News: Churn expected in venture capital industry

Strategic HR

Churn expected in venture capital industry

The churn in venture capital industry could continue as investment professionals begin exploring options outside the space, driven by a mix of opportunities offered by new economy ventures, increased early-stage investing and poor performances by funds themselves. Earlier this month, Kanwaljit Singh, senior managing director at Helion Venture Partners, became the latest high-profile name to quit a storied investment firm. It has been rumoured that he will be starting his own consumer and consumer technology-focused seed-stage venture. The announcement comes at a time when Helion, which manages assets of over $600 million across three funds, has increasingly turned its investment focus on mobile and technology ventures, while Singh, a veteran in the VC stakes in India, is primarily known for his consumer bets.

The churn in venture capital industry could continue as investment professionals begin exploring options outside the space, driven by a mix of opportunities offered by new economy ventures, increased early-stage investing and poor performances by funds themselves. Earlier this month, Kanwaljit Singh, senior managing director at Helion Venture Partners, became the latest high-profile name to quit a storied investment firm. It has been rumoured that he will be starting his own consumer and consumer technology-focused seed-stage venture. The announcement comes at a time when Helion, which manages assets of over $600 million across three funds, has increasingly turned its investment focus on mobile and technology ventures, while Singh, a veteran in the VC stakes in India, is primarily known for his consumer bets.

Read the Economic Times news report here.

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Topics: Strategic HR, #Current, #National

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