Aiming global disruption, billionaires are ready to invest in Indian, American and Chinese tech companies
Advertisement
Advertisement
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,
Advertisement
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)
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market