Monday, June 23, 2008

Biz line: Venture capital firm Walden to re-enter India

"San Francisco-based venture capital (VC) firm Walden International – better known for its investment in Bangalore-based IT firm Mindtree Consulting – is re-entering India after a five-year-long hiatus. "

"It has appointed Rajesh Subramaniam, the erstwhile Chief Financial Officer of BPO firm Firstsource Solutions, as Managing Director (for India) – reflecting the increasing demand from the VC industry for senior officials with operational knowledge from diverse industries. "

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