
CosmicTaco
Ex-Omidyar Execs Launch Prana Ventures in India
- Former Omidyar Network executives have launched Prana Ventures, a new venture capital firm focused on impact investing in India.
- Prana Ventures will manage Omidyar Network's remaining India portfolio and invest in early-stage tech startups across various sectors, including Financial Inclusion and Education.
- Despite the competitive VC landscape, Prana Ventures aims to support new-age Indian companies, particularly targeting the bottom 60% of the income pyramid.
Source: Moneycontrol
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