Suhail Sameer, the outgoing Chief Executive Officer (CEO) of BharatPe, will launch a new early-stage Venture Capital (VC) fund primarily to invest in consumer tech and fintech companies, a report in the Financial Express (FE) said. Two other former co-founders of BharatPe will reportedly join him in the venture.
Sameer told FE that the VC fund will have Indian as well as global investors, but will be domiciled in India.
"I'm launching the fund along with two of my friends who are also ex-founders and prolific investors...We are going to put a large part of the capital ourselves (unlike traditional