Kanwal Rekhi to raise $150-175 M India-specific fund

By agencies   |   Wednesday, 15 February 2006, 08:00 Hrs
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NEW DELHI: One of the most successful Indians in the technology sector in the U.S. Kanwal Rekhi is raising $150-175 million India specific fund to invest in Indian startups.

Rekhi’s Inventus Capital Partners is the company behind this project. “We wish we had the fund already as
we have seen very good companies to invest in both in Bangalore and Silicon Valley,” said Rekhi.

He said Inventus would focus on companies that offered solutions in software, consumer Internet, wireless, and technology-related services.

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