Venture Highway, a technology-focused early-stage investment firm, has raised about USD 79 million for its second fund.
VH-XI, the Mauritius-domiciled fund, has raised the money from a clutch of Silicon Valley-based technology leaders, Samir Sood, founder of Venture Highway, told Economic Times.
He, however, declined to disclose names, citing confidentiality clauses signed with the fund’s Limited Partners (LPs).
“We’ve been very under the radar till date. This is the first time we have brought in external LPs, all of whom can be described as iconic investors, primarily from Silicon Valley, and are a mishmash of tech founders, people who are in the VC business, and are long on India,” Sood told ET.
Source: Economic Times