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Omidyar Network to halt India investments
short by Harsh / on Tuesday, 12 December, 2023
Investment firm Omidyar Network, started by eBay founder Pierre Omidyar, has decided to stop taking new bets in India. It entered the Indian market in 2010 and is recognised as an early backer of unicorns like Dailyhunt and DealShare. Its local portfolio comprises over 50 companies and has recorded returns of $250 million on a total investment of $500 million.
read more at The Arc