by Madhav A Chanchani, December 2012
The year has proved to be a good one for VCs as they have raised a record $1 billion-plus as dry powder over the past 13-14 months.
Sequoia Capital and Inventus Capital Partners have joined the most active venture capital investors in India in 2012. The year has also proved to be a good one for VCs as they have raised a record $1 billion-plus as dry powder over the past 13-14 months. Firms like Helion Venture Partners, Nexus Venture Partners and Kalaari Capital are among others who raised new funds.
Inventus Capital Partners is one of the most active VC firms of the year – 7 deals
Early-stage investment firm Inventus Capital raised $70.3 million for its second fund, which is targeting a corpus of $100 million fund. Inventus continued to invest across IT/ITeS, healthcare, education and mobile, with a portfolio of around 18 companies. Its deals included four new investments and three follow-on rounds.
Inventus backed online buying hub Power2sme.com, which provides the platform to obtain the best pricing for small and medium enterprises procurement needs; Credit Sesame, which owns and operates an online analytics engine that manages credit and loans; e-commerce portal Cbazaar.com and online car rental services company Savaari.com.
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