Member Login:

News & Events

    News Coverage  
Mentor Partners Plans Its Own Fund Of $30-50 Million

Thu, 12/13/2007 - 12:38 — Sahad P V

Mentor Partners, the Bangalore-based early-stage venture capital advisory firm, has been working with startups for the last two years. The firm usually draws into the purses of a group of individual investors whenever an investment opportunity comes up. But not having a fund of your own may not be a great idea if your full time job is to mentor startups and scout for good investment opportunities.
Mentor Partners is now planning to raise its first fund of $30-50 million in the next six to nine months, reports The Economic Times, quoting Mentor Partners managing director Ravi Narayan. Initially, it will be focused on Indian market but the funds can be used for investing in other Asian markets like Singapore and Malaysia.
Formed in December 2005, Mentor has invested in 7 companies including Ilantus Technologies, Ugenie, Bubble Motion, Atlantis Computing, and Elina Networks. It is now in the process of incubating inhouse, a firm focused on mentoring SMEs using an IT-enabled platform.
Currently there are few funds targeting the early stage investment opportunities. They include Seed Fund ($10 million), Erasmic Fund, and VentureEast Tenet Fund II.

1.New breed of VC firms focusing on bottom rung of start-ups - Money ...
19 Aug 2008 ... Venture firm Mentor Partners, an early example of the mentorship model in India, began with consulting for a fee but later raised its own ... - Similar pages
2. Advice for start-ups, real training for students - Economy and ...
4 May 2008 ... Starting this academic year, it will tie up with Mentor Partners, which works closely with and often funds early-stage start-ups in India ... - Similar pages
3. Learning to Venture | Entrepreneurship enters the campus ...
20 Jan 2008 ... Partners. Wall Street Journal ... director of TiE University, Bangalore, and founder of Mentor Partners, a firm that helps very early stage ... - Similar pages
4.VC firms seek experts to give start-ups a leg-up - Money Matters ...
Mentor Partners, for example, has a 14-member mentorship council comprising experts such as telecom technology company Vanu Inc.’s president and CEO Vanu ... - Similar pages
5.This media portal presents views from youth perspective ...
But, how they (The Viewspaper team) would scale it up remains to be seen,” says Ravi Narayan, managing director of Bangalore-based Mentor Partners, ... - Similar pages
  Mentoring at a mouse-click
Daily News & Analysis: Money News
Friday, October 27, 2006
  Matrix closes $150M for India
Red Herring
August 1, 2006
  Seed funds sprout as VCs prove big
Daily News & Analysis: Money News
Wednesday, July 26, 2006
  Seed Funds in India
Sramana Mitra
June 23, 2006
  Mentor Partners
Technological Musines
June 04, 2006
  New Seed Funds: Right time, Right Place, Right Model
Venture Intelligence Blog
December 24, 2005
  Peacock Partners All Set To Launch Its $75 Million Venture Fund In ...
26 Dec 2005