Rise Capital begin operations in India; appoints Anuj Mehta has India head

Rise Capital has already invested in two Indian startups, TradeX and SaveIn, both in the fintech space.

San Francisco-based Rise Capital on Monday has announced its entry into the Indian startup ecosystem, with the appointment of Anuj Mehta as its India investment head to increase its activity gradually as it starts deploying capital.

Rise Capital, which is known for investing in emerging economies such as Latin America, Mediterranean and Northern Africa, South East Asia, and Africa, will be investing in India through its global fund III. The company has already invested in two Indian startups, TradeX and SaveIn, both in the fintech space.

“We are quite bullish on the Indian venture space and remain committed as we