Two Indian-Americans Raise $100,000 Each For Hillary Clinton's Campaign: Report

Tuesday, 21 July 2015, 23:53 IST
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Parekh, managing director at the New York-based Insight Venture Partners, also serves as treasurer of the National Academy Museum.

Parekh is member of the Council on Foreign Relations and the Economic Club of New York. He had raised at least $200,000 for the re-election campaign of President Barack Obama in 2012.

A Wharton School (University of Pennsylvania) graduate in Economics, Parekh gave more than $161,000 in individual contributions to the Obama campaign and various Democratic Party organisations in 2012.

Parekh, who has backed U.S. tech pioneers Twitter, Tumblr and Flipboard and Chinese Alibaba and JD.com at Insight, was ranked 57th in Forbes' annual Midas List of "The World's Smartest Tech Investors of 2015".

In 2010, he was part of a U.S. delegation of several investors, government representatives and technology companies that visited Russia to explore investment and technology collaboration opportunities between the U.S. and Russia.
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Source: IANS