Nisus Fincorp, the non-banking financial arm of private equity fund manager Nisus Finance, today said it has made its maiden investment of USD 2.5 lakh in coworking startup ClayWorks Spaces Technologies.
"The USD 2.5-lakh investment is a part of our strategy to back high-growth startups and early-stage firms through our new NBFC. Our endeavour is to bridge their cash flow mis-matches through our capital engagement," said Amit Goenka, managing director and chief executive officer, Nisus Finance.
The Bengaluru-based startup plans to utilise the funds to operationalise its new boutique shared office space in Bengaluru and expanding into two new centres, he said.
******************* Arrivae to invest Rs 50 cr in 2 yrs to set up 200 stores *
******************* ItzEazy, Bikes4sale tie up for RTO service for used bikes *
Disclaimer: No Business Standard Journalist was involved in creation of this content