Dallas Venture Partners has evolved and launched with a focus on the management of an evergreen fund investing in early stage and growth stage companies with cloud infrastructure, AI/ML, mobile and emerging technologies.
Serial entrepreneur Dayakar Puskoor will serve as the Managing Director of DVP while Abid Neemuchwala, the former CEO and Managing Director of Wipro, will join as Venture Partner.
DVP plans to make investments in cloud infrastructure, AI/ML, Iot, XR, and other emerging technologies in the range of US$ 2 million to 10 million both in early stage and growth stage companies. The pre-existing version of DVP was a venture capital platform that invested in twenty-one startups with multiple successful exits and with a combined portfolio enterprise value of more than US$ 1 Billion.
The vc firm will now provide support to its portfolio companies through co-investments from Silicon Valley investors, participation in incubator & accelerator programs, speaking and networking opportunities at industry and business conferences.
DVP’s model will provide continuous, and repeat investment opportunities to family offices, corporate venture arms, high net worth individuals, fund-of-funds, pension funds, institutional investors and entrepreneurs.
The firm has offices in Dallas/Irving & Hyderabad, India.