Dallas Venture Capital (DVC) is a cross-border venture capital firm investing in enterprise software product startups across the United States and India — headquartered in Hyderabad with a base in Irving, Texas. Founded in 2012 by Dayakar Puskoor, the fund's defining idea is a bridge between the two startup ecosystems: Indian engineering talent on one side, US enterprise customers and capital on the other.
Investment thesis
DVC's philosophy centres on hands-on guidance across business development, product and technology strategy — delivered through its DVC Advantage programme. The fund backs enterprise software product companies early and then works them hard on the two things that matter most for cross-border B2B: credible US go-to-market and enterprise-grade product discipline.
Sectors, stages and cheque sizes
The firm invests at seed, Series A and Series B, writing cheques of USD 2–10 million in early- and growth-stage companies. Sector focus spans AI/ML, cloud infrastructure, cybersecurity, DevOps, IoT, XR and emerging technologies, plus hospitality tech. Overall fund sizes are not publicly disclosed, though the firm has cited roughly Rs 1,000 crore (about USD 125M) of investment commitments being deployed, and its India vehicle received a Rs 60 crore commitment from the SRI Fund and NewcrestImage.
Notable portfolio
Portfolio companies include Disprz, Reeco, BluSapphire, Intellewings, VuNet and Hippo Video.
People
Dayakar Puskoor is Founder and Managing Director; Gokul Dixit serves as Venture Partner.
Credits and perks
No formal credits or perks programme is publicly documented; support comes through the DVC Advantage programme's business-development and strategy work.
How to engage
DVC's cross-border structure rewards founders who think in two markets from day one. The DVC Advantage programme is built for companies ready to sell to US enterprises — so arrive with an enterprise-grade product, referenceable pilots and a point of view on your US GTM motion. The USD 2–10 million cheque band covers seed through Series B, making the firm a potential multi-round partner. Hyderabad founders get geographic proximity; US-based Indian-origin founders get the reverse bridge. In both cases, the diligence will probe whether your product and team can genuinely operate across both ecosystems.
Why it matters for founders
Indian enterprise-software founders who want US customers — not just US capital — should look closely at DVC. The cross-border structure means your investor has actually sold to American enterprises and can open those doors. Come with a product that is already enterprise-ready, because this fund's value is distribution, not R&D.