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Saturday, December 21, 2024 | 06:47 PM ISTEN Hindi

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JPIN launches funds worth $150 mn to promote startups in India, worldwide

The company's investment plans aim to connect start-ups and small businesses worldwide to encourage innovation.

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Peerzada Abrar Bengaluru
JPIN, an investment bank for start-ups, has launched two strategic funds for promoting start-ups showing potential in emerging markets, helping them with finances scale up their businesses to global levels.

The company’s $130-million JPIN Global Fund in the United Kingdom and a $20-million JPIN India Fund in India will connect some of the world's most ambitious start-ups and small and medium enterprises (SMEs).

With the $130 million Global Fund, JPIN aims to lead investment rounds by allocating its initial committed capital in start-ups from Pre-Series A onwards over a period of 3 years. The remaining capital will be set aside

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