Source : Nexus India Capital TiE Announces the Launch of Special Interest Group to Promote Entrepreneurship in Clean Technology Mumbai, Maharashtra, India -- (Business Wire India) -- Monday, September 01, 2008 6:30:00 PM TiE (The Indus Entrepreneurs) Mumbai today announced the launch of their new Special Interest Group (SIG) focused on building a Clean Technology ecosystem in India. The SIG is sponsored by Nexus India Capital, India’s leading venture capital fund with offices in Menlo Park and Mumbai. The CleanTech SIG aims to bring together entrepreneurs, industry, academia, consultants, investors and policy makers in the areas of Renewable Energy and Energy Efficiency, Water Management and Recycling, and Sustainable Agriculture. Given the need for affordable and mass deployable energy and water solutions, this is an apt time to create a platform which energizes all the stakeholders and involves them in finding solutions for problems resulting from green house gas emissions, a depleting water table and a wide mismatch between energy supply and demand. The SIG will give its members a platform to interact, share and disperse knowledge and views on CleanTech. To enable that, the group will regularly host networking sessions, workshops, guest lectures and organize trips to various CleanTech related companies and organizations. The SIG held its first event on August 30th with Prof. Rangan Bannerjee, Head of the Energy Systems Department at IIT-Mumbai and Mr. Raghupathy of CII-GBC making presentations on renewable energy and green buildings respectively. Apart from creating more awareness and knowledge, the SIG aims to foster innovation and cleantech entrepreneurships among its members and to build a very active CleanTech ecosystem in India. About TiE (The Indus Entrepreneurs) Mumbai: TiE is today one of the world’s largest organisations for Entrepreneurs with 49 chapters across 11 countries (13 chapters in India) and 14,000+ members worldwide. TiE Mumbai (www.tiemumbai.org) is one of the most vibrant and fastest growing TiE chapters in the global TiE network. TiE Mumbai conducts regular and frequest programs every month to help aspiring, budding, growing Entrepreneurship through mentoring, education, and networking. About Nexus India Capital: Nexus India Capital is the leading early stage Indian venture capital fund based in Mumbai and Menlo Park, California with $320m dollars under management. Nexus is founded by CEOs of successful high growth global companies - Naren Gupta, Sandeep Singhal and Suvir Sujan. Nexus has invested in over fifteen companies in domestic consumer and business services, technology, media and CleanTech. Its Cleantech investments include Suminter India Organics and DLight. Issued by Sampark Public Relations, on behalf of Nexus India Capital. Media Contact Details Naznin Prodhani, Sampark Public Relations, +91 (022) 22025550, naznin@sa,park.com Naireen Ahmed, Sampark Public Relations, +91 (022) 22025550, naireen@sampark.com Submit your press release at http://www.businesswireindia.com