Bartronics India Limited has announced a Memorandum of Understanding (MoU) with Bestvantage Investments, a pioneering platform offering secure and transparent access to alternative investments in startups.
This partnership aims to drive Bartronics’ growth and innovation, focusing on potential acquisitions in the fintech and insurance sectors to enhance their offerings and expansion strategies. Through this Memorandum of Understanding (MoU), Bartonics aims to increase its turnover to ₹66 crores.
The primary aim of the MoU is to leverage Bestvantage’s expertise in alternative investments and startup verification to uncover potential opportunities that align with Bartronics’ strategic goals. Best vantage will identify scalable businesses from Bartronics’ portfolio using its rigorous startup verification process and comprehensive industry insights, focusing on credible founders, sustainable business models, and indicators of potential unicorns. The criteria include third-party verification, industry descriptions, founder pitches, and long-term growth potential.
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Bartronics and Bestvantage plan to target market opportunities in the Urban & rural sector under Bartronics network, focusing on acquiring scalable startups that offer technological solutions to enhance connectivity and infrastructure.
This strategic focus aims to drive growth and innovation in underserved rural markets. In terms of credible founders and sustainable business models, the best advantage is seeking to deliver good returns over the long run for its investors through the mobile-first experience and additional applications expected in the future. The company focuses on credible founders, scalable businesses, and indicators of potential unicorns to create long-term investor value.
Mr. N. Vidhya Sagar Reddy Managing Director , Bartronics India Ltd, said: “This MoU with Bestvantage marks a significant step forward in Bartronics’ growth strategy. By leveraging Bestvantage’s expertise in startup verification and comprehensive industry insights, we can identify high-potential acquisition targets and synergies that align with our expansion goals. This partnership not only enhances our ability to make informed investment decisions but also positions us to integrate innovative technologies and solutions, driving long-term value for our stakeholders.”
Mr Raman Sharma Founder & CEO, Bestvantage Investments, said: “We are excited to partner with Bartronics through this MoU, which exemplifies our commitment to providing investors with credible and high-potential opportunities. This collaboration allows us to leverage our rigorous startup verification process and comprehensive industry insights to identify synergies and acquisition targets that align with Bartronics’ strategic goals. Together, we aim to drive innovation, growth, and long-term value creation for both companies and our stakeholders.”
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