Aayush Phumbhra
Location: USA
Aayush Phumbhra is the co-founder of Nectar and serves as its CEO. Previously, he was co-founder and vice president of Chegg.com. He has contributed to Chegg.com’s growth by expanding the service to more and more campuses and leading the development of strategic business relationships.
NUMBER
#590Xs
102Investments
33Exits
18| Number of Portfolio Companies 1 | ||
| Location USA |
Serial Entrepreneur & Strategic Investor
Aayush Phumbhra is the co-founder of Nectar and serves as its CEO. Previously, he was co-founder and vice president of Chegg.com. He has contributed to Chegg.com’s growth by expanding the service to more and more campuses and leading the development of strategic business relationships. Before founding Chegg.com, he was an analyst at Wells Fargo Home Mortgage and a management and technology consultant at BearingPoint. Before moving to the U.S. in 2001, he founded two companies in his native India, one of which focused on web and graphic design. He holds an MBA in marketing and accounting from Iowa State University. He is also an angel investor.
Professional Profile
Accomplished technology entrepreneur and investor with a diverse background in building and scaling innovative companies. Co-founder of Chegg.com (NYSE: CHGG) and Nectar, with extensive experience in electronic equipment, strategic business development, and venture investments.
Professional Experience
UnicornDust
Investor / Advisor | April 2010 – Present
– Active technology investor with a diverse and strategic investment portfolio
– Key investments spanning seed, Series A to D stages across multiple industries
Nectar
Co-Founder & CEO | March 2014 – April 2022
– Led strategic development in electronic equipment and instruments
– Drove innovative business solutions and company growth
Chegg.com
Co-Founder & Vice President | January 2003 – May 2013
– Pioneered an edtech platform that successfully went public (NYSE: CHGG)
– Expanded service across college campuses
– Developed strategic business relationships https://www.chegg.com/
Additional Early Career Experiences
Wells Fargo Home Mortgage
Analyst | Prior to 2003
– Gained financial analysis and business insights https://www.wellsfargo.com/mortgage/
BearingPoint
Management & Technology Consultant | February 2005 – April 2006
– Developed strategic consulting and business analysis skills
https://www.bearingpoint.com/en/
Entrepreneurial Ventures (India)
Founder | Pre-2001
– Launched two companies, including a web and graphic design business
Notable Investments:
Magma (Ahmedabad) 01-Nov-2023 (Business/Productivity SoftwareGenerating Revenue)
Do 10-Mar-2015 (Application SoftwareGenerating Revenue)
Farm Hil l21-Jan-2015 (Food ProductsGenerating Revenue)
Docphin14-May-2014 (Other Healthcare ServicesStartup)
GoSpot Check06-May-2014 (Business/Productivity SoftwareGenerating Revenue)
Boomtrain10-Mar-2014 (Business/Productivity SoftwareGenerating Revenue)
Apartment List 05-Feb-2014 (Real Estate Services (B2C)Profitable)
Love Grown 10-Jan-2014 (Food ProductsOut of Business)
Colingo 20-Nov-2013 (Educational and Training Services (B2C)Out of Business)
Swipe Labs 01-Nov-2013 (Social/Platform SoftwareGenerating Revenu)
Education
Iowa State University – Ivy College of Business
– Master of Business Administration (M.B.A.)
– Concentration: Marketing & Accounting
– Graduated: 2004
https://www.ivybusiness.iastate.edu/
Professional Highlights
– Serial entrepreneur with successful startup exits
– Extensive venture capital and investment experience
– Strategic advisor to emerging technology companies
– Investor status: Actively Seeking New Investments
– Corporate Office: Palo Alto, CA, United States
Professional Network
– 2,435 professional followers
– Active in technology and startup ecosystems
No data.
No data.