Exclusive: Gone are the days of fancy offices, lavish team outings post funding: Prerna Bhutani, India Quotient

Four years, 26 investments and two exits later, early-stage investment firm India Quotient is already gearing up for this third fund, which is expects to close next year. Based in Mumbai, the venture capital firm has already exhausted half of its second fund of $20 million, which is closed in September, 2015.