Battery Ventures to open India office

Recently promoted partner Ramneek Gupta will move to Mumbai to set up the venture capital firm's India office by year end.

US-headquartered venture capital and private equity firm Battery Ventures is opening an India office which will be headed by BatteryÆs partner Ramneek Gupta.

Gupta will move to Mumbai from California to start the office by the end of 2008. He was promoted to partner recently alongside three other people promoted to principal at the investment firm.

Gupta is responsible for the firmÆs current India investments in Tech Process, a transaction and payment processing services firm Tejas Networks, an optical...

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