A Typhoon Of Indian Venture Capital?

Successful emigres are paving the way for new tech companies

In Silicon Valley, he is just one of countless technology entrepreneurs who have hit it big. But in India, Kanwal Rekhi is a near-celebrity. When he and a group of other Indian-American tycoons spoke at an informal venture-capital seminar in Bangalore in December, for example, they were mobbed by aspiring software entrepreneurs. They saw 500 business plans that day. "I felt like a movie star," Rekhi jokes.

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