Fund Description Focus Industry

Name

1 Accel Accel India (formerly Erasmic Ventures) focuses on Differentiated services (e.g.,
India early-stage venture investing, delivering active, some Technology or
hands-on strategic and operational guidance. Knowledge that makes service
delivery more efficient/less
replicable), Wireless/Telecom
and Consumer-centric web
applications
2 Argonaut is a diversified global private equity fund All
based in the US with US$2 billion under
management. Its equity investments range from $1
million to $200 million and span such diverse markets
as consumer electronics, specialty materials,
telecommunications, drug discovery and delivery,
Argonaut medical devices, aviation and healthcare services.
3 Atlas Ventures is the seed fund arm of the Atlas
Group. It typically invests between $25,000 and
$500,000 in startups and companies looking for
Money that is Smart, Special and Supportive. Atlas
Ventures has a very strong network of domestic and
international angel and venture capital investors, who
Atlas potentially co-invest into companies, providing seed
Ventures capital up to $2 million.
4 Aureos Aureos is a SME-focused fund investing in the US$2 All
India million to US$10 million investment range. Most
businesses in which the fund invests would have an
operating history of 3-7 years.
5 Battery As a global, stage-independent fund, Battery partners Consumer finance, Consumer
Ventures with a broad range of entrepreneurs across stages, Internet, Mobile, Software,
sectors and geographies. In India, Battery is currently Tech-enabled services, BPO /
most interested in the opportunity to partner with ITES, Components,
entrepreneurs at two stages: Early stage – range of infrastructure and
INR 4.4 crores to 44 crores (~USD 1 million to 10 communications services,
million) and Growth stage – range of INR 44 crores to Clean tech
132 crores (~USD 10 million to 30 million).
6 Blenheim Founded as an investment group by entrepreneurs in All
Chalcot 1998, Blenheim Chalcot has evolved into a active
venture investor with operations in London and
Mumbai. Usually participates on the board of its
investments.
7 BlueRun Launched in 1998, BlueRun Ventures (formerly Nokia IT, Mobile, Consumer
Ventures Venture Partners) is headquartered in Menlo Park, Technologies
California, with offices in Beijing, Helsinki, Herzelia
(Israel), Mumbai, Seoul, and Shanghai.
8 BTS India BTS India Private Equity Fund invests in expanding Life Sciences / Pharma,
Fund small and medium sized businesses located in the Manufacturing / Engineering,
Indian sub-continent. BTS India Private Equity Fund Service industry (IT,
is the successor fund of the Swiss Tec fund, outsourced services), Telecom,
launched in 1997. Entertainment

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9 Canaan Canaan Partners is a global venture capital firm that Consumer Internet & Digital
Partners invests in technology & healthcare companies. Media, Mobile, Enterprise &
Canaan has been invested directly in India since Managed Services
2006.
10 Canbank Set up in 1989, Canbank Venture Capital is All
Ventures sponsored by Canara Bank, a leading public sector
bank.

11 Cisco Cisco is the worldwide leader in networking Communications Tech,

equipment. Networking and related
technologies

12 Clearston Clearstone Venture Partners provides venture capital Enterprise Software,

e for the technological innovators. Clearstone's active Consumer (Broad intersection
Ventures guidance approach to technology investing combines of technology & consumer
deep knowledge of technology markets, a proven activity, Mobile phone
analytical approach, extensive networks, internal applications, wireless
operating expertise and an appreciation for multimedia, Social networking
communication and rapid problem-solving to applied to commerce);
shepherd our companies to success in their chosen Communications (IP
markets. Telephony, Seamless wireless:
integration of cell & WiFi,
Services); Data Center
13 DFJ Draper Fisher Jurvetson is the preeminent venture Nanotechnology and Life
capital firm with global presence through a network of Sciences, IT, Clean Energy
partner funds, with offices in more than 33 cities Technologies
around the world and over $5.5 billion in capital
commitments. DFJ's mission is to identify, serve, and
provide capital for extraordinary entrepreneurs
anywhere who are determined to change the world.
14 FirstMark FirstMark Capital (formerly Pequot Ventures), a New Applications & Services,
Capital York City-based venture capital firm with nearly $2 Infrastructure, Emerging Media
[Earlier billion in capital commitments, is focused on today’s & Advertising, Data and
called most dynamic and innovative technology companies. Analytics
Pequot Sector-focused, Pequot Ventures has particular
ventures] expertise in the high-growth data, analytics and
information services, vertical industry solutions,
infrastructure and emerging media and
advertising markets.
15 Footprint Footprint is an early stage venture capital fund based Software products or software-
Ventures out of India. Its focus is to invest in 'Markets on the as-a-service (SaaS), Telecom,
edge of change' - where change could be driven by a Mobile VAS, Infrastructure,
number of factors like technology, demographics or Healthcare, Biotech, Life
change in regulation. Sciences, Cleantech and
Technology enabled services
16 Frontline Frontline Strategy invests in companies with highly IT, BPO, Media /
Strategy scalable operations and clearly defined advantages, Entertainment, Telecom, Life
which would give them an edge over competition and Sciences & Healthcare
enable them to become highly profitable.
17 Foundatio Foundation Capital prefers working with startups in
n Capital their formative stages, and look especially for
entrepreneurs with a clear sense of purpose and
vision, and a clarity in communicating them.

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18 Greylock Founded in 1965, US-based Greylock Partners is Consumer and Services,
one of the worlds leading venture capital firms. Over Enterprise Infrastructure,
the past 41 years, Greylock has funded and helped Enterprise Software,
build several hundred successful companies. Semiconductor
19 GVFL GVFL Ltd. (formerly Gujarat Venture Finance Biotechnology; Information
Limited) is one of the oldrest venture capital firms in Technology; Software
India. GVFL is focused on funding small and medium Development; Research And
technology-based enterprises. Development; Pharmaceutical
Sector; Dairy Industry; Poultry
Industry; And Production Of
Bio-Fuels
20 Helion Helion Ventures Partners is a $350 Million India- Outsourcing, Internet, Mobile,
Ventures focused, stage independent venture fund, investing in Technology Products, Retail
technology-powered and consumer service Services, Education and
businesses in sectors like Outsourcing, Internet, Financial Services
Mobile, Technology Products, Retail Services,
Education and Financial Services.
21 Helix Helix Investments seeks to make growth capital Education, Healthcare
Investme investments of $5-15 million in small and mid-sized Outsourcing, Branded
nts companies in India. The fund invests across sectors, consumer services
but prefers to invest in companies with a
differentiated competitive position. We typically
acquire minority stakes, but can consider buy out
investments in special situations, especially
management buy outs. Unlike most funds, Helix’s
capital has no expiration date.
22 HSBC PE HSBC PE is the investment arm of leading global All
banking firm HSBC.

23 IDG IDG Ventures India manages a US$150 million fund Outsourced services, Design
Ventures focused on early-stage investments in technology Engineering, Electronics and
India and technology- enabled companies. It typically Hi-tech manufacturing,
invest between US$0.5 million to US$5 million in Consumer internet and Digital
early-stage companies and opportunistically up to media, Software products,
US$10 million in compelling growth-stage Semiconductors, Telecom
companies. infrastructure, Consumer
mobile services, Retail
financial services and other
emerging technology-enabled
sectors
24 IFC The International Finance Corporation is the private All
sector arm of the World Bank Group and is
headquartered in Washington, D.C. IFC coordinates
its activities with the other institutions of the World
Bank Group but is legally and financially
independent. The mission of IFC is to promote
sustainable private sector investment in developing
and transition countries, helping to reduce poverty
and improve people’s lives. IFC finances private
sector investments in the developing world, mobilizes
capital in the international financial markets, helps
clients improve social and environmental
sustainability, and provides technical assistance and
advice to governments and businesses.

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25 IFMR IFMR Trust's NEF identifies and invests in Social
Trust / commercial enterprises that leverage the competitive
Network strengths of low-income households in India (both as
Enterpris producers and consumers) - with an emphasis on
e Fund those that are living in remote rural locations of the
country. NEF is a Rs 6 billion ($150 million) fund that
invests in multiple sectors - including in a national
rural financial services channel. NEF brings to this
effort expertise in the design and delivery of financial
services, ability to attract and direct mainstream
investment capital, an in-house R&D facility focused
on action-research - the Institute for Financial
Management and Research (IFMR) - and an
extensive network of partners, large corporations,
NGOs, civil society and academia; all in the context
of remote rural India.
26 India India Equity Partners (IEP) is a leading private equity BFSI, Manufacturing, Other
Equity fund focused on India. Services, Shipping & Logistics,
Partners Telecom

27 IndiaCo IndiaCo is a financial services company listed on the All

Bombay stock exchange that provides capital,
direction and operational expertise for select
identified industry verticals. IndiaCo has
comprehensive knowledge of corporate venturing
and technology transfer, successfully partnering with
leading universities and R&D houses globally for
Collaborative R&D, licensing, Joint Venture and
Commercialisation programs.
28 Indivision Indivision invests in high growth companies backed FMCG, Media, Entertainment,
by entrepreneurial talent in consumption-led sectors Food & Beverages, Fashion,
like fast-moving consumer goods, media, Healthcare and Consumer-led
entertainment, food and beverages, fashion, infrastructure
healthcare and consumer-led infrastructure.
29 Intel Intel Capital is a global commitment aimed at IT & ITES, Media &
Capital investing and supporting profitable enterprises that Entertainment
will drive internet growth, enable new usage models,
and advance industry standards. We build
companies using our worldwide customer base,
technological knowledge, extensive access to capital,
and the power of the Intel brand.
30 Launched in 2008, Inventus Capital is a US-India Consumer internet and media,
cross-border fund that invests in technology-powered Software-as-a-Service,
companies participating in the emerging Indian Embedded Software, Mobile
Inventus economy or new global markets. It includes well- Technology, and Knowledge-
Capital known Silicon Valley-based angel investor Kanwal based services
Partners Rekhi angel investor among its founders.
31 Jafco Founded in 1990, JAFCO Asia invests across the Telecom, Media, Systems,
Asia Asia Pacific region including India. Currently, JAFCO Technology, Pharmaceuticals,
Asia has offices in Singapore, Hong Kong, Taipei, Components, Internet Services
Seoul and Beijing.

4
32 Kerala Kerala Venture Capital Fund (KVCF) is dedicated to IT, Biotechnology, Tourism etc
Venture investing in enterprises in high technology sectors, in
Capital enterprises in industries with significant prospects for
growth & profitabilit. The investment would primarily
be within the State of Kerala with a special emphasis
on sectors in which the State has competitive
advantages.
33 Khosla Khosla Ventures offers venture assistance, strategic Microfinance, Environment,
Ventures advice and capital to entrepreneurs. The firm helps Education, Health, Affordable
entrepreneurs extend the potential of their ideas in housing
both traditional venture areas like the Internet,
computing, mobile, and silicon technology arenas but
also supports breakthrough scientific work in clean
technology areas such as bio-refineries for energy
and bioplastics, solar, battery and other
environmentally friendly technologies. Investment
size can range from $100,000 to $20 million.
34 KITVEN KITVEN Fund invests in the range of Rs.50 Lakhs to Internet Services, High-end
Rs.150 Lakhs per company. The typical investment Software Services and
horizon would be 3-5 years. innovative products catering to
the Communication Industry, e-
Commerce etc.
35 Kotak PE Kotak Private Equity is a specialist investment arm of Life-Sciences
Kotak Mahindra Bank. It is focused on helping (Pharmaceuticals &
emerging corporates and mid-size enterprises evolve Biotechnology), Retailing,
into tomorrow's industry leaders. The size of our Media & Entertainment, Light
initial investment is typically between US$ 10-30 Manufacturing, Agri-business,
million depending on the nature of the company's Food Processing &
business, stage of growth and its financing Infrastructure Led Services like
requirements. Healthcare, Logistics &
Distribution and Information
Technology (Software
Products, Services and IT
enabled)
36 KPCB Since its founding in 1972, Silicon Valley-based Information Technology
Kleiner Perkins Caufield & Byers has invested in (Communications, Consumer,
several well known US-based start-ups including Enterprise, Security,
AOL, Amazon.com, Compaq, Electronic Arts, Semiconductors, Wireless),
Genentech, Google, Intuit, Netscape, Lotus, Sun Life Sciences, CleanTech,
Microsystems, Symantec and Verisign. Other (Engineering New
Markets & Strong Businesses)
37 Kubera Kubera Partners is a London AIM stock market listed All
Partners investment firm that invests in cross-border
companies - Western headquartered companies that
seek to leverage India and Asia based resources for
lower cost and greater availability of talent, and
companies headquartered in India and Asia that seek
to expand in Western markets through acquisition or
sales force development. It typically only invests in
companies that have reached at least $10 million in
revenues, with the exception of "platform"
investments. Our minimum investment is $15 million,
with a preference for an initial investment between
$20-40 million. It does not make early-stage
investments or passive investments where it cannot

5
 have a Board seat.

38 Legatum Based in Dubai, Legatum Capital was founded in Telecommunications, Electric

2006 by Christopher Chandler. New Zealand-born, Utilities, Steel, Oil & Gas,
Mr. Chandler was formerly President of the holding Banking, Oil Refining
company for Sovereign Global Investment
("Sovereign") which he co-founded in 1986. Legatum
invests in easily understood businesses that possess
durable competitive advantages and a consistent
earnings history.
39 Lightspee US-based Lightspeed's India investment focus is Clean Tech, Communications,
d across stages and sectors from early-stage Digital Media, Enterprise,
Ventures technology to later-stage traditional businesses. It Internet, Semi-Consuctors,
has special interests in broad areas of technology, Services
technology-enabled services, consumer services,
healthcare services, logistics and manufacturing
opportunities - addressing both local and global
markets.
40 Linus Linus Capital is a boutique investment and buyout Internet, Technology, New
Capital group focused on investing in India. It makes Media, Financial Services,
investments in early-stage companies that are on an Business Services and Real
explosive growth track with a potential to become Estate industries.
market leaders. Linus Capaital prefers a controlling
stake in its invested companies.
41 Lok Lok Capital Group is a venture fund focused on Social
Capital making equity investments in Indian MFIs.

42 Matrix Matrix Partners India invests in companies primarily Financial Services, Media and
Partners targeting the Indian domestic market. It invests $2-10 Entertainment, Hospitality,
India million in venture capital or up to $50 million in Food & Beverage, Real Estate
growth capital in a company depending on its stage and Retail Services, Internet
of development. and Mobile, Components,
Software
43 NEA-IndoUS Ventures provides early and mid-stage Technology and Technology-
funding to new or growing businesses in India. enabled services for India and
the global markets
NEA-IUV
44 Nexus Nexus India Capital prefers to invest early and play a All
India formative role in developing a company. It typically
Capital makes an initial investment of $100,000 to $10
million and follow that by participating in subsequent
rounds of financing.
45 NewMedi UK-based NewMedia Spark invests in India Technology, media, telecoms
a Spark alongside local venture capital firms. It takes and healthcare & life sciences.
significant minority stakes, investing between £0.5m
and £2.0m in the first round, and in subsequent
funding rounds for companies successfully executing
their business plans.

6
46 Norwest US-based Norwest Venture Partners provides capital Semiconductor & Components
Venture to seed-stage, early-stage and select late-stage (Systems, Communications,
Partners companies. Its general goal is to invest between $10 Enterprise), Software
million and $15 million in companies over time (Application Software,
beginning with as little as $1-3 million. Infrastructure Software),
Services (Communications,
Infrastructure, Business
Services), Consumer Internet
and Media (Internet Services,
Consumer Technology, Media)
47 NYLIM Jacob Ballas Capital, based in New Delhi, is the Telecom, Ports, Power,
India investment advisor to three India focused private Engineering & Construction,
equity funds, New York Life International India Fund Shipbuilding, Real Estate,
(Mauritius), LLC, New York Life Investment Textiles, Auto components, IT
Management India Fund II LLC and NYLIM Jacob consulting and Printing
Ballas India Fund III, LLC. The ten member
investment team of JBC has over 140 years of
collective operating and investing experience, with
over 40 years focused on private equity investments
in India. The funds have invested in a diverse range
of sectors including telecom, ports, power,
engineering construction, shipbuilding, real estate,
textiles, auto components, IT consulting and printing.
48 Ojas Ojas is a seed stage fund investing $750,000 to $3 All
Venture million. The fund has been sponsored by Nadathur
Partners Holdings & Investments, the investment vehicle of
N.S.Raghavan, one of the co-founders of Infosys
Technologies.
49 Omidyar Omidyar Network aims to play a catalytic role in its
Network investments, and typically make a substantial
investment in its investee organizations. It looks to
make initial investments greater than $1 million and
work closely with its investees to help them achieve
their goals, seeking a governance role where
appropriate.
50 Paracor Paracor Investments typically invests growth capital Finance, Logistics, Food &
Capital of between US$5-10 million and takes equity stakes Beverage and Consumer
of between 26 and 49%. Geographically, the Fund facing companies.
invests in assets in: Mumbai, the “National Capital
Region”, South India metros of Bangalore, Chennai
and Hyderabad and Tier II cities surrounding all of
the above.
51 Peepul Peepul Capital targets select early stage, expansion Technology, Media &
Capital and restructuring/buyout opportunities, historically in Entertainment, and Consumer
the sectors of Technology, Media & Entertainment, Products and Services
and Consumer Products and Services. Its investment
size ranges from $5-30 million; however, the firm has
the ability to lead larger transactions through a
proven network of syndicate partners.
52 Qualcom Qualcomm Ventures (QCV) was formed in 2000 to Wireless Telecom,
m accelerate and influence the growth of the wireless Semiconductors
Ventures market while supporting Qualcomm's corporate and
individual business units' strategic goals. Investment
stage - Expansion, typically the second round of
financing. Investment size - Between $500,000 and

7
 $10 million, based on the opportunity

53 Reliance Reliance Technology Ventures Limited was launched Technology (IT, ITES,
Technolo in 2006 with an investment mandate to incubate new hardware and
gy business ideas and invest in emerging and high- semiconductors), Media &
Ventures growth technologies. RTVL invests in leading edge Entertainment, and Telecom
technologies, disruptive business models and (TMT)
technology enabled companies around the world.
54 SAIF SAIF makes privately negotiated equity or equity- Technology, Media,
Partners linked investments across several growth sectors Healthcare, Telecom, Financial
such as consumer products & services, technology, Services
media, telecom, financial services, healthcare, travel
and tourism, and manufacturing. SAIF focuses its
efforts primarily on China, India, Korea, Hong Kong
and Taiwan. It makes individual equity investments of
between $10 million and $100 million, in one or more
rounds of financing, and generally seek to obtain a
significant minority equity ownership position in the
range of 15% to 40% of a portfolio company.
55 Sandalwo Sandalwood Partners is an early stage venture Telecom, Outsourcing Services
od capital fund focused on cross-border investments into (Business, Engineering and
Partners Asia, specifically India and China. Media), Technology and
Renewable Energy
56 SBICAPS This 50/50 joint venture fund between State Bank of IT, KPO, CRO,
Ventures India Capital Markets and Japan’s SoftBank targets Nanotechnology, Online and
/ India India's rapidly growing knowledge industrial base with Mobile businesses,
Knowledg typical investments in the $5-10 million-range over a Environmental Technology and
e Fund holding period of three to five years. Alternative Energy
57 Seedfund Seedfund invests from Rs. 1 to 5 crores in a startup Internet, Media, Mobile,
company. Telecom, Retail

58 Sequoia Sequoia Capital India provides venture and growth Service (Education,
Capital capital to entrepreneurs who wish to build world-class Healthcare, Outsourcing,
India companies. Was founded as WestBridge Capital in Internet, Hospitality, Wireless);
2000 and merged with the US-based Sequoia Capital Software (Apllication, Data
in 2006. We want to be contributors to companies Management, Wireless);
that have the chance to become very significant. This System and Components
requires us to cut cloth according to circumstances
because companies require different amounts of
venture capital at various stages.
59 Sherpalo Founded by Ram Shriram (one of the early investors Consumer Internet Services,
Ventures in Google), Sherpalo supports the development and Technology
commercialization of early-stage disruptive new
technologies.
60 SIDBI VC SIDBI Venture Capital Limited (SVCL) is a wholly Life Sciences, Retailing, Light
owned subsidiary of the Small Industries Engineering, Food Processing,
Development Bank of India (SIDBI) incorporated in IT, Infrastructure, Healthcare,
July 1999 to act as an umbrella organisation to Logistics & Distribution
oversee the Venture Capital operation of SIDBI.

8
61 Siemens Siemens Venture Capital (SVC) is the corporate Energy & Environmental Care,
Venture venture organization for Siemens AG, one of the Automation & Control,
Capital largest global electronics and engineering Industrial & Public
companies. SVC's goal is to identify and fund Infrastructure, and Health
investments in emerging and innovative technologies Care.
that will enhance the core business scope of
Siemens, particularly in the focus areas of long-term
growth markets such as Energy & Environmental
Care, Automation & Control, Industrial & Public
Infrastructure, and Health Care.
62 Sierra Sierra Ventures is a US-based venture capital firm Software,
Ventures investing in companies based in the United States, Telecommunications,
Canada, China and India. It makes investments over Semiconductors, Hardware
several rounds of financing with an initial investment Systems, Components and
between $2M - $15M. Sierra Ventures typically Subsystems, Mobile
invests in early to mid stage companies, as well as Applications, Internet,
companies with $1 million per quarter or more of Technology Enabled Services,
trailing revenues. Security, Storage, Energy
63 SoftBank SoftBank China & India Holdings is a wholly owned Internet, software, telecom
China & subsidiary of SoftBank Corp and manager of Bodhi VAS, converged media,
India Investments which focuses on early stage and entertainment and other
Holdings selected pre-IPO opportunities in China, India and industries leveraging
Southeast Asia. technology such as consumer-
oriented services, healthcare
and financial services.
64 Silicon SVB India Capital Partners Fund is a $54 million fund All
Valley that is focused on Indian companies and co-invests
Bank across industries and stages along with other leading
Capital venture capital firms.
65 Tiger The firm manages hedge and private equity funds. It
Capital invests in the public and private equity markets
across the globe primarily the US, China, India,
Southeast Asia, Latin America, and Eastern Europe.
66 Trident The US-based Trident Capital was founded in 1993. Communications & Wireless,
Capital Venetia Kontogouris, Managing Director, overseas Enterprise Software,
the India investments from the US. The firm has Healthcare & Insurance
recently appointed a Venture Partner based in Delhi. Services, Innovation &
Robotics, Interactive Marketing
Services, Internet, IT Services
& Outsourcing, Payments &
Transaction Processing,
Security.
67 Unitus Unitus works to fight global poverty by accelerating Microfinance
access to microfinance for millions of the working
poor. Using a highly leveraged, results-focused
model, Unitus partners with high-potential
microfinance institutions (MFIs) around the globe to
connect them to the growth capital and innovative
business tools they need to grow rapidly and reach
scale. Unitus offers to MFIs a broad range of
business consulting services, capacity-building
grants, technology tools, strategic planning, and
capital advisory services to eliminate barriers to
growth and empower them to serve millions more
hardworking micro-entrepreneurs around the world.

9
68 UTI UTI Ventures was launched in 2000 as a subsidiary Sectors addressing domestic
Ventures of the public sector mutual fund UTI. It provides demand driven by a fast
growth capital to companies across various sectors. growing consumer market;
Services sectors that benefit
from India's infrastructure
boom; Sectors that leverage
India's outsourcing strengths in
services and manufacturing
69 Velocity Velocity Interactive Group is an investment firm that Digital Media &
Interactiv focuses on digital media and communications. It has Commmunications
e Group / a presence in Palo Alto, Los Angeles, New York,
ComVent India and China. It can invest as little as $100,000 or
ures as much as $30 million.
70 Venturea Ventureast is an early-stage fund which invests in IT, Healthcare and Life
st / both Life Sciences and IT-related companies. It also Sciences
APIDC makes seed level investments via its Ventureast-
VC Tenet" funds.
71 VC Hunt VC Hunt is primarily focused on investments as angel
investor providing financial and entrepreneurial
knowledge and expertise for conceptualizing an idea
into a financially viable model.
72 Walden Founded in 1987, Walden International is an Communications,
Internatio established global venture capital firm. With Electronics/Digital Consumer ,
nal committed capital of over US$1.6 billion, we strive to Software & IT services, and
invest in entrepreneurs and companies that Semiconductors
demonstrate an ability to gain a competitive
advantage in the markets they serve. Our
investments are focused on four key industry sectors:
communications, electronics/digital consumer,
software & IT services, and semiconductors.
73 Xilinx The Xilinx Technology Growth Fund is a strategic, Networking, Cellular and
early stage global venture capital fund investing in Wireless, Next Generation
companies that it believes can help expand the Broadband, Storage and
market for Xilinx's products. Servers, High Performance
Computing, Industrial,
Automotive Telematics,
Consumer Electronics, Video,
Military and Surveillance.
74 Zephyr Zephyr Peacock India Fund is an India-focused fund Financial Services, Consumer
Peacock that provides growth financing for fast growing small Related Businesses, Education
and medium sized companies. In most cases, Zephyr and Training Services, High
Peacock will be the first private equity investor in the Value Added Manufacturing,
company with typical investments ranging from US$ Infrastructure Related Services
5 to 20 million.
75

76 Other (US $2million or less)

Sources
of Seed
Capital

10
77 Indian Indian Angel Network is India’s first & largest Angel All
Angel network with successful entrepreneurs and high
Network profile CEOs interested in investing in early stage
businesses across India, which have potential to
create disproportionate value.
78 India
Innovatio
n
Investors
(I3)
79 Mumbai Started in November 2006, the Mumbai Angels All
Angels typically considers investments of US$200,000 to
US$500,000 and remaining as an investor for a 3-5
year period. Larger investments may also be
considered in syndication with other groups of
investors.
80 The The Chennai Fund is a fund facilitated by the Charter All
Chennai members of TiE Chennai to help and encourage
Fund Chennai based entrepreneurs in early stage funding
and mentoring.
81 TiE- TiE Entrepreneurship Acceleration Program (TiE - All
Bangalor EAP) is a program of the TiE Bangalore chapter to
e's EAP catalyze the early-stage entrepreneurial ecosystem in
pragam India. Launched in January 2006, this program has
played an active role for entrepreneurs in Bangalore.
Through the EAP, TiE aims to bring together the
crucial participants in such an ecosystem such as
VCs, angel investors, mentors, incubators and
service providers to accelerate the development of
promising startup companies. These startups, which
are selected by a panel of TiE members, receive the
full support of the TiE network including preferred
access to angel funding, mentoring and service
provider support. The end goal of the TiE - EAP
program is to work closely with these startups and
see them through to a successful Series A round of
financing.
82 Epiphany The fund is sector-agnostic, with a size of $25 million. All
Ventures We are looking at deal sizes of up to $2 million. The
fund will focus on early stage investments, but
occasionally can invest in later stages if the
opportunity is suitable.
83 Veddis Veddis Ventures is an independent investment All
Ventures management company head-quartered in Gibraltar.
Veddis Ventures was founded in 2006 and has since
invested over $70 MM across various early stage
companies and projects across industries. The
company seeks investments in businesses with
significant growth potential run by good
entrepreneurs.
84 EON EON Investments Ltd. is a Mauritius based Angel All
Investme Investment Company that supports promising
nts growing companies during early stages of company
development. It invests in the range of US$ 100,000
and US$ 2 Million either through a single round or

11
 multiple pre-series rounds before the company
matures for Series A VC financing. EON helps bring
together like-minded angel investors to form
individual EON funds and then provides these funds
with capital, a process for due diligence, legal
templates, management support, access to deal flow
and other resources.
85 Gray Grey Ghost Ventures aims to deploy needed financial All
Ghost and human resources to high impact social ventures
Ventures addressing the needs of large, underserved
populations.
86 SONG Created by Soros Economic Development Fund,
Growth Omidyar Network, and Google.org, SONG Growth
Company Company's investments create job opportunities and
spur greater economic participation and
advancement for disadvantaged people in India.
87 Axon Axon Ventures is a growth catalyst, partnering with Technology and Technology
Ventures early stage technology and technology powered Powered Companies
businesses, to help transform them from infancy to a
mature stage by infusing capital and expertise. Axon
Ventures makes strategic investments in the range of
100K to 500K USD for post seed companies.
88 Indiavest Indiavest Capital raises capital in various forms for
the purposes of early-round corporate investments.
Generally these investments take the form of either
“Angel Funding” or “Venture Capital.”
89 Telnet TelNet is a co-founder to high-tech startups. It joins Technology (Internet, Mobile
Ventures founders of early stage tech companies, typically and Telecom)
providing the seed capital and works as co-founders.

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