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Former IFC exec teams up with Sangam Ventures cofounder to float VC fund

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Ruchira Shukla, a former executive at the International Finance Corporation, and Karthik Chandrasekar, the founder of climate fund Sangam Ventures, have partnered to establish a new venture capital fund called Synapses. The fund will concentrate on investing in startups operating in the areas of clean energy, sustainability, and climate resilience.