Bengaluru, May 5 (KNN) JPIN India Fund has allotted USD 20 million to invest in Startups and Small and Medium Enterprises (SMEs) in India and emerging markets such as Brazil, Columbia, Mexico, Nigeria, Kenya, Egypt, India, Indonesia, Vietnam.

For its United Kingdom JPIN Global Fund it has kept aside USD 130 million for promoting Startups and helping them boost their business with finances. 

Speaking about the development, Gaurav Singh, founder of JPIN, said “Backed by operational intelligence, JPIN has a proven track record of fund-raising and investment activities in the emerging markets across the globe.” 

The JPIN India Fund, in the name of Mastermind JPIN Capital Partners Fund, is a SEBI registered CAT I AIF. 

It is raised in collaboration with Mastermind, a business advisory and investment banker.  (KNN Bureau)