Bala Deshpande, 

Deshpande won’t specify the numbers but says that over the past one year, the “inherent value of NEA’s India portfolio has gone up 2X”. The venture firm invests in “deep-value” technology companies with big market opportunities. This year NEA put in Rs 125 crore in technology services companies. It assisted maintenance, repair, and overhaul (MRO) firm Air Works India’s buyout of Aero Technique Espace, a French aircraft painting company. The deal was closed in August 2013.