Mahadhavan Rangaswami, a software executive, investor, and philanthropist ,has been honoured in the US with the inaugural ‘Asians in America’ Award, in recognition of his efforts to strengthen Indo-US ties. Chinese origin philanthropist and shipping magnate Dr James SC Chao was also honoured by the US China Education Trust for efforts to boost the trilateral relationship between the US,China and India.
Founder of Indiaspora, Rangaswami had in 2013 organised the first Indian-American presidential ball before the second swearing in of President Barack Obama. He and his team have now started preparations for the second Indian-American ball for the next president, that is planned for January 18, 2017.
In 1997 he co-founded the Sand Hill Group based in Silicon Valley. Sand Hill was one of the earliest software ‘angel investing’ firms. Because of his success there, Forbes magazine recognised him on its ‘Midas’ list of investors.
In 2007 he established Corporate Eco-Forum, an invitation only membership organisation for Global 500 companies that show serious commitment to the environment as a business strategy.
Accepting his latest Award Rangaswami said ‘giving back to society is what he enjoys most.’