Why Reliance is playing mentor and investor to a bunch of fledgling tech ventures - News Summed Up

Why Reliance is playing mentor and investor to a bunch of fledgling tech ventures


The presence of the next-gen Mashekar sits well with the Ambani scions, Akash and Isha, on the board of Reliance Jio. Ambani has planned to put together a fund; that in combination with GenNext Hub will be very powerful,” says Gururaj. “He loves to hear the ideas coming out of this hub,” says Mashelkar.Sanjay Mehta, an angel investor who has been actively involved as a mentor at Gen-Next Hub, talks of how some of the firms that he has invested benefited from the GenNext Hub. “A lot of comfort was given by GenNext Hub (on these two fronts),” says Mehta, who has a portfolio of about 60 ventures. “Once you find the problem then you solve it.” His GenNext Hub enables entrepreneurs to solve problems.


Source: Economic Times August 05, 2017 15:42 UTC



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