Tuesday, December 4, 2007

New VC Funds - India

Mint 5 Dec 2007 Page 15

Inventus Capital Partners

The firm has just wrapped up its first fund raier $125 million (Rs.492.5 crore).
MD Kanwal Rekhi
Teh firm will invest in technology start-ups that straddle India and US, with HQ and operations in either market.

Four member investment team: Rekhi and John Dougery in Menlo Park California and Samir Kumar and Saurabh Srivastavam in India.

Deal sizes will range from $1 to 3 million and may go up to 8 m.

Its tilt will be towards angel inesting.

No comments: