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People | 23 April 2013

Somak Ghosh Quits Motilal Oswal PE; Launches Impact Fund

by Paritosh Gajjar
Somak Ghosh Quits Motilal Oswal PE; Launches Impact Fund
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Somak Ghosh is setting up Contrarian Capital India Partners and has quit Motilal Oswal PE, startupcentral states.

The firm's debut fund, dubbed Contrarian Opportunities Fund I, is targeting a corpus of $50 Mn and will seek to make early stage impact investments.

The fund will make investment in Series A stage and invest between $500,000 and $5 Mn in each company over multiple rounds. The investment will be made in education, healthcare and agri-businesses sector.


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