Can India’s venture capitalists break from the herd?

Can India’s venture capitalists break from the herd?

VC word cloud. Credit:Barrie Entrepreneur Connect

Infosys co-founder Nandan Nilekani has joined venture capital firms Helion Venture Partners, Omidyar Network and Blume Ventures to invest an undisclosed sum in RailYatri, a mobile app designed to deliver services to train travellers. The funding comes within 10 months of the start-up raising an undisclosed sum in a seed round led by Helion. In all, it has raised about $3 million, say media reports.

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