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BANGALORE: Inventus Capital Partners, a US-India venture firm, on Tuesday said that it plans to invest $125 million venture fund, targeting early growth India companies.

"Inventus will invest in technology-powered companies that address high-growth global and local markets'', Mr Kanwal Rekhi, co-founder of Inventus Capital Partners told reporters. Inventus will invest $1-10 million each in 15 to 20 early growth companies over the next few years, he said.

Right now, the company is scanning 70 company profiles and was close to finalising two Bangalore-based software firms for pumping their first initial investment from the fund. Refusing to divulge details of the two firms, he said that the firm was keen o n backing companies interested in businesses leveraging consumer internet, media, software as a service, embedded software, mobile technology and knowledge based services to address a variety of attractive end markets in India and across the globe, said John Dougery MD of the firm. - PTI

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