Tag: Pankaj Jain

VC fund 500 Startups puts India on hold citing tax issues

Bengaluru: Silicon Valley-based venture capital fund and accelerator 500 Startups has put on hold its plans to raise a $25 million India-focused fund, Kulfi, citing taxation and regulatory reasons. Run by Dave Mcclure, one of the most prolific seed investors in Silicon Valley, 500 Startups has re…