Naya Ventures Launches New 250 Crore Rupees ($50 million) Fund Focusing on the Mobile and Cloud Markets
Hyderabad, Andhra Pradesh, India, Thursday, December 06, 2012 -- (Business Wire India) -- Naya Ventures, a new type of venture capital fund specializing in early stage companies in the mobile and cloud markets, today announced its first closing for its 250 Crore Rupees ($50 million) fund. Headquartered in Dallas, with offices in Silicon Valley, Seattle and Hyderabad, India, Naya takes a unique approach from the typical venture capital fund to lead by collaboration. Combining the features of a venture capital fund with those of a private equity firm, Naya not only provides capital to early stage companies, but also the industry experience and relationships at the concept stage in their development to help jumpstart their growth to the next level and beyond. Naya helps connect entrepreneurs with the necessary key players in big companies, from internal product marketing and development all the way up to C-level executives, leveraging its own extensive operational experience, product d...