Mark Sherman to quit Battery

The GP who led Battery's push into India will quit after 10 years with the firm. Guatam Patel will also resign, leaving Battery with just one India-focused executive.

Mark Sherman and Gautam Patel are quitting Battery Ventures' three-strong India investment team, leaving Silicon Valley-based partner Ramneek Gupta on his own.

Sherman and Patel will stay on through Fund VIII’s investment phase, which is expected to end in the first quarter of 2010. The fund closed on $750 million in 2008.

Share this