IDG Ventures set to launch $200-mn fund

Fund to focus primarily on Series A/B investments in technology and tech-enabled companies

IDG Ventures India is planning to launch a new $200 million fund, in which International Finance Corporation is also planning to invest around $20 million.

IDG Ventures India is an India-focused technology venture capital fund. The fund, whose advisors include Ratan Tata and Kris Gopalakrishnan, among others, is part of IDG Ventures, a global network of technology venture funds with more than $4 billion under management. 

The fund is based in Mauritius and will make investments in companies in India or with a significant presence in India. It seeks to focus primarily on Series A/B investments with selective seed and