When Rajesh Sehgal decided to dabble in angel investing about 10 years ago, it was just another way to broaden his personal investment portfolio. This February, after 24 investments and seven profitable exits, Sehgal bid adieu to a 17-year stint at Franklin Templeton Investments’ India arm to strike out on his own in the venture capital business. Equanimity Investments, his Mumbai-based firm, is now on the road to raise a $30-50 million debut fund.
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