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Home » Techbooze keen on investing in desi start-ups

Techbooze keen on investing in desi start-ups

NT BureauBy NT BureauOctober 24, 2020No Comments
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New Delhi: Techbooze Consultancy said it has started facilitating investments heavily into the start-up ecosystem after the recent capital raise by its global investors.

Start-ups including Byju’s, Playco and Ynsect.com have already received funds with an undisclosed figure, the company said, adding that it will be investing heavily into start-ups and the real estate sector.

The brand is on a funding spree with the help of their pool of over 421 global investors backed by the likes of Space Capital, the capital fund behind SpaceX, Bond Capital, and many others.

Besides this, Techbooze said it will be helping to raise the partial funds for three key projects, which includes the construction of YMCA Bokaro Hospital with an investment of around Rs 3,000 crore, a residential project by Western Development Corporation, Kolkata with an amount of Rs 1,000 crore and for Western Development Healthcare with an investment of Rs 3,000 crore.

Techbooze offers support for the startup funding- right from deciphering the current stage of any venture, seed round or angel, to helping with investment plans, pitch decks, and go-tomarket strategy for early-stage ventures, Subhashis Kar, Founder-CEO, Techbooze Consultancy, said in a statement.

We at Techbooze are on a constant lookout for innovative business models and to support them in any way possible. And with the fresh funding, we’ll be able to invest and promote the start-ups in such trying times.

Most firms and publicly-listed entities have multiple channels to raise capital but at the same time, the early-stage start-ups are bootstrapped or dependent on investors or venture capitalists.

 

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