Inventus Capital To Raise $125 Million For Funding Cross Border Tech Startups

Inventus Capital, an Indo-US VC firm set up by Kanwal Rekhi, founder of The Indus Entrepreneurs (TiE) is in the process of raising $125 million for investments in tech startups that operate cross-border – in both the Indian and US markets, reports Mint. Inventus is targeting embedded software, mobile services, knowledge process outsourcing startups, as well as those creating Intellectual Property. Inventus is looking at 15-20 investments over three years, with deals mostly in the $1-$3 million, and some at $8 million. Question is – are there many options in the $1-$3 million funding range? For all the VCs out there looking for startups, we probably need more entrepreneurs…