
Gaurav Garg Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
6/20/2013 | Series A | Tempo AI | $10M | Yes | 3 | |
4/30/2013 | Seed VC - II | |||||
3/7/2013 | Series B | |||||
4/3/2012 | Series A | |||||
3/29/2012 | Series A |
Date | 6/20/2013 | 4/30/2013 | 3/7/2013 | 4/3/2012 | 3/29/2012 |
---|---|---|---|---|---|
Round | Series A | Seed VC - II | Series B | Series A | Series A |
Company | Tempo AI | ||||
Amount | $10M | ||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 3 |
Gaurav Garg Portfolio Exits
3 Portfolio Exits
Gaurav Garg has 3 portfolio exits. Their latest portfolio exit was Pertino on December 08, 2015.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
12/8/2015 | Acquired | 2 | |||
Date | 12/8/2015 | ||
---|---|---|---|
Exit | Acquired | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 2 |
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