India needs more local Venture Capital firms for stable ecosystem

Sudheer Kuppam has moved on from Intel Capital, chipmaker Intel Corp.’s corporate venture capital arm, to start his own venture, Epsilon Venture Partners. The firm’s debut fund will raise $400 million to invest in technology start-ups across Asia, including India. Singapore-based Kuppam takes the entrepreneurial plunge after 15 years of being at the helm of Intel Capital’s investments in India and the Asia-Pacific region.