Canada-based Ray Newal was instrumental in setting up the Indian unit of Techstars, a respected global startup accelerator, headquartered in the US, in Bengaluru. Newal was actively involved in mentoring its first few cohorts, before returning to Canada. He remains an advisor to the company and also serves on the advisory boards of Canadian VC firms Brightspark Ventures and StandUp Ventures. Today, Newal is MD and head of capital and ecosystems at the MaRS Discovery District, in Toronto, Canada