The investment will help start-ups build products and services to grow business and sustain financially Fund will be backed by IT professionals having deep domain expertise
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Tag: V Balakrishnan
Reliance Capital arm invests $1m in lending start-up Billionloans
Reliance Corporate Advisory Services, an arm of Reliance Capital, on July 3, said that it has made an investment of about Rs 7 crore ($1 million) in alternative digital lending start-up Billionloans Financial Services Pvt Ltd. This is the second major start-up investment, after Paytm, by Reliance…
Success rate among Indian start-ups is good: IT expert
Hyderabad: Mortality rate among start-ups in India is not alarming, and their success ratio is actually good and on par with global trend, said an expert in information technology (IT) industry. “In the start-up industry (in India), if you look at ten companies at least three or four will s…
इनफ़ोसिस के पूर्व सीएफओ वी. बालाकृष्णन ने लॉन्च की कम्पनी, SMEs को देगी लोन
इन्फोसिस के पूर्व सीएफओ वी. बालाकृष्णन अपनी नई कंपनी ‘बिलियन लोन्स’ (Billionloans) को लॉन्च कर रहे हैं जिसके माध्यम से बालाकृष्णन भारत के वैकल्पिक ऋण (lending) बाजार में प्रवेश कर रहे हैं। कंपनी का लक्ष्य एसएमई इकाइयों (SMEs) और उपभोक्ताओं को सहायता करना है, साथ ही उनको निवेशकों के साथ जोड़ने में …
Ex-Infosys CFO Bala to launch ₹1,300 cr offshore VC fund
Former Infosys CFO V Balakrishnan, who chairs India-based VC fund Exfinity, plans to raise a $150-200 million (₹1,000-1,300 crore) offshore fund to invest in start-ups that specialise in hi-tech enterprise solutions in the Indo-US tech sector. Exfinity has launched two funds of ₹125 crore and ₹27…
TV Mohandas Pai plans Rs 100-crore family office fund for technology startups
The Startup India initiative may well get a head start with investors showing an appetite to create additional venture funds in the country. Former Infosys Board member T V Mohandas Pai, one of India’s foremost angel investors, is finalising a family office fund which will look at seed funding t…