VenturEast launches $150mn VC fund

Wednesday, October 31, 2007

VenturEast, previously APIDC Venture Capital, today announced a $150 million VenturEast Proactive Fund that will invest in both early stage companies building new technologies as well as growth stage companies using technology to build growth.

A significant focus of the fund will be to invest in businesses that address the needs of the digital divide/bottom-of-the pyramid markets and the needs of SMEs.

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Source: Business Standard (link opens in a new window)