Are you New Here ? You might want to:

   1. Take a look at some of the most popular posts
   2. Subscribe to the RSS Feed
   3. about StartupDunia
   4. Leave me a tip by email

Helion Venture Partners closes second fund of $ 210 million

March 11, 2008 · Posted in VC India

Helion Venture Partners has closed a second fund of $210 million. The first fund was raised in late 2006 and totaled $140 million.

They also plan to expand focus into high growth sectors like retail, education and and finance - basically, expand beyond the Internet and mobile space.

Here’s what Ashish Gupta, MD Helion VC, had to say in a DNA India story:

“Across the board, most VC funds have at least a couple of investments in the internet and mobile space. But the rate at which these investments have taken place has been slower than what everyone had made it out to be. It has not lived up to the hype or caught fire very quickly”

I guess, that’s one of the rationale behind expanding the focus.