India’s startup and technology ecosystem is witnessing the emergence of influential founders turning into funders. CaratLane founder Mithun Sacheti and Flipkart cofounder Binny Bansal have become anchor LPs in Bengaluru-based Xeed Ventures, an early-stage fund run by Sailesh Tulshan.

Fresh from his exit from the board of Flipkart, Binny Bansal is reportedly doubling down on his investments in India with his latest startup OppDoor. Bansal has made additional investments in Curefoods, increasing his stake in the company. He is also looking for CEOs to lead his new ventures, OppDoor and a venture offering offshore legal services.