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Venture Capital

A Shakeout In Indian VC Is Long Overdue

by livemint.com posted 1year ago 433 views
It isn’t common for venture capitalists in India to worry about losing their jobs. Lately, however, that’s changed. Ever since a top-rung fund manager at one of the country’s largest venture capital shops was shown the door—his investments, a gaggle of mostly consumer Internet bets, haven’t performed as well as the firm would have liked—the local brotherhood of venture capitalists has been on the edge.