Popular on EntSun
- Voice Of Rainbow Brite, Bettina Bush Debuts First Solo Children's Album "Once Upon A Rainbow" - 1058
- Mount Dora Frida Festival: Feel the Beat, See the Color Sat Sept 27 - 1039
- Paris Runway Official Models Head to New York City for New York Fashion Week - 922
- AI Musical Artist Kenzy Skye Releases Her Debut Hit Single "Done With You" on YouTube - 900
- Nashville International Chopin Piano Competition Partners with Crimson Global Academy to Support Excellence in Education - 891
- Meet Stella & Georgina: Adicora's Fresh Take on the Classic Polka Dot Bikini - 879
- Youth Take the Lead: Kopp Foundation for Diabetes Hosts "By Youth, For Youth, With T1D" Gala on October 8 at Blue Bell Country Club - 844
- Unicorp and BH Group Select Chasing Creative—Palm Coast Agency—to Lead Growth Marketing for The Ritz-Carlton Residences, Hammock Dunes - 820
- Breaking: 50+ runners from 20+ states relay custom 9/11 flag 485 miles from Shanksville through DC to Ground Zero for memorial remembrance run - 718
- 120% Revenue Surge with Four Straight Profitable Quarters Signal a Breakout in the Multi-Billion Dollar Homebuilding Market: Innovative Designs $IVDN - 555
Similar on EntSun
- FDA Approval of Suitability Petition on Preservative-Free Ketamine Drug Supports $40 Analyst Target; $3 Billion Suicidal Depression Market: $NRXP
- Powerful Points Illustrate Highly Undervalued Stock Price for Global Communications Leader: IQSTEL, Inc. (N A S D A Q: IQST)
- 120% Revenue Surge with Four Straight Profitable Quarters Signal a Breakout in the Multi-Billion Dollar Homebuilding Market: Innovative Designs $IVDN
- $40 Price Target for $NRXP in H. C. Wainright Analyst Report on Leader in $3 Billion Suicidal Depression Market with Superior NRX 100 Drug Therapy
- IQSTEL, Inc. (N A S D A Q: IQST): Accelerating Toward $1 Billion Revenue with Disruptive AI & Fintech Innovations
- 500% Increase in Revenue for Q2 with Acquisition Plans Including UK Telecom 3D Design/Modeling Company for Global AI Drone & Quantum Computing Leader
- Joint Venture for Expansion Into Asset-Backed Real Estate; $100 Million Initiative via Offering of Shares at Over $4 for Digital Assets: $OFAL
- $1 Billion Revenue Target, $15M EBITDA Run Rate Plan, and a Breakout Moment for This Global Tech Powerhouse: IQSTEL, Inc. (N A S D A Q: IQST):
- $3 Billion Suicidal Depression Market Advancements on Multiple Fronts, Highlighted by FDA Fast Track Designation for Effective NRX 100 Drug Therapy
- Cycurion Inc. N A S D A Q: CYCU Secures $89 Million in Contracts, New $20 Million Cyber Protection Tech Deal & Strategic Expansion into Cryptocurrency
New Venture Capital Fund for Indian Tech-enabled Startups
EntSun News/10638391
Idein Ventures is the latest VC firm to enter into Indian market, with an initial corpus of Rs 15 crores for the next 3 months. Its current focus is on early stage startups.
MUMBAI, India - Sept. 29, 2015 - EntSun -- A new venture capital firm has been brought to India by serial entrepreneurs, investors and business leaders from Dubai, Mumbai and San Francisco. Idein Ventures is headquartered out of BKC in Mumbai and focuses on early stage startups.
Partners at the firm include Rajeshwar Prasad, who currently heads the royal family investment holding company in RAK UAE and has an experience of founding or leading several billion dirham companies, Mahesh Vellaboyina, a management professional based with 25 years of product development experience through association with Fortune 500 companies, and Ashwin Srivastava, a serial entrepreneur with background of IIT Bombay. Mr Prasad is also an ex-officio Cabinet Minister of the Republic of Guinea Bissau and hence connected to global organizations like United Nations and World Bank.
More on EntSun News
"We are committed to helping startups not just in their post revenue stages, but also at pre-revenue stage. We are looking for awesome entrepreneurs and a great team, and not just a great idea", says Ashwin Srivastava, the managing partner at Idein. Idein is looking to invest in companies which can create organization in unorganized sectors in developing countries, says the mission statement on its website. Most startups considered to be hot for investors fall in this category, as they look at disruptive growth by creating or hoping to create a new ecosystem.
Idein Ventures has entered the Indian market at a time when its at its peak in terms of venture fund investments. The first half of 2015 has seen a total investment of more than 3.5 billion dollars in Indian startup scene, which is the highest ever. The second half of 2015 is not looking as sweet, but more funds are coming to early stage startups. Bangalore is leading the startup scene followed by Mumbai in terms of early stage investments.
Partners at the firm include Rajeshwar Prasad, who currently heads the royal family investment holding company in RAK UAE and has an experience of founding or leading several billion dirham companies, Mahesh Vellaboyina, a management professional based with 25 years of product development experience through association with Fortune 500 companies, and Ashwin Srivastava, a serial entrepreneur with background of IIT Bombay. Mr Prasad is also an ex-officio Cabinet Minister of the Republic of Guinea Bissau and hence connected to global organizations like United Nations and World Bank.
More on EntSun News
- Legendary Blues Artist Stevie Hawkins Releases Re-imagined Rendition of Leon Russell's Classic, "A Song For You"
- Who Will Win the 2025 Video Game of the Year? Bookmakers Review Shares Latest Odds
- International Gaming Platform Launch and Plans to Acquire Racing Women LTD. for AI Powered Sports, Entertainment and Gaming Leader: SEGG Media: $SEGG
- FDA Approval of Suitability Petition on Preservative-Free Ketamine Drug Supports $40 Analyst Target; $3 Billion Suicidal Depression Market: $NRXP
- U.S. Army Orders and Grant Initiative; Key Presentations at Tough Stump Rodeo & Tactical Assault Kit Events for Powerful Video Compression Tech: $RMXI
"We are committed to helping startups not just in their post revenue stages, but also at pre-revenue stage. We are looking for awesome entrepreneurs and a great team, and not just a great idea", says Ashwin Srivastava, the managing partner at Idein. Idein is looking to invest in companies which can create organization in unorganized sectors in developing countries, says the mission statement on its website. Most startups considered to be hot for investors fall in this category, as they look at disruptive growth by creating or hoping to create a new ecosystem.
Idein Ventures has entered the Indian market at a time when its at its peak in terms of venture fund investments. The first half of 2015 has seen a total investment of more than 3.5 billion dollars in Indian startup scene, which is the highest ever. The second half of 2015 is not looking as sweet, but more funds are coming to early stage startups. Bangalore is leading the startup scene followed by Mumbai in terms of early stage investments.
Source: Idein Ventures
0 Comments
Latest on EntSun News
- Voices for Humanity Champions Human Rights in Mauritius with Manishwar Purmanund
- OddsTrader Releases Latest NBA Finals Odds: Who's the Best Bet to Win in 2026?
- LYXX Drops Groundbreaking AI-Powered Music Video, Pioneering the Future of R&B and Hip-Hop
- Medelz Partners with Bragabilia Energy to Power the Next Generation in Global Competitions
- Rick Ricker's Austere Expands Globally in 4 Languages, Launching at LA Comic Con Booth 709
- Planetary Constitution Celebrates First Anniversary as Space Policy Shifts Toward Militarization
- DB Landscape Co. Brings Modern Outdoor Living to Coastal Communities
- The Future of Sports is App-less: A Look at How Phinge's Netverse Could Redefine the Major Sports Leagues Tech Landscape & a New Era of Fan Engagement
- KeysCaribbean Offers 15 Percent Off Luxury Accommodations With Advance Purchase Rate Discount
- Double the Honor: Tree9 Films Co-Founders Nominated for Mid-America EMMY® Awards
- Bay Street Yard to host "Girls Night Out the Show" on Oct. 13
- Two Weeks Left: Secure Your Spot at the First OpenSSL Conference 2025 in Prague
- LookDeep Health and Nexus Bedside Partner to Redesign Hospital Care with Agentic AI
- Olga Torres Named to the 2025 Texas Super Lawyers List
- Powerful Points Illustrate Highly Undervalued Stock Price for Global Communications Leader: IQSTEL, Inc. (N A S D A Q: IQST)
- Award-Winning Motorcycle Documentary Angels Of Dirt Celebrates Women Racers Now Available Online
- PlaceBased Expands NYC Presence with Strategic DOOH/OOH Asset Growth and Appoints OOH Industry Veteran Scott Nemeroff as EVP of National Accounts
- Historian Rumored Engaged to Medium, New Book Set for October 31
- Jay Sands Unveils jsands.net — A Tribute to Timeless Music and Modern Elegance
- Comeback Kids Wins Hearts, Dreams and Basketball Games on Documentary Showcase