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Early
2000 –
Nilesh Mehta and Mehool Parekh set up E India Venture Fund in
Mauritius. |
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Late
2000 – Advent International, a Boston-based US
$ 6 billion private equity firm, joins the Fund as strategic
partner. Role includes investment inputs and connectivity to
portfolio companies for investments. |
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Mid
2001 – E India Venture Fund achieves closure
with US $ 18 MM in commitments in the midst of technology meltdown.
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Mid
2002 – E India Venture Fund makes its first investment
in Skyscape Inc. |
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Mid/End
2002 – E India partners explore pooling of resources
with Infinity, an India based US $ 35 MM angel fund looking
to raise offshore funds from existing investors |
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Early
2003 – “Infinity” brand name rights
acquired by E India Venture Fund for future fund raising. E
India Venture Fund alternately named as Infinity II Fund. Infinity
partners Pravin Gandhi, Gaurav Dalmia, Saurabh Srivastava become
Venture Partners for deal specific involvement for E India/Infinity
II. |
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Mid/Late
2003 – E India/Infinity II makes investments
in Scope and MDA.
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