The recent spate of exits at the newly independent VC firm is not a surprise. It is a reset for a fund that’s so far operated as if it is special and now has to adjust to new realities.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
Limited time offer $125 $99 for 1 year
Your tax money should go into making your life better. It would appear it is instead funding the lifestyle of venture capitalists and founders of uncertain, loss-making businesses.
A newly announced Rs 10,000 crore fund of funds is aimed at boosting startup growth.
The nearly two-decade-old investment platform will not make any angel or pre-seed investments anymore. Its closure tells the larger story of the state of angel investing in India.