
Prudent Investment Managers Planning to Establish a Fund of INR 500 Cr for Early-Stage Startups
Prashasta Seth, the former CEO of IIFL Asset Management, formed Prudent Investment Managers, which has launched a fund of INR 500 Cr, or around $57.8 million, to invest in early-stage companies. Seth told a media outlet that the fund, which will be a Category II Alternative Investment Fund (AIF)