Binny Bansal plans to launch $300-400m VC fund focused on India, SE Asia

Binny Bansal plans to launch $300-400m VC fund focused on India, SE Asia

Flipkart co-founder Binny Bansal. Photo: Hemant Mishra/Mint

Binny Bansal, the erstwhile co-founder of Indian e-commerce company Flipkart, is preparing to launch a venture capital (VC) fund worth $300-400 million, which will focus on startups that are in need of growth capital in India and Southeast Asia, The Times of India (TOI) reported quoting sources.

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