Inventus Capital raises $106m for early stage VC fund


Silicon Valley and Bangalore-based Inventus Capital Partners has closed its second early stage venture capital fund on $106m.

The new vehicle will focus on digital services entrepreneurs, particularly consumer and business software and technology-enabled services.

Inventus has already begun investing Fund II in “highly disruptive” service focused companies including Unbxd, Espresso Logic, PolicyBazaar and eDreams. The firm expects to back a total of 20 to 25 companies in Fund II, according to John Dougery, Inventus founder and managing director

“Our investment philosophy is highly focused on the entrepreneur, and aligning resources to help them disrupt or create big markets,” he said. “As an entrepreneur myself, my partners and I formed Inventus to continue our two decades of success partnering with Silicon Valley entrepreneurs and helping them access India’s natural advantages adding value to digital services businesses.”

Inventus focuses on early-revenue stage startups in both India and the US. The firm has particular interest in and experience with digital services businesses, particularly business software, internet marketplaces, mobile apps, and technology enabled services addressing a wide variety of consumer and business-oriented industries.

Recent Inventus companies include redBus (acquired by Naspers in 2013), ViVu (acquired by Polycom in 2011) and Sierra Atlantic (acquired by Hitachi Consulting in 2010).

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