Praveen Varshney

Overview

Praveen Varshney is a principal and director of Varshney Capital Corp., a Vancouver-based family office specializing in venture capital, private equity, and corporate advisory services. With over three decades of experience, he has been instrumental in the growth and development of numerous companies across various industries. His investment approach emphasizes both financial returns and social impact, aligning with his commitment to responsible investing. Throughout his career, Mr. Varshney has co-founded and served in leadership roles for several notable companies. He was a co-founder and director of Mogo Finance Technology Inc., one of Canada's largest fintech companies, and served as its Chief Financial Officer until 2010. He also co-founded NEXE Innovations Inc., a company specializing in sustainable packaging solutions, and Little Kitchen Academy, an innovative culinary education platform. Additionally, he was the Chief Financial Officer of Carmanah Technologies, which became Canada's largest solar technology company during his tenure. Mr. Varshney's philanthropic efforts are extensive. He is a founding director of Pyfera Growth Capital, a social impact fund, and the Humanitas Smart Planet Fund, both focused on sustainable and socially responsible investments. He has served on various non-profit boards, including the Vancouver Foundation, the Dalai Lama Center for Peace + Education, and the Varshney Family Foundation. His contributions have been recognized with awards such as Business in Vancouver's 40 Under 40 and the Greater Vancouver Board of Trade's Outstanding Mentor award in 2020. Mr. Varshney holds a Bachelor of Commerce degree from the University of British Columbia and is a Fellow of the Chartered Professional Accountants of British Columbia. His diverse portfolio and commitment to impactful investing underscore his significant role in Canada's investment landscape.

Investment Focus

• Strong management team
• Scalable business model
• Clear path to profitability
• Alignment with social impact objectives
• Innovative products or services
• Competitive market positioning
• Sustainable competitive advantage
• Demonstrated market demand
• Ability to execute business plan
• Potential for significant growth

Portfolio Companies