Tuesday, November 07, 2006

Bangalore is becoming India's capital for venture capital.

Norwest Venture Partners is planning an office in India, and that's likely to be in Bangalore. By the way, It's already HQ for Sequoia India, IDG Ventures, Peacock Partners, Mentor Partners, Erasmic Capital, UTI Venture Funds and so on.

The complete ecosystem for an entrepreneurial setup is emerging in Bangalore on the lines of Silicon Valley with the entry of global VC firms. Bangalore is already resplendent with techies, academicians, institutions and former success stories!!!!

Way to go Bangalore...
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