The venture, which was being sculpted over the last one year, has already witnessed investor attention with cricketer Kapil Dev, Bay Capital Founder Siddharth Mehta and others investing $3 million as Series A investors. Further, the venture is already in initial talks for Series B funding.
The shock that the coronavirus appears to have caused on the global markets is unmatched in recent memory, according to Siddharth Mehta, founder and CIO of Bay Capital. Its continued impact on social connection and mobility has only heightened the sense of panic, which is amply represented in financial markets.
Siddharth Mehta, Founder & CIO of Bay Capital said "While business sectors might well go down further, contributing when frightened is one of the hardest activities. It is through this dread that one should think reasonably and hope to purchase extraordinary organizations which are unleveraged, which are heavenly capital allocators with the most elevated administration principles and which won't simply get by however come out more grounded over the course of the following 5-10 years and subsequently possibly give outsized re-visitations of the fearless financial backer,"
Siddharth Mehta, CIO of Bay Capital says UPI stage has changed the existences of millions of Indians and assisted the country with taking a quantum jump bypassing the whole installments venture from money to checks to charge cards to wallets to P2P!
If you are planning to invest in your startup, then you must look into what Siddharth Mehta, founder and CIO of Bay Capital said at The Financial Express News.
Siddharth Mehta who is a former director of IL&FS and runs a private equity and long-only public markets investment practice, according to its website. Its present and past portfolio companies include Sterling Holiday Resorts, Vini Cosmetics, IL&FS Energy, Intellivate Capital Ventures and the South and West India franchisee for McDonald’s Westlife Leisure Resorts, according to VCCEdge, the data research platform of VCCircle
Siddharth Mehta says Bay Capital has invested in areas such as consumer, digital, finance, outsourcing, and health. Among others, Policybazaar.com has investors of the likes of Info Edge, Premji Invest, Temasek, Ribbit Capital, Chiratae, Inventus Capital Partners, True North, Tiger Global, Wellington, and Steadview.
