Early-stage seed fund Astarc Ventures plans to invest about $3 million this year in about 10 start-ups, the company's Executive Director Salil Musale told Business Today in an interview.
Astarc Ventures, the strategic investment arm of the Mumbai-based automotive solutions group, recently launched a seed fund with a corpus of $2 million, and plans to invest in early stage technology startups in mobile payments, digital healthca...
With a networth of over $ 400 Million (Rs 2500 crore) Astarc Group is venturing in to diversified sectors such as Private Equity,Mining, Agro, Real estate, Power, Ports, IT enabled services in India, East Africa, USA, and Indonesia.
Mumbai-based Astarc Group, which commenced its operations 33 years ago, is bitten by the startup bug in the country and wants to bet big on the segment. The Rs 500-crore group deals with automotive decals.