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This is the right time for India to build technology behemoths: Sarath Naru & Siddhartha Das

Interview with Managing partner and founder & General partner, Ventureast

Unlike the swank offices of many private equity (PE) and venture capital (VC) firms, Ventureast's office is a quaint house in Chennai, complete with a sun deck in the garden. Its previous occupant was film director Mani Ratnam. In 1997, Sarath Naru and his founding team acquired APIDC Venture Capital Fund - the erstwhile venture fund of Andhra Pradesh Industrial Development Corporation - in a privatisation exercise. Ventureast, which currently manages nearly $300 million, plans to raise $150-200 million for its technology-focused fund Ventureast Proactive, which invests in technology ...