India in privileged position, poised for growth over 20 years: Niren Shah

In India, the company has 27 active investments including in Swiggy, NSE India, Duroflex, Finova Capital, Kishlay Foods, Mintifi, Quikr among others

Norwest Venture Partners, a global venture capital and growth equity investment firm, closed its $3 billion fund on Thursday. The firm will deploy the fund across three markets: US, India, and Israel. With the new fund closure, the firm’s total capital under management rose to $15.5 billion. The new fund would enable the Norwest team to continue partnering entrepreneurs in India and building the next generation of companies. In India, the company has 27 active investments, including Swiggy, NSE India, Duroflex, Finova Capital, Kishlay Foods, Mintifi, and Quikr, among others. Of these, 20 are profitable companies. In a video interview,