Akshay Naheta was born on 23 July 1981 and is an Indian-born British business executive.
12 Facts About Akshay Naheta
2.
Akshay Naheta was previously Senior Vice President, Investments at SoftBank Group where he was involved in several high-profile investments for the Vision Fund, including Auto1 and chipmaker Nvidia.
3.
Akshay Naheta was born in Mumbai in 1981 to an Indian family of jewelers.
4.
Akshay Naheta earned a Bachelor of Science in electrical engineering with highest honors from the University of Illinois at Urbana-Champaign in 2003.
5.
Akshay Naheta dropped out of pursuing a PhD at MIT to begin a career in finance.
6.
In 2017, Akshay Naheta joined SoftBank Investment Advisors, an investment manager overseeing the world's largest technology-focused fund, the Vision Fund, where he was responsible for acquisitions and public equity investments.
7.
At the fund, Akshay Naheta spearheaded SoftBank's acquisition of a $3.6 billion stake in Silicon Valley-based graphics chipmaker Nvidia in 2017.
8.
In December 2021, Bloomberg reported that Akshay Naheta was in talks to leave SoftBank Group, possibly taking "an advisory role at the firm to focus on his own long-only fund".
9.
The paper reported that while Akshay Naheta was managing SB Northstar, SoftBank's CEO Masayoshi Son was said to have been the "driving force" behind these investments.
10.
Akshay Naheta spearheaded the group's acquisition of a 40 percent stake, acquired in Vision Fund II for $2.8 billion, in private Norwegian warehouse automation company AutoStore in April 2021.
11.
Akshay Naheta is the cofounder of ICE-backed digital asset exchange Bakkt Holdings and previously served as its Director.
12.
Akshay Naheta was member of the board of directors of Arm Limited and Bakkt Holdings.