International Venture Capitalists: India

Six years after going public, Infosys became the first Indian technology concern to list on the Nasdaq - an event that helped create hundreds of paper millionaires at Infosys. Today, Infosys is one of the largest software firms in the country. Five years ago, most international venture capitalists c...

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Bibliographic Details
Published in:Upside 2001-09, Vol.13 (9), p.42
Main Author: Ybarra, Michael J
Format: Article
Language:English
Subjects:
Capitalism
Economic development
Exports
High tech industries
International trade
Internet
Investments
Prime ministers
Software industry
Stock exchanges
Venture capital
Online Access:Get full text
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Summary:Six years after going public, Infosys became the first Indian technology concern to list on the Nasdaq - an event that helped create hundreds of paper millionaires at Infosys. Today, Infosys is one of the largest software firms in the country. Five years ago, most international venture capitalists could not find Bangalore on a map. This year, the Indian Venture Capital Association expects risk capital to hit $2 billion, while the National Association of Software and Service Companies (Nasscom) predicts that venture investing in the world's second-largest country could reach $10 billion a year by 2008.
ISSN:1052-0341