Equentis Wealth Advisory unveils AIF to back startups in defence, consumer tech, logistics, fintech

The Mumbai-based wealth management firm’s Rs 500 crore fund will cut cheques of Rs 4-10 crore for 40-50 startups. The company's founder and managing director Manish Goel told us that the their objective is to capitalise on the increased acceptability among relatively smaller investors for startups as an asset class.