Helion Launches Fund

NEW DELHI,India -- Helion Venture Partners today announced the launch of a $140 M multi-stage, India-focused Venture Fund. The fund will provide capital and mentoring to "technology-powered" businesses in India.

The funds investors are well-respected Global institutions including Ivy League endowment funds and highly-successful Internet pioneering entrepreneurs. The fund and its portfolio companies will be advised by an experienced and industry renowned team of professionals based in India. They include Sanjeev Aggarwal, Managing Director; Ashish Gupta, Managing Director; Kanwaljit Singh, Managing Director and Rahul Chandra, Director.

Elaborating on the fund's decision to focus on India Sanjeev Aggarwal said, "With a sustained CAGR of 6% , India is clearly one of the most dynamic and fast- growing economies in the world. The fund sees clear long-term potential in innovative companies in both the outsourcing segment and increasingly, the domestic market."

With a combined pool of skills in entrepreneurship, technology, investments and global strategy, the breadth of experience and insights that the team brings to entrepreneurs is a strong differentiator.

Said Kanwaljit Singh, "The fund's mission is 'partnering entrepreneurs to build world class companies' and the team has the valuable experience of having successfully started, built, managed & exited businesses – skills that entrepreneurs everywhere, including India regard very highly."

Helion Venture Partners