VC firm 500 Startups is currently in the process of raising $200m for its fourth global fund, and could secure IT services provider Infosys as a limited partner.
India-based IT services provider Infosys is considering investing in venture capital firm 500 Startups’ $200m Fund IV, the Times of India reported on Monday.
The firms are said to be in advanced talks, though neither have officially confirmed the news. 500 Startups first submitted a regulatory filing for Fund IV in September 2015, the same month as it closed its third global fund at $85m, and is seeking $200m.
Infosys plans to co-invest with 500 Startups in digital technology startups.…