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NRIOL.COM - Snippets


May 8, 2001

Fortune list NRI among 25 stars who will shape future

Delhi born, US based Navin Chaddha is one among 25 stars who will shape the world in the coming decades according to the latest issue of Fortune magazine.

Chaddha, 30 who grew up in Delhi and came to the US in 1992 has already much to his credit. He was completing his MS in electrical engineering from Stanford University when the Internet revolution came along. Suddenly he realised that his expertise in moving video over networks had tremendous practical use. In 1995, he started VXtreme a company which created a host of streaming technologies, and 19 months later he sold the firm to Microsoft for $75 million.

Since then he has started 2 more companies while still working for Microsoft. The first is streaming-media firm iBeam which went public in 2000. The other is Rivio, the company which crafts Web-based payroll, accounting, HR, and other software for small businesses.

NRIOL wishes Navin all success in his ventures!

- nriol.com report

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