Such options would give attention to companies like multi-channel commerce, provide chain and logistics, fintech, client insights and retail operations, mentioned Mahajan. The AIF, with a Rs 150-crore corpus, has acquired category-II registration from SEBI.
The Atlanta-headquartered SRV was based in 2019 by Sid Mukherjee who has additionally arrange a fund with BITS Pilani, his alma mater, and Kennesaw State College to supply non-dilutive funding to firms based by college students of the respective universities.
SRV has until now backed over 30 startups. Previous to that, Sid was co-founder and CEO of Software program Paradigms Worldwide (SPI), an organization that offered expertise options to retail companies. SPI was acquired by IT big Cognizant in 2018.
