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Omidyar Network To Invest $250M In Indian Ventures

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Citizen-focused legal services, public platforms on investor’s radar. : Bengaluru: Omidyar Network India Advisors, the Indian arm of the Silicon Valley-based impact investor, plans to invest roughly $250 million in Indian ventures and organizations over the next four-to-five years, as it looks to bet big on the country’s booming Internet ecosystem, a top company executive said. In an interview, Omidyar India partner and managing director Roopa Kudva said the firm will look to enter new areas and sectors such as citizen-focused legal services, property rights and public platforms.

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