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In an exclusive interview with VCCircle, Patrick McGovern, Founder and

Chairman of International Data Group, said that they plan to launch an

IDG growth and mezzanine strategy for India by 2013-14. He said that the

size of the growth fund will be in the vicinity of $300-400 million

which will invest into relatively mature companies. Apart from a growth

fund, it is also planning to launch a mezzanine strategy which will

take pre-IPO positions in companies.

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