Aiming global disruption, billionaires are ready to invest in Indian, American and Chinese tech companies
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An influential group of high powered Asian billionaires and family offices is investing in tech companies based in India, China and the US with the potential of global disruption and expansion. However, these Asian billionaires are only interested in those tech companies who are mulling an Initial Public Offerings (IPOs).
These investments are going into those companies which are looking for growth capital to propel their business. The goal is to make an investment, some months ahead of their IPO, said
Amanat, 35, said K2 Global, a venture growth firm, has attracted a club of marquis billionaires. It combines venture capital and
"Our focus is on companies with hyper advanced technologies that would shape the economies of India,
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K2 Global is rapidly expanding, with partners in Singapore and Silicon Valley. It has already invested close to $50 million in tech companies in just the past 90 days, he said.
Amanat believes the tech-heavyweights in the world's three main markets, India, China and the US, should get more equity growth capital to help launch them to the next level of technological disruption.
(Image: Indiatimes)
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