Career
In 1995, Prashanth Prakash founded Visual Reality, one of India’s first animation companies. In 1997 he founded NetKraft, an offshore solutions company focusing on retail and healthcare verticals. [9]
Since 2004, he has played a key role as a Venture Capitalist in nurturing Karnataka and India's start-up landscape. [8] [10]
In 2008, Prashanth Prakash along with Subrata Mitra and Mahendran Balachandran founded the Indian arm of the US venture capital firm Accel. [11] [12]
In 2021, he was appointed as an advisor to the 13th Chief Minister of Karnataka Sri B. S. Yediyurappa. [13] [14]
As a partner at Accel, Prashanth Prakash has played a vital role in shaping up renowned Indian startups such as Flipkart, Ola, Freshworks, Bookmyshow, Swiggy & Bounce amongst many others. [15] [16] [17]
He was one of the jury members of Economic Times Startup Awards. [18] [19]
In October 2024, Prashanth Prakash became the joint owner of the Bengaluru franchise team in the second season of the Global e-Cricket Premier League (GEPL). [20]
Philanthropy
Prashanth Prakash is the chairman of United Way of Bengaluru, Sikshana and UnboxingBLR Foundation. Under these organizations he curates, facilitates, and promotes activities for communities and schools. [21] [22] [23]
Prashanth has helped Sikshana in expanding their work from 10 to 100 schools. [24] [25] He has also collaborated with government schools and anganwadis emphasizing education for girls. His work has influenced 50,000 schools and 3 million people in India. [26]
In 2021, Prashanth Prakash, in collaboration with several venture capitalists, established a 100-crore COVID fund [27] and created ACT Grants to encourage start-ups focused on developing products and services to tackle Pandemic related concerns. [28]
In August 2022, Prashanth Prakash partnered with The Indian Institute of Science to set up a geriatrics wing as part of IISc's upcoming Bagchi-Parthasarathy Hospital. [29] [30] He is also the Founding Patron of the Longevity India initiative in IISc. [31]
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