Comment by Vatsal Gaur, partner, Pier Counsel, Adam Salkin, partner, Herzog, Fox & Neeman
Over the past 12 months it has been hard to keep up with the dizzying pace of growth in India’s tech sector. And Corporate India – led by the likes of Lodha Group, Bennett Coleman, Reliance and others – is getting in on the act through venture arms (so-called CVC or corporate venture capital). While the flow of capital from traditional ‘non-tech’ industries into the tech world is welcome, we cannot ignore how focused Indian CVCs appear to be on…
