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BtoB

Insight, Microsoft, others in big India VC deal

Published on .

New York--U.S. companies are continuing their charge into the India technology VC market. Insight Capital Partners, Microsoft Corp., i2 Technologies Inc. and MSD Capital L.P. have teamed to start ConnectCapital, a New Delhi-based venture capital fund. ConnectCapital will annually invest between $75 million and $100 million in India-based technology companies. Microsoft and i2 will assist with marketing and tech advice. MSD Capital, Michael Dell's private investment firm, will give financial counsel.
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