The Chennai based Billionaire Venture Incubation and DBS Bank are signing an MoU today to facilitate investment
The Chennai based Billionaire Venture Incubation and DBS Bank are signing an MoU today to facilitate investment
Billionaire Venture signs MoU with DBS Bank
Chennai, 14 Sep. 2022
The Chennai based Billionaire Venture Incubation and DBS Bank are signing an MoU today to facilitate investm ent in the fast-growing startups in India through a Special Purpose Vehicle (SPV) formed by this joint venture in the form of equity.
Dr. Subhash Sukumar, Board Member, Billionaire Venture Incubation said, “The newly formed joint venture will earmark about $200 million in collaboration with DBS Bank to extend capital for about 150+ startups in Tamil N adu, Karnataka and Maharashtra initially. Plans are also underway to expand to northern part of the country at a later date”.
Besides ...
