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Jay Sheth
Founder - Recordent; Managing Partner - Kruti Venture Partners, LLC
Jay Sheth is a seasoned global business leader with a remarkable career spanning over 20 years in leadership roles across various companies, from tech startups to large enterprises. He has a strong track record of driving high revenue growth and positive EBITDA performance. Jay's expertise includes leading businesses with operations in multiple countries including the USA, Canada, UK, France, Netherlands, Greece, UAE, and India.
In his role as the CEO of Karix, a division of Blackstone Group LP, Jay successfully steered the company from a startup to a lucrative exit transaction through its sale to Tanla Solutions. Under his leadership, Karix, a cloud-based platform for enterprises to engage with customers via mobile channels, achieved impressive growth rates in topline and EBITDA over the past decade. Additionally, Karix is the exclusive service provider for the Government of India, supporting numerous agencies in mobile-based citizen engagement.
Jay's professional journey also includes serving as the Senior Vice President of Corporate Development at Air2Web, where he spearheaded the company's expansion in India, establishing it as a market leader in enterprise mobile marketing services. His prior roles encompass executive positions at renowned companies such as General Motors OnStar, GTE Wireless, and Sprint, where he led strategic initiatives to enhance national network coverage and forge alliances with key mobile operators.
Jay is highly knowledgeable about the wireless industry and maintains active engagement with industry consultants and venture capitalists. He has a strong association with industry organizations such as the North American Mobile Marketing Association, where he served on the Board. Jay's educational background includes a Master's Degree in Management from the Georgia Institute of Technology and a Bachelor's Degree in Electrical Engineering from Tulane University. He has also studied at Imperial College, London, United Kingdom.
Furthermore, Jay has been involved with various organizations throughout his career, holding positions such as Founder at Recordent, Managing Partner at Kruti Venture Partners LLC, and Charter Member at The Indus Entrepreneur (TIE) - Atlanta. His past roles include positions at Velti, Air2Web Inc., GM OnStar, GTE Wireless, Sprint International, and GTE Telenet, where he showcased strong leadership and strategic acumen.