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At least 38 partners and top executives moved out of VC funds this year highlighting the churn caused by the challenges in the technology sector.
This comes at a time when Saleem Asaria has also stepped back from daily operations, per sources who added that Raghav Rungta has already left Lightrock. Ashish Garg left in September 2022 to join a startup.
Venture Highway Meesho: Venture Highway first invested in Meesho in 2015. The exit comes just days after Venture Highway co-founder Samir Sood stepped down as a partner of the firm. At the same time, it had appointed Priya Mohan as the managing partner.
Venture Highway first invested in Meesho in 2015. The exit comes just days after Venture Highway co-founder Samir Sood stepped down as a partner of the firm. At the same time, it had appointed Priya Mohan as the managing partner.
Dunzo is seeking approval to raise $35 million via a rights issue, but some of its investors feel the cash-strapped startups valuation be slashed to about $200 million for the financing to happen. This and more in todays ETtech Morning Dispatch.