CAMBRIDGE, MA—TiE-Boston, the second largest chapter of The IndUS Entrepreneurs, the world’s largest not-for-profit network of entrepreneurs dedicated to fostering entrepreneurship, will award its highest honor, the Lifetime Achievement Award, to local entrepreneur and philanthropist Venkat Srinivasan during its 20th Anniversary Gala in December.
Srinivasan is a serial entrepreneur, who has founded several companies, including Rage Frameworks, e-Credit, EnglishHelper and Corporate Fundamentals Inc. In addition, he serves as Vice Chair of the American India Foundation (AIF).
The TiE-Boston gala will be held on Wednesday, Dec. 13, at the Woburn Hilton Hotel in Woburn, MA. Every year, TiE-Boston’s gala is a celebration of successes in the entrepreneurial ecosystem and the TiE-Boston community. The TiE-Boston Board awards the Lifetime Achievement Award when an individual has made a lasting impact in the business community, and a significant contribution to the success of TiE-Boston.
“I am honored and humbled that TiE-Boston has selected me for this award,” Srinivasan told INDIA New England News. “I salute TiE for championing entrepreneurship. I do believe that entrepreneurship is solution to the society’s many challenges.”
TiE-Boston’s Lifetime Achievement Award this year is honoring Srinivasan for having distinguished himself as one of Boston’s entrepreneurial leaders.
“Venkat embodies the true spirit of TiE by building good companies, empowering employees and entrepreneurs, and giving back to solve big problems and help society at large,” said TiE-Boston President Praveen Tailam. “He has been associated with TiE for a long time and has always inspired budding entrepreneurs by investing his time and capital, and is well respected by the fellow charter members for his philanthropic work.”
Srinivasan is a serial entrepreneur and was till recently Founder and CEO of RAGE Frameworks. He has successfully built several knowledge-based technology businesses including eCredit, Corporate Fundamentals and recently Rage Frameworks. The RAGE AI platform is pioneering the creation of intelligent machines in a wide range of industries and for a broad range of use cases.
Srinivasan has also founded EnglishHelper, KnowYourMeds and AIinGov all of which are double bottom-line enterprises focused on education, health and the public sector, respectively. He is a uniquely experienced individual with expertise in multiple functional areas. He is an expert in knowledge-based systems architectures, artificial intelligence, computational linguistics, natural language processing, corporate finance and accounting.
Srinivasan holds several patents related to flexible technology architectures. His book titled, The Intelligent Enterprise in the Era of Big Data was published by Wlley in 2016 and he is the author of a forthcoming book titled, The Rise of Intelligent Machines, also to be published by Wiley.
Prior to founding eCredit.com in 1993, Srinivasan served as an Associate Professor at Northeastern University’s Graduate School of Business in Boston, MA. He holds a Ph.D. from the University of Cincinnati, Ohio. He is a certified Chartered Accountant from India.
Srinivasan and his wife, Pratima, are active in the community. He is a Vice-Chair of the American India Foundation [AIF] dedicated to catalyzing social and economic change in India. Srinivasan is also a Trustee of BUILD, a non-profit organization focusing on entrepreneurship to excite and propel disengaged, low-income students through high school to college success in the U.S. He is a member of the Boston Harbor Now’s Advisory Board.
Since 1997, TiE-Boston has been supporting entrepreneurs by offering education, mentorship, networking, and funding opportunities. What makes TiE unique is that the organization connects entrepreneurs with each other and other stakeholders in the ecosystem, including seasoned serial entrepreneurs, angel investors, venture capitalists, service providers, and early customers. TiE-Boston is a chapter of TiE-Global, the largest global not-for-profit organization fostering entrepreneurship. TiE-Boston members leverage the global network of members from 61 chapters in 18 countries. TiE has 12,000 members throughout the world, and has contributed over $250B in wealth creation. For more information to become a member of TiE-Boston visit boston.tie.org.