Priyank Shanker Garg
Managing Partner – IAN Alpha Fund
Priyank Garg is Managing Partner, IAN Alpha Fund, the 2nd fund from the house of India’s first and leading angel group, Indian Angel Network. Priyank Garg has experience of over 26 years in Leading Companies and Teams in Manufacturing, Technology and Consulting. He is a Serial Entrepreneur and a seasoned Angel Investor of over 16 years; ranked among the Top 50 in India by Fortune in 2022. He is a top-of-the-class alumnus from IIT Delhi in B.Tech in Computer Science and did his Masters in Computer Science from Stanford University. Priyank has been
granted more than 9 patents over his professional career in various fields and geographies.
Priyank Shanker Garg served for 14 years as Jt. Managing Director at Advance Valves, a premier global supplier of Industrial Valves, from India where he: developed globally patented products, revitalized the brand, implemented lean manufacturing, led digital transformation, built global talent teams particularly in the US, grew revenue with improved profits and ROIC.
Priyank has taken Advance Valves to the Far East, Europe as well as the US, with new patented products, and providing thought leadership and innovation. He also built a Solar rooftop business with 7MW+ over the last 6 years and deeply understood the Solar PV value chain and its financial viability.
Priyank is a prolific angel investor since 2007, and has invested in more than 65 companies including Myntra, Druvaa, Uniphore, FabAlley, Farmart, Mobilewalla, ThinkerBell Labs, Mobycy, Druva Space among others. Priyank continues to mentor various startups in advisory as well as board capacities with specific focus on Cleantech and SaaS. He has been on various entrepreneurship juries such as the NASSCOM Emerge, India Innovation Initiative 2016,
Samsung Innovation, Times of India Big Challenge jury etc.
Priyank was the Co-Founder and Chief Product Officer of IOTomation, a Building IoT company, offering Building Operations via a SaaS solution achieving 25%+ energy savings for their clients. Earlier, he was the Director of Product Management at Yahoo!, defining the roadmap for the search engine that powered Yahoo! Search. He has led industry efforts to develop Open standards such as Sitemaps which was a collaboration he headed between, Yahoo!
Search, Google and Microsoft. He sharpened his technical teeth at a virtualization startup, Ensim Corporation, which developed Kubernetes and Docker like solutions for their application. He started his career as a consultant with Deloitte Consulting in Chicago.
He is Chair for ACREX Hall of Fame which inducts the most energy efficient buildings of the country. He has been past President of ASHRAE (American Society of Heating Refrigeration and Air-conditioning Engineers) India Chapter and to advance Sustainability in the Building Industry. He is currently the President of Delhi Chapter of ISHRAE (Indian Society of Heating Refrigeration and Air-conditioning Engineers). He is a TiE Charter Member and also
supports Million Sparks Foundation and his Alma Mater, IIT Delhi.
Priyank is passionate about efforts around Sustainability and positively impacting the Environment. He has invested in more than a dozen and a half ventures exploring Water Treatment and recovery, Food and Agricultural efficiency and waste reduction, Solar Power plant operations and Deployment, EV and Battery design and Swapping, Meat Alternates, Alternative Farming, Biogas and waste management with ventures in both India and the US. As part of his responsibilities with ASHRAE and the building industry, he has hosted conferences in partnership with DMRC and BEE on Energy Efficiency, and Decarbonization, and works to spread the awareness and knowledge related to best practices among the building industry professionals, who deal with 38% of the energy consumption in the world.
He also evangelizes for Decarbonization in Engineering and Architecture colleges and schools in the NCR region