Financial services business Equirus launches the $25 million Equirus InnovateX Fund (EIF).
With a major concentration on B2B themes, Software as a Service (SaaS), Deep Tech, Fintech, and various other growing industries are among the key funding themes for Equirus InnovateX Fund (EIF), as reported by BW Disrupt.
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“Post 2022, there has been a discernible shift in investment approach. We expect this recalibration in venture investing to continue. Capital deployment will remain cautious and favour sustainable business models with robust monetization potential. We believe that Equirus InnovateX Fund is more than just a financial investment; it’s a strategic partnership aimed at catalyzing innovation, fostering growth, and contributing to the success stories of the next generation of tech leaders. By combining financial backing with a wealth of experience, mentorship, and industry connections, EIF is poised to make a significant impact in the tech start-up ecosystem,” said Sunder Nookala, Early-Stage VC, and Head Tech and Digital at Equirus.
The organisation supports seed-stage tech firms. Equirus InnovateX Fund supports creative entrepreneurs who want to create industry-changing solutions.
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With its institutional equities division and research desk covering over 192 stocks from various industries, Equirus has carved out a place for itself in a very competitive market. It is becoming more and more recognised by domestic and international institutional investors as the house to go for mid-cap firms.
About Equirus
Established in July 2007, Equirus Capital is a mid-market provider of full-service financial services, backed by notable investors. It was founded by Sunder Nookala and Sadhika Agarwal.
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