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Binny Bansal to roll out $400 mn venture capital fund for SouthEast Asian startups

Flipkart co-founder, an entrepreneur turned investor Binny Bansal is planning to roll out a venture capital fund to target corpus of $400 million. The fund will focus on Indian and South-East Asian startups. Bansal will play the role of a General partner and investor in it. Bansal has already started pulling up a team together, and it also includes former Flipkart executive Rajneesh Baweja, according to the sources.