Kanwal Rekhi Raising $150-$175 Million India-specific Fund

This fund will be talked about in the coming days since it’s the first time Kanwal Rekhi, one of the founders of The Indus Entrepreneurs and a celebrated NRI entrepreneur in the US, is raising an India-specific fund. Rekhi’s Inventus Capital Partners is in the process of raising a $150-$175 million fund for India. This will be invested in early stage technology firms.

According to Red Herring, “While he (Rekhi) is geography agnostic, he would like to invest in Indian startups. The fund should start investing before the year is out. “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.

Another early stage fund is Seed Fund set up by Pravin Gandhi, Mahesh Murthy and Bharati Jacob.

Related:

India To See Some Action In Early Stage Investing: TiE Bangalore, Mahesh Murthy's Seed Fund, Erasmic Consulting Lead Actors

Comments

Anand,

Hi Pani,

Inventus Address
Bangalore
3rd Floor, Divyasree Chambers
Langford Road, Bangalore 560 025

Tel: +91 80 4147 4567 / 68

xxx,

I believe this fund has not closed and they are still in the process of raising the money if they haven't given up yet.

Pani Sharma,

Could not locate office address of Inventus Capital Partners, Bangalore.

Need their phone numbers. Please help.

Yes, Mr. Samir Kumar's business card reads 'Inventus Capital Partners' - he is associated with Inventus.

,

I believe Samir Kumar, who was recently a partner with Jumpstartup and was with Acer VC earlier, is the man tipped to head Inventus in India

Post new comment

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options



Job By Category

View All

Job By Location

View All
Indepth
Doing Due Diligence Of A Company In "Troubled Waters"
SUJJAIN TALWAR & RAMYA MOHAN, ECONOMIC LAWS PRACTISE
Companies in ‘troubled waters’ normally pay less attention to compliance matters.
What Regulation Applies if No Exemption is Granted?
SAHIL SHAH & VAIDYANATHAN IYER, NISHITH DESAI ASSOCIATES
No convincing argument was made by the promoters to SEBI for obtaining the exemption in the case of Citadel Realty.
Interviews
AIM head brushes aside the shareholder activism dampener as specific to just a few cos & not a wide phenomenon.
Siguler Guff's Praneet Singh says PE Funds need to tighten processes and operations.