Bangalore -- Three months after he quit as the India head of US-based venture capital firm BlueRun Ventures, Mumbai-based Sasha Mirchandani has set up an early-stage fund to invest in start-ups.
"The venture capital space is getting crowded," Mr. Mirchandani said, adding he has started KAE Capital with a $20 million corpus. "There is a bigger need of capital in the early-stage space."
In New Delhi, Harish Gandhi last week moved from VC firm Canaan Partners, where he was an executive director, to join AIF Capital, a $450 million private equity fund.
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Author: Deepti Chaudhary
