Connect with us

Latest News

Anand Chandrasekaran Joins Celesta Capital as Managing Partner!

Published

on

Anand Chandrasekaran Joins Celesta Capital as Managing Partner!

Celesta Capital, a leading deep tech investment firm, has announced the appointment of Anand Chandrasekaran as a Managing Partner. With a distinguished career spanning over two decades, Chandrasekaran brings a wealth of experience in technology, entrepreneurship, and investment that will enhance Celesta’s strategic direction.

Career Highlights

Prior to joining Celesta, Chandrasekaran served as a Partner at General Catalyst, where he played a pivotal role in identifying and scaling transformative startups. His tenure at General Catalyst was marked by significant contributions to early-stage investments, particularly in the Indian and American markets. He has also held leadership positions at prominent companies such as Meta, Five9, Bharti Airtel, and Snapdeal.

  • Meta: As Director of the Messenger Platform, he was instrumental in developing features that enhanced user engagement.
  • Five9: As Executive Vice President of Products, he contributed to the company’s growth, which added $10 billion in market value since 2019.
  • Bharti Airtel: As Chief Product Officer, he helped shape the mobile operator’s product strategy for its 300 million subscribers.
  • Snapdeal: He served as Chief Product Officer at one of India’s leading e-commerce platforms.

Chandrasekaran is also known for his entrepreneurial spirit; he co-founded Aeroprise Inc., which was acquired by BMC Software. His extensive experience includes building five products that collectively grew to over 10 million users, with one product surpassing 1 billion users.

Vision for Celesta Capital

“I’m thrilled to join the talented team at Celesta Capital,” said Chandrasekaran. “Their passion for backing deep tech innovation aligns perfectly with my own. I look forward to contributing to the firm’s mission and fostering the growth of groundbreaking startups.” His addition to Celesta Capital’s team further strengthens the firm’s position as a leading investor in deep tech.

Impact on Celesta Capital

Chandrasekaran’s extensive network and insights into the tech landscape will be invaluable in identifying and nurturing promising startups. His background in both product development and venture capital positions him uniquely to bridge the gap between innovative ideas and market realities.

Founded in 2013, Celesta Capital has a strong track record of investing in early-stage deep tech companies across various sectors, including hardware, semiconductors, and artificial intelligence (AI). The firm aims to accelerate its growth and expand its investment portfolio under Chandrasekaran’s leadership.

Educational Background

Anand holds an M.S. in Electrical Engineering from Stanford University and a B.S. in Communications Engineering from PSG College of Technology in India. His accomplishments have been recognized globally; he was named a Young Global Leader by the World Economic Forum in 2010 and featured in Fortune’s ‘40 under 40’ list in 2017.

Conclusion

Anand Chandrasekaran’s appointment as Managing Partner at Celesta Capital marks a significant milestone for both him and the firm. With his wealth of experience and commitment to fostering innovation, he is poised to play a crucial role in shaping the future of deep tech investments. As Celesta Capital continues to support transformative startups, Chandrasekaran’s leadership is expected to drive impactful changes within the industry.

Continue Reading
Advertisement
3 Comments

3 Comments

  1. droversointeru

    December 30, 2024 at 7:24 am

    I haven’t checked in here for some time because I thought it was getting boring, but the last several posts are good quality so I guess I’ll add you back to my daily bloglist. You deserve it my friend 🙂

  2. Ubhgiram

    May 27, 2025 at 2:10 am

    Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplaycasino.

  3. crear una cuenta en Binance

    June 1, 2025 at 6:54 am

    I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

IIT Hyderabad Unveils Palyanka, Heavy-Lift Drone for Air Ambulance Use

Published

on

Hyderabad - Drone

The Technology Innovation Hub on Autonomous Navigation Foundation (TiHAN) at IIT Hyderabad has set a new standard in drone technology with the launch of Palyanka, a heavy payload drone designed as an autonomous air ambulance. Capable of carrying up to 200 kg, Palyanka is engineered to swiftly transport patients, medical equipment, or critical cargo across challenging terrains, bypassing traditional barriers like road congestion and remote inaccessibility. This advanced UAV operates autonomously, making it highly effective for rapid response in both urban and rural emergencies, and stands at the forefront of disaster relief operations in scenarios such as floods and fires.

Built for versatility, Palyanka doesn’t just function as an air ambulance. Its robust design enables use in rescue missions, cargo deliveries, and even as an air taxi for metropolitan connectivity. Inspired by the Sanskrit word for palanquin, the name “Palyanka” reflects the drone’s role as a safe and efficient carrier. All components, from conceptual design to IP, have been developed in-house at IIT Hyderabad, ensuring the drone meets stringent standards for durability and performance under extreme conditions.

With a development journey spanning over five years and led by Prof. P. Rajalakshmi, TiHAN’s team has transitioned from early drone prototypes to a full-scale, high-capacity solution like Palyanka. The team is now preparing pilot projects in hilly terrains and working on further enhancing the drone’s endurance with innovative heat-resistant materials. By pioneering such indigenous solutions, IIT Hyderabad’s TiHAN is transforming emergency medical services and logistics, marking a pivotal advancement in India’s urban mobility and public safety landscape.

Continue Reading

Latest News

X’s Major Price Cut in India: Premium Plans Now More Accessible Than Ever

Published

on

StartupStories

X, the social media platform formerly known as Twitter, has announced a major reduction in its subscription prices across India, slashing fees by up to 48%. The Basic plan now starts at ₹170 per month, down 30% from its earlier price, while the Premium plan has dropped 34% to ₹427 per month on the web. The Premium+ plan has also become more affordable, now costing ₹2,570 per month—a 26% reduction. For mobile users, the discounts are even steeper, with Premium priced at ₹470 per month and Premium+ at ₹3,000 per month, reflecting the impact of app store commissions.

This marks the first comprehensive price adjustment across all three tiers—Basic, Premium, and Premium+—since the service launched as Twitter Blue in India in February 2023. The move comes shortly after Elon Musk’s AI venture, xAI, rolled out the new Grok 4 model and follows xAI’s acquisition of X earlier this year. The price cuts are seen as a strategic effort to boost adoption in India, one of the world’s largest internet markets, by making premium features more accessible to a wider audience.

Each subscription tier offers a range of features: Basic users can edit and write longer posts, enjoy background video playback, and download videos. Premium subscribers get additional perks like a blue checkmark, creator tools, analytics, and fewer ads, while Premium+ members benefit from an ad-free experience, article publishing, and exclusive access to advanced AI features. These changes are expected to make X’s premium services more appealing to Indian users looking for enhanced social media experiences.

 

Continue Reading

Latest News

Leadership Shakeup at X: Linda Yaccarino Resigns After Two Years at the Helm

Published

on

Linda - Startup Stories

Linda Yaccarino, the CEO of X (formerly Twitter), announced her resignation on July 9, 2025, bringing her two-year leadership of Elon Musk’s social media platform to a close. Yaccarino, who previously led NBCUniversal’s advertising division, was appointed in 2023 to help stabilize X’s advertising business and guide the company through its ambitious transformation into an “everything app.” In her farewell message, she expressed gratitude to Musk for entrusting her with the mission of revitalizing the company, protecting free speech, and prioritizing user safety, though she did not specify a reason for her departure.


Her exit comes at a turbulent moment for X, following the recent controversy involving Grok, the AI chatbot developed by Musk’s xAI, which posted antisemitic content referencing Adolf Hitler. This incident intensified scrutiny of X’s content moderation policies and added to the challenges Yaccarino faced, including restoring advertiser trust after a period of strained relations with major brands. Some analysts have suggested that differences in management style between Yaccarino and Musk, as well as the evolving structure of X after its integration with xAI, may have contributed to her decision to step down.

Elon Musk publicly thanked Yaccarino for her contributions, while her departure leaves a leadership gap as X navigates ongoing business, regulatory, and reputational challenges. The company’s next steps will be closely watched as it seeks to maintain its influence in the social media landscape and fulfill Musk’s vision of a multifaceted digital platform.

Continue Reading
Advertisement

Recent Posts

Advertisement