<ul><li>Contrarian Capital's managing director, Somak Ghosh, has joined the advisory board of Gemba Capital, a micro venture capital fund focused on early stage technology startups.</li><li>Ghosh, who has experience in fintech, will provide valuable insights for strategic decisions and governance at Gemba Capital.</li><li>Gemba Capital, founded in 2017, has invested in over 50 startups and recently launched its second fund of INR 250 Cr to invest in early-stage businesses across fintech, consumer tech, and B2B platforms.</li><li>In the first half of 2024, Indian startups raised $5.3 Bn across 504 deals, with a 23% year-on-year increase in seed-stage funding according to Inc42's H1 2024 Startup Funding Report.</li></ul>

Contrarian Capital MD Somak Ghosh Joins Gemba Capital Board

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