Karthee Madasamy, formerly head of Qualcomm Ventures' India fund, is set to shortly launch a new venture fund with $40m to $50m in capital.
Karthee Madasamy, former managing director and vice-president of mobile chipmaker Qualcomm’s strategic investment unit, Qualcomm Ventures, is set to launch his own fund, LiveMint reported yesterday.
The vehicle is expected to be between $40m and $50m in size and will operate out of Silicon Valley. It will invest in early-stage technology startups, though it is not yet clear if it will focus solely on opportunities in the US.
The fund is expected to launch within weeks, if not days, according…
