SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • CafeAlt VCs eye tech driven companies

    VCs eye tech driven companies

    Artificial intelligence, internet of things and financial technology companies are among the venture capitalists top interests.
    Bhakti Makwana Aug 22, 2019

    Industry observers believe that venture capital firms are increasing their exposure to innovation generated technology sector apart from the most favoured real estate and infrastructure sectors.

    “The domestic VC industry is today focussed on areas where there is a wave of disruption and innovation happening led by trends like smartphone penetration, digitisation, data consumption and so on. This has led to reduced interests in sectors like healthcare, retail, finance, education, media and many others,” said Gaurav Awasthi, senior partner, IIFL Wealth. 

    Venture capital funds exited 10 e-commerce start-ups, 24 technology ones and 34 financial services startups in 2018, said Gaurav. 

    Amit Patni, director of Campden Family Connect agreed on investment strategy in technology driven sectors while he says that most ultra HNIs are exploring newer avenues like big data, internet of things, artificial intelligence and fintech space through VCs.

    Another preferred sector among VCs is real estate. “There are large investments currently being done by offshore and institutional PE/VC funds in commercial real estate and infrastructure assets. These investments are being done with an objective of locking long term attractive yields,” said Gaurav.

     

     

     

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.