The latest announcement will leverage the new-age investor’s portfolio by helping them expand into various segments and to get a better valuation for themselves
Arvog, a modern smart-tech-enabled diversified finance and venture growth investment company known to offer simple yet relevant Finance and Leisure products and services, has announced investment plans in cutting-edge tech start-ups. The latest announcement will leverage the new-age investor’s portfolio by helping them expand into various segments and to get a better valuation for themselves. Arvog has invested in 27 tech startups since the ‘Arvog Ventures’ inception 2.5 years ago.
The great Indian tech start-up story endures to grow and lead our country’s vision to be a 3 trillion-dollar economy. From D2C to cryptocurrency and healthcare, India’s success with start-ups has been reshaping the way the country looks at technological innovations. Regardless of the challenges posed by the global outbreak, primary-stage investment activity has been buoyant, with a significant increase in the average deal sizes and funding rounds closing in record time. Having capitalized into a number of segments in the industry, Arvog aims to emerge as a strategic investor nurturing start-ups towards their growth plans and has recently invested in startups from various sectors such as Blu smart(Mobility tech), Nemo – (Neo Bank Industry), Dhurva Space (Aerospace tech) etc.
According to Priyank Kothari, Director-Operations, Arvog “Considering the current scenario, Arvog has witnessed a lot of emergence in the Edu-tech space with respect to tech, something that the company has been doing since a decade. Our first tech investment was about 21 years ago during the dotcom period. With any investment coming in there are multiple factors that have to be considered. Every VCP firm would have their investment pieces in line before getting into any kind of venture. Through our investment strategies, we have fostered advancement for a couple of growth-based start-ups like Indi Energy, a company that is into producing lithium iron-based batteries that negate the need of contents for making a solar or electric based batteries for vehicular usage. This highlights Arvog’s overall thesis that revolves around the company’s vision of investing in brands armed with futuristic technology that will lead to a better and sustainable tomorrow.”
Source: Business World