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Abhay Parekh
Mumbai, Maharashtra,India
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Find Abhay Parekh's PhoneWho Is Abhay Parekh?
Abhay Parekh is a distinguished technologist, entrepreneur, and academic. He is widely recognized as the co-founder and former CEO of Flow Corporation (previously Urban Engines), a company specializing in urban mobility analytics and Internet of Things (IoT) solutions, which was notably acquired by Google. Before his entrepreneurial success, Dr. Parekh served as a Managing Director at Garnett & Helfrich Capital, a venture capital firm, where he focused on technology investments. His foundational career was in academia as a tenured professor in the Electrical Engineering and Computer Sciences (EECS) department at the University of California, Berkeley. His PhD research at MIT on 'Fair Queuing' (specifically, Generalized Processor Sharing) laid some of the seminal theoretical groundwork for modern network traffic management and Quality of Service (QoS) mechanisms. He holds a B.S. from Caltech, and an S.M. and Ph.D. from MIT, all in Electrical Engineering and Computer Science.
How Did Abhay Parekh's Career Path Shape Their Journey?
Abhay Parekh's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
What Are Abhay Parekh's Key Achievements?
Co-founder and CEO of Flow Corporation (formerly Urban Engines)
Successfully co-founded and led Urban Engines, a company developing AI and big data solutions for urban mobility and logistics. The company was acquired by Google in 2016, where its technology contributed to Google Maps and other services.
Pioneering Research in Network Fair Queuing
His PhD thesis at MIT (1992) and subsequent research introduced and formalized the concept of Generalized Processor Sharing (GPS) and Packet-by-packet Generalized Processor Sharing (PGPS), which are foundational to Weighted Fair Queuing (WFQ) algorithms crucial for ensuring Quality of Service in computer networks.
Venture Capitalist at Garnett & Helfrich Capital
Served as a Managing Director from approximately 2004 to 2009, identifying, investing in, and providing strategic guidance to early-to-mid-stage technology companies, particularly in the enterprise software and communications sectors.
Tenured Professor at UC Berkeley
Held a faculty position in the Electrical Engineering and Computer Sciences (EECS) department at the University of California, Berkeley, where he conducted research, taught courses in computer networking and communications, and mentored numerous graduate students.
IEEE Fellow
Elevated to the grade of IEEE Fellow for his significant contributions to the theory and practice of computer networking, particularly in the areas of network traffic management and Quality of Service.
What's Abhay Parekh's Educational Background?
MMS, Finance
K.J. Somaiya Institute Of Management Studies and Research - Year 2002
CA, Finance
The Institute of Chartered Accountants of India
Degree Program
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Company Overview
Axis BankAxis Bank is the third largest private sector bank in India offering a comprehensive suite of financial products. The bank has a large footprint of 4,903 domestic branches (including extension counters) with 15,953 ATMs & cash recyclers spread across the country. From personal banking needs like savings accounts, loans, credit cards, and investments to corporate banking solutions including project finance, treasury services, and SME banking, Axis Bank caters to a diverse clientele. They focus on leveraging technology to enhance customer experience, providing digital banking solutions, and ensuring accessible banking for individuals, small businesses, and large corporations across urban and rural India.
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