On 2nd anniversary of fracas with Tatas, Cyrus Mistry floats a VC firm

Cyrus P Mistry, the Shapoorji Pallonji scion, who was unceremoniously removed from the top job at Tata Sons on 24 October exactly two years ago, signalled a new beginning on Wednesday with the formation of Mistry Ventures LLP, a venture capital firm that would provide strategic insights and advice to businesses, incubate new ventures and provide seed, early stage and growth capital to start-ups in India and globally, said the newly formed company in a statement.

Ashish Iyer, Senior Partner, and previously Global Leader, Strategy Practice at the Boston Consulting Group will head the firm. Iyer has worked with companies