SFO based VC firm Walden is re-entering India after a five year break.
Walden has an interesting investment portfolio – Bluelithium (acquired by y!), Glam media, Pandora, comedy.com etc – typically focused on financing early stage companies in industry sectors such as communications, electronics/digital consumer, software & IT services, and semiconductors.
Rajesh Subramaniam, the erstwhile Chief Financial Officer of Firstsource Solutions will head Walden’s India operations.
Walden has over $1.6 billion (Rs 672 crore) in committed capital and earlier invested in MindTree consulting.
Related: Report : VC Investment in India, Are Indian VCs losing interest in web/mobile sector?