Iron Pillar's Prasanna on investing in a downturn and why LPs need more convincing

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Growth-stage venture capital firm Iron Pillar, which is a backer of startups such as FreshToHome and Uniphore, recently raised $129 million for its second fund, the Global Cloud Fund II, from limited partners (LPs) in the US, Europe and Singapore.  Overall, the VC firm has $500 million in assets under management. ......