Byju’s, Playco and Ynsect.com receives fund with an undisclosed figure ~
New Delhi, Oct 27, 2020: Techbooze Consultancy, a leading service-based enterprise consultancy, starts facilitating investments heavily into the Start-up ecosystem; post the recent capital raise by its global investors. With their latest funding, Techbooze Consultancy is all set to disrupt the traditional functioning of the Start-Up ecosystem. The brand is on a funding spree with the help of their pool of over 421 global investors backed by the likes of Space Capital, the capital fund behind SpaceX, Bond Capital, and many others.
Techbooze will be investing heavily in Start-ups and the Real Estate sector; Byju’s, Playco and Ynsect.com receives fund with an undisclosed figure. Besides this, Techbooze will be helping to raise the partial funds for 3 key projects, which includes the construction of YMCA Bokaro Hospital (Hospital, Medical Institute, Research Centre), set to invest to the tune of INR 3,000 Cr, a residential project by Western Development Corporation, Kolkata with an amount of INR 1,000 Cr and for Western Development Healthcare (Social Welfare Project) will be funding approximately INR 3,000 Cr.
Speaking on the development Subhashis Kar, Founder & CEO, Techbooze Consultancy quoted, “Techbooze offers support for the start-up funding- right from deciphering the current stage of any venture, seed round or angel, to helping with investment plans, pitch decks, and go-to-market strategy for early-stage ventures”.
Apparently, today most of the Enterprises and publicly-listed entities have multiple channels to raise capital but at the same time, the early-stage start-ups are either bootstrapped or dependent on investors or venture capitalists. With Techbooze with its current funding will be able to navigate and helping in infuse new life to the start-ups, since lack of investor support can hamper the growth and some exceptional business models succumbed due to lack of funds.
“We at Techbooze are on a constant lookout for innovative business models and to support them in any way possible. And with the fresh funding, we’ll be able to invest and promote the start-ups in such trying times”, added Subhashis.