The fund has already put more than $100 million into over 15 companies across the world, and it will continue to invest both locally and globally.
Big data, machine learning, and artificial intelligence will be a big focus.
Collectively they have more than 50 years of experience investing hundreds of millions of dollars in venture capital and private financings.
They have separately participated in investments in PayPal, The Rubicon Project, Internet Brands, and CrowdStrike.As for VR and AR, Mandal said the markets should hit a critical juncture in the next 12 to 18 months, as the price of hardware comes down and new players like Google and the Chinese come into the market.
March Capital Partners invested in Dojo Madness, an esports coaching platform that leverages big data and machine learning.Mandal said investments have to be global now.
March Capital portfolio companies include AppCito, App lariat, BillDesk, Bridg, CarTrade, Coho Data, Deep Forest Media sold to Rakuten , Dojo Madness, E8 Security, OpenHouse, Pensa Networks, Perspica, quick.ly, VeloCloud Networks, Vyng, and ZowDow.