SoftBank vision fund on Friday announced that “it has appointed Facebook’s former executive Kirthiga Reddy as its partner to manage its $100 billion Vision Fund.”
According to the media reports, “Kirthiga Reddy has joined the team, and will be closely working with Senior Managing partner Deep Nishar.”
Kirthiga Reddy in its Facebook, said that “I am excited to be working closely with Deep Nishar on frontier technologies — AI, robotics, health tech, bio-engineering, semis, IoT, quantum computing, and more — that will enable the next stage of the information revolution.”
Reddy had worked for eight years at Facebook, where she spent more than six years in India were she built Facebook’s global operations center in the country and also led SMB sales for Southeast Asia and also serving as a chair of Standford Graduate School of Business.
Commenting on the joining of Kirthiga Reddy, SoftBank Vision Fund’s spokesperson said: “We are very excited to welcome Kirthiga Reddy to the SoftBank family.”
“She joins us from Facebook where she built many of their critical operations around the world, including her work in India and her focus on emerging and high-growth markets like Brazil and South Africa,” Spokesperson added.