Industry veterans to venture out with SamVed VC with $50 million corpus

Amit Srivastava, a former investor at Ray Dalio’s Bridgewater Associates, the world’s largest hedge fund, has come together with LetsVenture’s Shanti Mohan, former Info Edge executive Vivek Khare and Silicon Valley-based Gagan Saksena, to launch early stage venture capital fund SamVed, targeting a corpus of $50 million. The fund will focus on backing startups across sectors such as financial services, healthcare, agritech, ecommerce, upskilling and ecommerce that are building for the socioeconomic group called India Two, which makes up the…