Prags Mugunthan
About Prags Mugunthan
Prags Mugunthan is the Founder and Co-CEO of Pangea.ai, where he has established a diverse team and facilitated significant business transactions. He is also an angel investor in early-stage companies across various sectors.
Work at Pangea.ai
Prags Mugunthan serves as the Founder and Co-CEO of Pangea.ai, a role he has held since 2021 in Dubai, United Arab Emirates. Under his leadership, Pangea.ai has facilitated over $250 million in business transactions. The platform connects over 1500 companies with suitable talent from a network of over 120 development agencies, showcasing his commitment to enhancing the recruitment process. Mugunthan has also built an organizational due diligence framework to effectively source and filter top development agencies, ensuring quality and reliability in talent acquisition.
Diversity and Team Building
At Pangea.ai, Mugunthan has prioritized diversity in hiring, successfully assembling a team that includes 16 nationalities and comprises 70% women. This focus on diversity reflects his belief in the importance of varied perspectives in fostering innovation and creativity within the organization. The inclusive environment he promotes is integral to Pangea.ai's mission to democratize opportunity and support a globally distributed future of work.
Education and Expertise
Mugunthan completed his high school education at Oslo Handelsgymnasium, where he studied Maths, Economics, and Accounting from 2005 to 2008. He furthered his education at the University of St Andrews, earning a Master of Arts (Honours) in Applied Economics from 2009 to 2013. His academic background provides a strong foundation for his work in business and economics, particularly in his roles as an angel investor and entrepreneur.
Professional Background
Prior to founding Pangea.ai, Mugunthan gained diverse experience in various roles. He worked as a Summer Intern at Pinovo and Gjensidige in 2010, and later as a Summer Intern at DNB in 2012. He served as a Consultant at DNB from 2013 to 2014. From 2015 to 2020, he was the Founder and Head of Growth at Digital Knights in Berlin, Germany. This range of experiences has equipped him with valuable insights into different sectors and operational strategies.
Investment Activities
As an angel investor, Mugunthan has invested in early-stage companies across multiple sectors, including AI, Web3, and e-commerce. His investment activities span several countries, including the US, Kenya, Norway, and Germany. This involvement in diverse markets highlights his commitment to fostering innovation and supporting emerging businesses in various industries.