Funds raised by first-time GPs in India plunge 68% so far this year

Photo by Josh Appel on Unsplash

For first-time fund managers waiting in queue to raise capital for their debut funds, the going could not have been tougher.

After all, the COVID-19 crisis has not only thrown investments into a tailspin but has also prompted limited partners (LPs) to pull their purse strings amidst the recent fog of uncertainty.

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