Ex HCL CEO Anant Gupta doles out Rs.100 Crore fund for new tech ventures

Ex HCL CEO Anant Gupta doles out Rs.100 Crore fund for new tech ventures

Posted by P. Charitha on October 24th 2016

Former HCL Technologies Chief Executive Officer, Anant Gupta has founded a new investment firm - Techcelx and has set up a Rs 100-crore fund to support ventures which will focus on developing net-gen digital technology products & platforms. 
 
According to reports he plans to pursue his long-term goals and passion towards promoting our country's entrepreneurship and innovation potential in the technology space in his new role as the Founder Chairman and CEO of Techcelx . 
 
The company will invest between Rs 50 lakh and Rs 10 crore in its disruptive technology ventures and the shareholding will range between 15 % and 51 across three main sectors of health care, finance, energy, education and media & telecom ,with focus on companies which are into specialised technologies like machine learning, IoT (Internet of Things), AI , data analytics & data science, supply chain & logistics and automation. http://www.techcelx.com/

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