One of the largest global funds in Southern California, March Capital Partners founded by Jim Armstrong, Sumant Mandal, Gregory Milken, and Jamie Montgomery, is now focusing on startups in India in the areas of data science, machine learning, and artificial intelligence.
In an interview with the Economic Times, Mandal said, “There are very exciting opportunities coming out of India. India has very strong talent within these spaces. That’s going to be very important areas for us to look at.” A team in India will help the VC expand its portfolio, and Mandal explained, “As we develop our portfolio in the country, we will definitely look to have people on the ground.
Many leading global late-stage VC firms such as Temasek Holdings, DST Global, Tybourne Capital, FTV Capital, Generic Atlantic and many more have invested in India. Along with Temasek Holdings, March Capital Partners had co-led a $145 million Series E funding round in online automobile trading startup CarTrade, last year reports Inc42.
Last updated: December 26th, 2025
