STATEMENT: Gayatri Sarkar named heir patron of the Princess Grace Foundation

(Information sent by the signatory company).

STATEMENT: Gayatri Sarkar named heir patron of the Princess Grace Foundation

(Information sent by the signatory company)

-Gayatri Sarkar, Founder and CEO of Advaita Capital, named Crown Patron of the Princess Grace Foundation

BOSTON, March 13, 2024 /PRNewswire/ -- Advaita Capital, a growing venture capital firm specializing in deep tech and decarbonization investments, proudly announces that its founder and CEO, Gayatri Sarkar, has been appointed Principal sponsor of the prestigious Princess Grace Foundation of the USA. Overseen by His Serene Highness Prince Albert II of Monaco (son of Princess Grace), the Princess Grace Foundation -USA. is dedicated to elevating artists of extraordinary promise in theater, dance, and film through innovative grants.

This esteemed recognition highlights Sarkar's commitment to philanthropy, patronage, and his extraordinary achievements in business and finance. Gayatri Sarkar joins an esteemed group of invite-only crown patrons that includes private equity investor and billionaire John Paulson, private equity investor and Secretary of the Navy during the Reagan administration, John Francis Lehman, director of “Crazy Rich Asians ", Jon M. Chu, American socialite, philanthropist and publishing heiress Anne Hearst McInerney, billionaire Lady Tina Green, director of Taveta, majority owner of Taveta Investments Ltd, the parent company of the Arcadia Group, actor and singer Leslie Odom Jr .and some other world-known dignitaries.

Sarkar stated, "It is truly an honor to join such a successful list of patrons dedicated to fostering creativity and excellence among emerging artists. I look forward to working closely with the foundation to expand its reach and impact among deserving talents."

Sarkar brings a wealth of experience and achievements as a crown patron. His experience spans the technology and finance industries, beginning his technical career at Hewlett Packard, IBM and later Goldman Sachs and then working at the Federal Reserve Bank managing assets for US Treasury projects in the military and US Navy She is also a serial entrepreneur and previously founded two startups. She was named a Global Leader Under 40 for her gender advocacy by featuring institutional asset managers in venture capital investments through her She-VC podcast.

Advaita Capital is a growing venture capital firm, 100% POC women owned. Advaita Capital has a team of Harvard PhDs, MIT PhDs, Yale undergraduates, Wharton engineers, and former COOs of large asset management firms. Leveraging extensive industry knowledge, Advaita Capital invests between $10 million and $50 million or more, supporting extremely outlier startups and visionary entrepreneurs. Investment areas span generative AI, semiconductors, robotics, energy storage and large-scale decarbonization infrastructure. Advaita Capital's high-profile portfolio companies include Stripe, Epic Games, Cohere and Neuralink, illustrating the company's keen eye for innovation and transformative potential.

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