Norwest Venture Partners to step up India investment

MUMBAI: Norwest Venture Partners, one of the largest venture capital firms globally which has invested $700 million (about Rs 4,730 crore) in the country so far, will step up startup investments here in 2016. “In the past 15 to 18 months we have not been investing actively. We had put in less than $60 million (about Rs 400 crore) here last year.