Sunday, December 9, 2007

VCs seek dot-com success stories in India

VCs seek dot-com success stories in India: "VCs seek dot-com success stories in India Manik Arora of Battery Ventures, the Silicon Valley-based VC that prefers to call itself a 'lead institutional investor in its portfolio companies,' spends a lot of time researching on Indian Internet ventures these days. Having tasted success in Battery Ventures' first investment in an Indian hi-tech venture in December 2004, Arora and his firm are 'particularly attracted to the Internet side' and plan to make its next investment in an internet venture this year. Sponsored Links (Ads by Google) How to Invest in India - We can show you where to invest. India is ready. A Free Report www.MoneyMorning.com/India_rpt Funding for New Start-Ups - Capital from accredited investors. Angel meetings monthly across USA. www.gatheringofangels.com Disappearing Dividends? - Learn How Smart Investors Quietly Earn Combined Yeilds Up to 45% Yr! MoneyAndMarkets.com Battery that has been making the bulk of its investments in the United States in its 22 year existence and shifted focus to Europe in the last decade and of late is now starting to explore Asia and India. 'And India is particularly appealing for a number of reasons, such as being forecasted to be the world's largest economy by mid-century, GDP growth of 8 percent, world-class companies and talent in offshore technology services,' Arora says. 'T"

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