Sanjay Nayar & Angad Banga On What’s Common Between Them: VC Fund Sorin, Nykaa, Startups, KKR & More
Sanjay Nayar, Founder, Sorin Investments and Angad Banga, Chief Operating Officer of Hong Kong based diversified firm, The Caravel Group, speak exclusively to Moneycontrol’s Ashwin Mohan on their latest project together – $135 mn venture capital fund Sorin Investments which will back early stage tech startups. The Nayar and Banga family go back a long way as both Sanjay and Angad worked together at private equity firm KKR and The Caravel Group is Nykaa’s first and largest external investor. The Caravel Group also backs Meesho and NBFC FlexiLoans. Both spoke about: 1) Why launch a VC fund now…