VCCircle

NEA-IndoUS Ventures, a venture capital firm that is kicking off operations in Bangalore next week, has made another senior level appointment. It has hired Bhaskar Menon as venture partner to lead investments in the BPO/ KPO area along the Indo-US corridor.

Menon will focus his efforts on identifying new investment opportunities and will be responsible to seek and manage strategic investmen ts in early and mid-stage companies in the Information Technology and BPO/ KPO companies in India and the US, a statement said. Menon has two decades of experience in companies like MphasiS’s BPO arm, E-Citi and Merrill Lynch.

NEA-Indo-US Ventures had recently appointed former Intel Capital chief in India Kumar Shiralagi as its General Partner in India. The fund is floated by Silicon Valley entrepreneurs Vinod Dham and Vani Kola in partnership with New Enterprise Associates. The fund has raised more than $105 million to invest in India.