US-based Peesh Venture Capital launches its $50million fund and PVC Accelerator

DELHI, India - May 1, 2015 - PRLog -- New Delhi, 26^th March, 2015:  Peesh Venture Capital (PVC), a US-based venture capital firm focused on funding and nurturing passionate entrepreneurs and disruptive technologies announced a venture capital fund PVCII of $ 50 million (301 crore) for early-stage investments in India. With a vision to nurture the unparalleled surge in Indian entrepreneurship, PVC will focus on collaborative, long-term relationships with enterprises and support them from the earliest stages of business development through successful exit and beyond.

PVC aims to build India technology ventures in the IoT and Mobile space to break through into a competitive global market and in doing so, be part of India’s transformation into an economic superpower. Apart from the funding capital, the PVC portfolio companies will be able to leverage its operating experience, thought leadership, and deep global network of relationships across this range of high-value sectors. The start-ups working with the PVC Accelerator will be able to avail financial, strategic, technical and operational mentorship, located in Bangalore and Gurgaon. PVC typically invests from $100,000 to $5,000,000 from PVC II in exchange for equity in growth stage companies that fit PVC's investment criterion and PVC Accelerators invest $5,000-$100,000 in exchange for equity in start-ups that fit PVC's investment criterion.

Mr. Peesh Chopra- Managing Director, Peesh Venture Capital said, “India has emerged as one of the most promising entrepreneurial landscape globally. In the last 5 years, India has seen a rise of companies of global potential and acquisitions by global internet giants. This is indicative of the innovative technologies that the entrepreneurs are capable of building. We have launched the PVC II fund looking at the opportunities that the Indian ecosystem has to offer and the gap that we can fill by supporting new businesses that can put India on the global entrepreneurial map. We are very excited to launch the fund and are looking forward to work with some passionate entrepreneurs and bring forth ground-breaking ideas alive.”

The fund has a strong network of investors and mentors with expertise across a broad range of sectors including advanced machine and intelligence, aerospace & transportation, analytics & software, biotechnology & health, and consumer internet & media.

About Peesh Venture Capital

PVC invests in passionate entrepreneurs with disruptive ideas. PVC is currently investing out of PVC II, a $50 million (INR 310 Cr) fund focused exclusively on early stage investments in Ad Tech, E-Commerce, Gaming, Education, Mobile Apps, Enterprise Software, Wearables and Internet of Things (IoT).  The PVC Accelerators, located in Bangalore and Gurgaon, are physical and virtual co-work spaces in which entrepreneurs with disruptive ideas receive financial, strategic, technical and operational mentorship

helping them transform their ideas into a viable business proposition. The PVC Accelerators are on a constant look-out for start-ups from across the sectors like Ad Tech, E-Commerce, Social Media, Gaming, Education, Mobile Apps, Enterprise Software, Wearables, and Internet of Things (IoT).

Apply for PVC acceleration and funding here: http://peeshvc.com/contact.html

To know more about Peesh Venture Capital (PVC), please visit: http://peeshvc.com/index.html| (http://peeshvc.com/index.html%7C)PVC@Twitter.com

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