Vani Kola, managing director of Kalaari Capital, recently wrote a blog on LinkedIn thanking Harsh Jain and Bhavit Sheth, founder of Dream 11, for allowing the venture capitals (VCs) to play a part in the start-up’s journey. “Starting with a Series A investment, you have already returned $206 million to our limited partners (LPs), with upside potential to the tune of multiple folds for our shares still locked into the company; thank you for that,” she wrote.
This is not just the case of Kalaari Capital. Covid-led disruptions that stalled exit plans in early 2020 for many PE and VC players

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