HomeBusinessBillionaire Venture Capital, DBS Bank form JV to help start-ups

Billionaire Venture Capital, DBS Bank form JV to help start-ups


The newly fashioned three way partnership will earmark about $200 million in collaboration with DBS Financial institution to increase capital for about 150 start-ups in Tamil Nadu, Karnataka and Maharashtra

The newly fashioned three way partnership will earmark about $200 million in collaboration with DBS Financial institution to increase capital for about 150 start-ups in Tamil Nadu, Karnataka and Maharashtra

Billionaire Enterprise Incubation (BVI) has tied up with DBS Financial institution to facilitate funding in start-ups within the type of fairness. The newly fashioned three way partnership will earmark about $200 million in collaboration with DBS Financial institution to increase capital for about 150 start-ups in Tamil Nadu, Karnataka and Maharashtra and later to northern components of the nation, Subhash Sukumar, Board Member, BVI, stated in a press release.

The JV has recognized 16 verticals and can instantly give attention to fintech, edutech and different important areas. It might lengthen capital and likewise present know-how and training associated to the enterprise of latest entrants, stated Charan Kumar, Regional Phase Head, South India, DBS Financial institution.



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