Venture capital firm Norwest Venture Partners (NVP), which invests on behalf of bank Wells Fargo, has reinvested in its first investment in India by backing Perfint Healthcare, a firm set up in 2005 making medical equipment to detect cancer.
NVP invested $11m in Perfint’s series D round.
In July 2010, NVP had led the $7.2m series B round in Perfint, which included participation from previous investors, VC firm Accel Partners (India) and IDG Ventures India, a $150m country-focused corporate venturing…
