Veteran Silicon Valley investor, Vinod Khosla is setting up an incubator to nurture ventures that solve bottom of the pyramid problems in India and he has made key hire in the country, according to two people with knowledge of the development. Srikanth Nadhamuni, the former head of technology at India’s unique identification project which sought to give a unique verifiable online identity to more than a billion Indians, will head Khosla Labs in India, sources said.
The incubator which will focus on companies that solve problems for the bottom of the pyramid will be launched in about six months. We have e-mailed Mr Khosla for more on this, however, there is no official conformation of this development yet. Nadhamuni, who was part of the team that made Intel’s first Pentium processor has worked at many silicon valley companies including Sun Microsystems.
Khosla and Nadhamuni go back to their days at Sun Microsystems. The Indo-American venture capitalist was a co-founder at Sun Microsystems where Nadhamuni was part of the Spark CPU design team.
Khosla labs already has an office in Bangalore and on their website, it says
Innovative, bottom-up methods will solve problems that now seem intractable—from energy to poverty to disease. Science and technology, powered by the fuel of entrepreneurial energy, are the largest multipliers of resources we have to solve our many social problems.
The core technology team that designed the architecture of the Unique Identification Authority of India’s project to give every Indian a unique identification number, has mostly moved out of the project. Pramod Varma, the Chief Architect of the project is now a part of India based business incubator Angel Prime and has moved to a part time role with the government project. He also mentors a few startups.
Nandan Nilekani, one of the founders of Infosys who moved out of the IT services company to head the UID project, had handpicked the team to setup the project’s technology backbone.
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