A news website on Indian venture capital, private equity, mergers and acquisitions

Visit VC Circle

BlueRun Raises Fund IV; To Increase Investments in India

Posted on April 25, 2009

BlueRun Ventures has raised its fourth fund of little more than $240 million, falling short of the $300 million target. VentureBeat reports that the fund plans to ramp up its operations in Asia by adding two more people in India and China. It also plans to increase the allocation to both these markets, the report adds.BlueRun, formerly known as Nokia Venture Partners, has an office in Mumbai. Sasha Mirchandani, a senior investment director with the VC firm, looks after its activities in the country. Earlier this year he told VCCircle that BlueRun is looking at investments in value-added servic...

Original article link


cleantech , venture fund