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Parth Garg
Founder & CEO @ Vance (YC W22) | Stanford University
Parth Garg is the Founder and CEO of Vance Inc (YC W22), a fintech startup focused on seamless cross-border banking.12 Here are some key details about Parth Garg:
Background and Education
Parth attended Stanford University, where he studied Physics. However, he decided to drop out to focus on building Vance.2 Prior to Stanford, he completed his high school education at Bright Riders School with an impressive 3.99/4.00 GPA.2
Professional Experience
Vance Inc (YC W22): Parth founded Vance in January 2022 and currently serves as its CEO.2 The company is based in Bengaluru, India, and has approximately 49 employees with an estimated revenue of $4.1 million.1
Previous Roles: Before founding Vance, Parth's experience includes:
- Investment Professional at Shorooq Partners (June-July 2021)
- Founder and CEO of Grocamie (August 2020 - March 2021)
- Undergraduate Research Assistant at Stanford University (June-September 2020)
- Assistant Producer at Ram's Head Theatrical Society (November 2019 - September 2020)
- Founder and President of Club Rise Abu Dhabi (July 2017 - August 2019)2
Achievements and Skills
- Participated in Y Combinator in 20222
- Represented the UAE in the Asian Physics Olympiad (2018)
- Won silver and bronze medals in National Physics and Mathematics Olympiads respectively2
- Proficient in Arabic, English, and Hindi2
Funding
Vance raised a seed round of $5.8 million on October 3, 2022.3
Parth Garg's entrepreneurial journey with Vance demonstrates his commitment to innovation in the fintech space, leveraging his technical background and startup experience to address challenges in cross-border banking.
Highlights
Sometimes what seems obvious isn’t always so.
That's a lesson we've learnt over the last year of building features for the NRIs. Many of whom didn't realize that operating a regular savings account in India isn't permissible once you become an NRI. You need to switch to an NRE/NRO account to avoid penalties under FEMA—and that's just the tip of the iceberg.
Managing financial obligations from abroad is no easy feat, and until now, there has been no comprehensive resource for NRIs to check their compliance with Indian financial laws.
That's why we created the NRI Compliance and Risk Check Tool. This tool assesses whether you’re compliant with Indian financial regulations and offers advice on how to rectify any issues, covering everything from bank accounts to investments and taxes.
I’d love for you to check out the tool here: https://bit.ly/44j9LPB and tell me about your experience.
Do share it with your NRI friends and family so that they can make the most of this tool as well.
In the latest episode of "The Global Indians" podcast, I had the honour of hosting Atul Kochhar, a celebrated international chef, and the first Indian to earn a Michelin star.
Our journey with Atul took us from his humble beginnings in Jamshedpur to revolutionising Indian cuisine globally. This episode is a must-listen because we cover:
- Atul's philosophy and creativity behind marrying traditional Indian flavors with global palates
- The state of the culinary industry post-COVID in the UK and worldwide
- The captivating tale of how he achieved not just one but two Michelin stars over the years
Atul's story is a testament to the fact that with perseverance, it is possible to make a significant impact on the global stage while staying rooted in one's cultural heritage. Check out this podcast that serves up a delicious mix of cultural pride and continuous learning, especially for the Indian diaspora worldwide.
P.S. This chat is extra special because, as a foodie myself, I found out - Atul and I share the same favourite dish. Tune in to find out what it is!
The podcast episode link is pinned in the comments.
