VCCircle

When John Doerr of Kleiner Perkins and Ram Shriram of Sherpalo came visiting to India, there were two other partners at KPCB who accompanied them: Ray Lane and Ajit Nazre (I will have a post on Nazre since I had a chat with him when he was in Delhi).

Here is a story on Lane's views on India. Lane was, by the way, President and Chief Operating Officer of Oracle Corporation, the second-largest software company in the world. He said the next Silicon Valley is likely to come from India or China rather than from Boston or North Carolina.

"India and China are the two hotspots for every VC in the world. I believe that India is soon going to be a place where innovations are going to come out of," says Lane whose focus now is on new technologies and applications that will drive high-impact change.

So what are Lane's focus areas of funding in India in particular and in general?

The pharmaceutical sector - “Today, everybody needs greater detection when it comes to diseases. Genomics medicine, life sciences and stem cell research are areas which we find interesting."

The energy sector - How to prolong battery life of anything ranging from a cell phone to an industrial product. “The next 10 years are going to see innovative ideas to increase battery life - not just for laptops and cell phones but also for automobiles, operating plants and you will soon see fuel cell technology becoming more efficient,” he points out. (Via The Times of India)