IDG Ventures India Plans Its Second Fund Of $300 Million

Entities Mentioned

• VC Circle
• PC World
• Kreeda
• Manthan Systems
• Computerworld
• InfoWorld
• MacWorld
• Aujas Networks
• Network World
• Sudhir Sethi
• IDG Ventures India

1. Bangalore-based early-stage venture capital firm IDG Ventures India is planning to raise $300 million India focused fund, Mint has reported. This willl be IDG Ventures' second India-focused fund. IDG Ventures, which is part of the Boston-based technology-media publisher International Data Group Inc., had started its India operations in 2006 with a $150 million fund. They invest in a variety of early-stage technology companies. A mail sent by VC Circle to Sudhir Sethi, Chairman and Managing Director of IDG Ventures India, to seek more details of the fund is yet to receive a response. The Mint ... (Read Full Article)

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