Naya Ventures Launches New 250 Crore Rupees ($50 million) Fund Focusing on the Mobile and Cloud Markets

Naya Ventures Launches New 250 Crore Rupees ($50 million) Fund Focusing on the Mobile and Cloud Markets PR Newswire HYDERABAD, India, December 6, 2012 HYDERABAD, India, December 6, 2012 /PRNewswire/ -- Naya Ventures, a new type of venture capital fund specialising in early stage companies in the mobile and cloud markets, today announced its first closing for its 250 Crore Rupees ($50 million) fund. Headquartered in Dallas, with offices in Silicon Valley, Seattle and Hyderabad, India, Naya takes a unique approach from the typical venture capital fund to lead by collaboration. Combining the features of a venture capital fund with those of a private equity firm, Naya not only provides capital to early stage companies, but also the industry experience and relationships at the concept stage in their development to help jumpstart their growth to the next level and beyond. Naya helps connect entrepreneurs with the necessary key players in big companies, from internal product marketing and development all the way up to C-level executives, leveraging its own extensive operational experience, product development expertise and network of strategic relationships to help entrepreneurs grow their companies and accelerate value creation. At a time when many funds have struggled or even closed, the value of Naya's portfolio companies have created significant value and all its portfolio companies have gone straight to Series A or B funding.