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Tricks of the VC trade

The inside story of 500 Startups’ India adventure

The new fund failed to take off and all the top guns have left. What happened in the American VC firm that prompted the exodus?

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Shalini Prakash is the only member of 500 Startups left in India. Pankaj Jain, partner and India operations head, quit at the end of December 2016. Soaib Grewal resigned a few weeks before Jain. And the $25 million 500 Kulfi fund failed to set. A spokesperson told Economic Times in January 2017, “Due to recent…

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