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MIT’s Innovators List

August 22, 2013, 3:45 PM

MIT’s Innovators List

By WSJ Staff

The MIT Technology Review, a Massachusetts-based technology publication has come out with its annual list of 35 innovators aged under 35. This year it features two men of south Asian origin. Balaji Srinivasan and Vijay Balasubramaniyan, both 33, made it to the coveted list, which celebrates young entrepreneurs and inventors, who have done exceptional work in the field of technology globally. People of south Asian origin and Indian-Americans have regularly featured on  MIT’s innovators list. This year, however their number has gone down. In 2012, five innovators on the list were of south Asian origin. The winners are selected by a panel of judges evaluate the candidates based on current trends in technology and the diversity of innovation. The list is divided into five sections: inventors, entrepreneurs, visionaries, humanitarians and pioneers. MIT selected Mr. Srinivasan as one of the top entrepreneurs. He is the founder of Counsyl Inc., a Silicon Valley startup that conducts low-cost, genetic tests on prospective parents that can identify if they are carrying genes capable of causing hereditary diseases in their children. Counsyl also won bronze in the The Wall Street Journal’s Innovation Awards in 2010. Mr. Srinivasan founded Counsyl in 2007 with his brother Ramji Srinivasan. Before that, he taught data mining, statistics, and computational biology in the department of statistics at Stanford University in California. The Srinivasan brothers’ father, however, didn’t want them to get into medicine and was keen for them to study computer science instead, notes the MIT Technology review. A Stanford alum, Mr. Srinivasan holds graduate, post-graduate and doctoral degrees in electrical engineering. He also holds a Master’s degree in chemical engineering from Stanford. The other south Asian on the list, Vijay Balasubramaniyan is the co-founder of Pindrop Security. an Atlanta based company that tracks fraudulent phone calls. The list recognizes him as one of the top inventors. Mr. Balasubramaniyan completed his undergraduate studies in engineering from R. V. College of Engineering in the southern Indian city of Bangalore and doctoral studies from Georgia Institute of Technology in the U.S. Prior to Pindrop, he worked at some of the top technology firms such as Google Inc.GOOG +0.45%, Intel Corp. and IBM Research. He is also a regular speaker at technology conferences on the subject of phone fraud. In the past the MIT list has included Google founders Sergey Brin and Larry Page,Mark Zuckerberg of Facebook Inc.FB -0.23%, Spotify’s founder Daniel Ek and AppleIncAAPL +0.26%’s Jonathan Ive.Introduction

For our 13th annual celebration of people who are driving the next generation of technological breakthroughs, we’re presenting the stories in a new way. We’ve grouped them by categories that reflect the variety of approaches that people can take to solving big problems. The Inventors, for instance, are creating new technologies. The Entrepreneurs are turning technologies into viable businesses. The Visionaries are anticipating how technologies can make life better, whileHumanitarians are concentrating on expanding opportunities. And the Pioneersare exploring new frontiers, setting the stage for future innovations.

This project takes months of effort. It begins with nominations from the public and MIT Technology Review editors. People who have been selected by our publishing partners as local Innovators Under 35 in several regions worldwide are also considered. The editors go through the hundreds of candidates and select fewer than 100 finalists, all of whom will be younger than 35 on October 1. A panel of judges rates the finalists on the originality and impact of their work. Finally, the editors take the judges’ scores into account to select the group.

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About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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