Nitin Khanna was born on March 18, 1971, in Chandigarh, India. In India, he grew up around his entrepreneurial. He went to the Lawrence School, Sanawar, a boarding school, for his early education. At 17, he moved to West Lafayette, Indiana and received his bachelor’s and master’s degrees in Industrial Engineering at Purdue University. After graduation, he started working as a manufacturing engineer at International Paper. In 1994, he moved on to Oracle, where he was a senior consultant until 1998.
Nitin Khanna is a Portland-based entrepreneur that co-founded Saber Corp. with his younger brother in 1998. Over the next ten years, they grew it. Saber Corp. was the largest standalone provider of solutions to the United States government. The Bush vs Gore election in 2000, caused Congress to pass the Help America Vote Act in 2002, which made all states modernize their voting with electronic software by 2006. Oregon was the first state to make the switch. After Saber Corp. won the contract, 21 states ended up using their software to manage the voting process. The company made $300 million a year and had over 1,500 employees.
In 2008, Nitin Khanna sold Saber Corp. to EDS for four times the revenue. He took over as leader of the government business. While he was working at EDS, he handled eight mergers and acquisition transactions. He began to notice that people at Saber and EDS kept asking him asking when to sell their companies. He grew fond of Portland and helped their businesses succeed best he could. After investing in 40 to 50 businesses, the idea for MergerTech was born.
Nitin Khanna founded MergerTech in 2009 and was its chairman and CEO. He was the acting lead strategist and negotiation advisor. He also leads company client development. MergerTech is a merger and acquisition advisory company that uses its global relationships and quality team of experts to provide tech consulting services. Technology entrepreneurs can maximize their business by partnering with the perfect financial and strategic expert.
The legal Cannabis industry appeared overnight in 2012. Nitin Khanna was one of the early investors in that industry. By 2015, he was the CEO of Cura Cannabis Solutions. They are now the largest legal cannabis company globally. In 2018, he stepped down as the company’s CEO, but he still invests in the cannabis industry and thinks the company will continue to grow.
In the little free time that Nitin Khanna has, he spends time with his kids. He also loves music and attends festivals. He has been a producer on two award-winning documentaries. In 2013, Terms and Conditions Apply came out. In 2017, What Lies Upstream came out. TiE Oregon, Classic Wines Auction, Freewire Broadband and Vendscreen are the boards he sits on. To go along with his music hobby, he is a DJ. He has two key points for young entrepreneurs. The first is, know thyself and be critical of your abilities. The second is, hire and fire well and remember that termination means a bad fit, not a bad person.