Rishad Premji-managed Wipro Ventures, the $100 million venture arm of Wipro, India's third largest IT firm, has invested an undisclosed sum in Israel-based TLV Partners.
Based in Tel Aviv, TLV Partners, founded last year, has a corpus of $ 115 million and has invested in three startups so far, including Aqua, a virtual container security and Oribi, a Facebook ads analytics company. The firm specialises in linking Israel based startups with those of Silicon Valley, a key attribute that helps startups connect with the markets and potentially get acquired by large firms in the Valley.