InQvent Holding, an investment banking firm announced its plan to incubate and invest in three new age ventures this year. Their earlier investment was in pre and post hospitalization service providing company Alacurity. With the recent budget announcement of relaxing VC fund regulations, the company is keen on lending its services to new knowledge driven, youth oriented business ideas and fortifying them in the initial growth stage.
Shyam Znwar, spokesperson, InQvent Holding defined the potential contribution they are set to make with their future investments. “We are looking to concentrate our investing activities on providing seed & first round funding upto $ 1 Million for new age ventures. Our partners will avail themselves for hands on management & operations. We are also looking at mid size investment targets for growth funding where we would arrange the funding in $10-50Mn. through our international funding network.”
InQvent has created an incubation fund through their network while it’s investment banking activities offers a broad range of strategy consulting, investing and business re-engineering services that include business, financial and strategic advisory to its valued clients on issues of mergers and acquisitions (domestic and cross border), private equity, venture capital, debt syndication and related areas. The InQvent team comprises qualified team of experienced professionals with diverse skills clubbed with strong distribution capabilities that further lend to their expertise for inorganic growth of clients.
InQvent’s global clientele base extends to more than 100 Indian mid and large corporates across the sectors, including public and private corporations, private investor groups, family groups, individual investors, leveraged buyout firms, venture capital firms, commercial banks, & finance companies, etc.
The partnership with InQvent will accelerate the pace of growth for these new ventures. It will provide intrinsic value to board and capitalize its strength of providing accelerated growth to companies by way of the inorganic growth model.