Vin, Vani & India VC

[qi:007] Vinod Dham, also known as “The Father of Pentium,” Vani Kola, serial Software entrepreneur and Kumar Shiralagi, former head of Intel Capital India, the venture capital group have closed their first India focused fund, NEA-IndoUS Ventures at $180.4 million. The fund is going to invest in early stage technology companies, and tech-enabled IT companies. The fund has already made seven investments, including Minekey, a contextual matching start-up, and VIA, a travel site. Given the spread of mobile phones in India, Kola says there will be many investment opportunities in that sector, especially the consumer apps.