The House of Tatas is on course to pilot a new venture funding structure in the Indian market. The private equity arm within Tata Capital, which is set to launch two to three funds this year, plans to leverage the expertise of a diverse pool of people working in nearly 100 companies that are part of the Tata group. Under the new model, apart from infusing money into companies selected by Tata Cap PE for funding, the PE arm will also try to bring in experts from within the group to help these portfolio companies grow faster. The PE fund could also try and test some of the technologies emerging from its portfolio companies with the group companies to check commercial viability before taking it to the market. In contrast, under the prevailing model, PE funds put money into companies in their portfolio and help partly with the management. In some other successful cases in India like in Bharti Airtel and Gujarat Ambuja Cements the venture funds just put money while the management was solely with the promoters. […]