Varsha Tagare to be promoted to head of Qualcomm Ventures India and its $50m fund.
Karthee Madasamy, managing director at Qualcomm Ventures based in Bangalore, India, is leaving this month to set up a venture capital fund in the US.
He is being replaced by Varsha Tagare (pictured) as head of Qualcomm Ventures India and its $50m fund.
Madasamy’s past investments include Waze (acquired by Google) and Validity Sensors (acquired by Synaptics).
Tagare has taken on much of his portfolio and according to Qualcomm Ventures’ website manages investments in AppsDaily, Apalya, Birds Eye Systems, Housing.com,…
