CaratLane’s Mithun Sacheti, Binny Bansal back Xeed as Indian founders turn big local sponsors of funds
ETtech.com - 2024-04-15T00:31:00.000Z

India’s startup and technology ecosystem is witnessing the emergence of a growing pool of influential founders turning into funders by backing multiple domestic funds. In the latest instance, CaratLane founder Mithun Sacheti and Flipkart cofounder Binny Bansal have become anchor LPs (limited partners) in Bengaluru-based Xeed Ventures, an early-stage fund run by Sailesh Tulshan, said multiple people in the know.The Rs 600 crore fund, formerly known as 021 Capital, has also roped in Premji Invest...

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Call of Duty’s IW engine is holding back the franchise and it’s Warzone’s fault