It's difficult to make desired returns in the listed equity, says Equanimity Investments' Rajesh Sehgal

With the Indian equity market trading close to its top and the start-up and venture capital industry in India unable to deliver desired results, Rajesh Sehgal, ex-Franklin Templeton fund manager that used to handle private equity capital and a part of the emerging market groups at Franklin Templeton has ventured on its own to set up Equanimity Investments, a venture capital firm that would focus on investing in early stage growth company.