US-based venture capital firm Norwest Venture Partners recently raised a $1.2-billion fund. It is one of the few large funds to be raised in recent times. Managing Partner Promod Haque says NVP took less than a month to raise the fund. The fund is almost double the size of its last fund of $650 million raised in 2006.
Indian entrepreneurs have an excellent opportunity to start companies with anywhere between $1-10 million and create one of the top 10 companies.
World's No. 1 venture capitalist Promod Haque of Norwest Venture Partners is in talks with five software product companies in India for funding.
The year 2004 is still remembered more for corporate India's global sojourn with 60-odd foreign M&A deals, than global businesses' interest in India.
The world's No 2 venture capitalist says he supports outsourcing and urges India to use WTO rules to protect it from protectionist attacks in the US
Leading the Indian-Americans on the list is 49-year old Aneel Bhusri.
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