Seasoned tech pros partner VCs for a piece of the startups action

Indian venture capital firms have a new wave of limited partners who are not family offices, founders, or institutional investors – technology professionals.

Firms such as NuVentures, 247VC, and Wyser have a significant and growing share of investments from professionals who have spent over a decade in the sector in India and the US, looking to ride the startup wave.

Technology professionals wanting to be LPs in VC firms, while common in the West, is a rising trend in India, investors said.