Private equity, venture capital firms strengthen teams after losing talent

Rope in people with operational expertise or exit track-record

Private equity (PE) and venture capital (VC) firms are strengthening their teams by inducting partners who could add value to the investee companies or elevating people with good track-record on exits.

Last week, Bangalore-based VC firm Kalaari Capital roped in Sreedhar Prasad from KPMG, where he was partner and head-consumer markets & internet business, advisory. Prasad will strengthen the team at Kalaari which has seen 3-4 exits over the last 12 months.

Last week, Fireside Ventures, which focuses on early-stage investments in the consumer space, roped in Dipanjan Basu as partner and chief financial officer, from Myntra and Jabong.

Basu