Norwest Venture Partners (NVP) India, the venture arm of US-based NVP which manages more than $3.7 billion in capital, is expanding its investment strategy in India to include seed- and late-stage transactions.
The firm, which has so far looked at venture and growth stage deals here, is also broadening its areas of interest from banking, financial services and insurance, infrastructure and technology to include healthcare, education and food companies.
NVP India has started its own seed programme under which it will look at backing Internet and mobile starts-ups, investing up to $100,000. It will not raise a separate fund for this programme and will invest from its global fund.
To read the full, original article click on this link: Norwest Venture expands start-up funding to new areas - Home - livemint.com
Author: Deepti Chaudhary
