Asia has the fastest growing economies in the world and by the year 2020 China and India will be the 2nd and 3rd largest economies in the world. The Gulf region is expected to be fifth largest economy by 2020. With the Government’s liberalization agendas and opening of markets there are opportunities for rapid growth in these economies. Some of the economies in Asia are growing at more than 6% GDP even in this recessionary period. The middle class is burgeoning in this region and it is hoped that by 2020 the technology gap between developed and developing countries in Asia would have narrowed further.

As, Asia represents a huge market and offers lower cost talent pool with tremendous opportunities for entrepreneurs, our initial focus will be to establish four additional innovation venture labs in Asia. They will be set up close to top research universities to engage faculty and brilliant students. These venture labs will have the opportunity to collaborate with our labs in USA and also with portfolio companies if there is some synergy. We will also invest in good startup companies in these regions.

Our investment focus in Asia will be in the Middle East and India. MWM Ventures Asia invests in companies in very specific sectors related to Technology.