Updated On: 16 January, 2024 02:57 PM IST | Sanjana Deshpande
Indian-American entrepreneur Vivek Ramaswamy decides to suspend his 2024 presidential campaign following a disappointing showing in the Iowa Caucus, acknowledging the lack of a viable path to the presidency. Pics/ AFP & Facebook

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Ramaswamy announces his endorsement of former President Donald Trump, who emerged victorious in the Iowa Caucus, solidifying his position as a frontrunner for the Republican nomination in the upcoming November presidential elections.
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Speaking to his supporters in Iowa, Ramaswamy acknowledges the campaign`s inability to achieve the anticipated surprise and declares the suspension, emphasizing the absence of a viable path for him to become the next president.

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The Iowa Caucus, marking the official start of the 2024 White House race, sees Trump securing a significant win, with Florida Governor Ron DeSantis in second place and Indian-American Nikki Haley coming in third.
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Vivek Ramaswamy lands as a distant fourth in the Iowa Caucus, obtaining 7.7 per cent of the votes polled, prompting the decision to suspend his presidential bid.

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Ramaswamy reveals that he called Donald Trump to congratulate him on his Iowa Caucus victory and expresses his full endorsement for Trump`s presidential candidacy going forward.
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Ramaswamy highlights the presence of two "America First" candidates in the race, aligning himself with Trump`s agenda and endorsing him as the candidate with his full support.

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The campaign moves to New Hampshire, where the primary is scheduled for January 23. Ramaswamy is set to campaign alongside Trump in this state following the endorsement.
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A second-generation Indian American, Ramaswamy founded Roivant Sciences in 2014, led significant biotech IPOs, and later launched Strive Asset Management in 2022, aiming to empower everyday citizens in the American economy.