Sandeep Murthy launches Lightbox. Are Kleiner Perkins and Sherpalo exiting India?

Mumbai based Lightbox Ventures is the newest entrant to the Indian venture capital market. The barely a month-old firm has some familiar names at its helm. The team is headed by Sandeep Murthy, who just stepped down from Sherpalo Ventures where he led the India investments for US based venture capital firms Sherpalo and Kleiner Perkins Caulfield and Byers.

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