Ex-Mirae Asset CEO Ashish Dave Floats ₹1,000 Cr Fund For Growth Stage Startups

Nearly a year after stepping down from the role of the CEO of Mirae Asset Venture Investments (India), Ashish Dave has launched his own venture capital firm to back growth-stage startups.

Called Sanskrit Capital, the Mumbai-based firm is targeting a corpus of ₹700 Cr to ₹1,000 Cr for its maiden fund, ET reported, citing sources. The fund will invest in Series B and Series C startups that have achieved product-market fit and are looking to scale.