Friday, August 03, 2007

Chryscapital raises new fund

It seems chryscapital has raised its new 1bn dollar fund making it a
first for india. It will be really interesting to see how they deploy
this. In my personal opinion making such large investments in india is
really difficult without dealing with the family rich in india who are
control freaks and unethical by and large with lots of family and
emotional baggage. There is a new india but deploying such a large
amount of capital in 3-4 years is bound to be difficult. However,
these guys are some of the smartest in the business. I guess we're
seeing history in the making here.

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