Cooperation and Competition in International Private Equity

Tags : competition, private equity, vc, capital, venture, venture capital, venture capital jobs,fund, venture capital funding, start up, angel investors, investors, hedge fund,

Industry : Hedge Funds/VCs/Private Equity
Functional Area : VC funding

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FINO to raise up to $20 mn from private equity funds

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Mumbai-based Financial Information Network and Operations (FINO), which provides technology solutions such as biometric smart cards for banks, plans to raise as much as $20 million (Rs102 crore) from private equity funds to increase the number of customers it serves fivefold in two years. “We are in the process of dialogue with a few people. We are looking to raise $15-20 million and it should be finalized in the next couple of weeks,” said Rishi Gupta, chief financial officer and president (sales and marketing) of FINO. Gupta declined to reveal the identities of the likely investors. He said two parties would be infusing funds into the company, whose technology solutions have so far helped...

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Cooperation and Competition in International Private Equity

Share your thoughts on competition, private equity, vc, capital, venture, venture capital, venture capital jobs,fund, venture capital funding, start up, angel investors, investors, hedge fund,