Of the $30 million (Rs 200 crore), the fund plans to raise Sehgal has raised Rs 70 crore of which majority funds are his own to showcase that he is serious player in the game.
Mobius was in Mumbai to announce his entry into the investment panel of city-based early-stage venture capital fund Equanimity Investments, in which he is an investor
Mumbai-based venture capital firm Equanimity Investments has made the first close of its debut fund at Rs 70 crore ($10.8 million), founder Rajesh Sehgal said on Monday
According to Mr. Sehgal mentoring is an integral part of investing. If you are investing , you should input your experience to your capital through mentoring
Mr. Rajesh Sehgal’s newest entity, Equanimity Investments, continues to invests in startups and early stage businesses across sectors and geographies
"Equanimity is doing a very interesting private equity investing focusing on new innovations, new technology and their fund has just started and I have invested in the fund" - Dr. Mark Mobius
As a member of the investment committee and a key investor in the fund, Mobius will be actively helping to evaluate investment proposals, directing investment and exit decisions