One of the paper's key highlights is the rising adoption of family offices in Asia and the Middle East β regions where the concept is still emerging compared to the mature Western markets.
With the fresh infusion of funds, CollegeDekho aims to enhance its technological infrastructure, expand its reach, and streamline operations ahead of the upcoming admission season.
The LC GenInnov Global Innovation Fund is designed to invest in 30-35 companies with groundbreaking innovations in sectors such as Robotics, Technology, Consumer Electronics, Biotech, Healthcare, Mobility, and Material Sciences.
With the fresh capital, Udaan plans to intensify its 'Micro-Market strategy,' focusing on expanding its geographical reach and deepening buyer engagement across key regions.
The fund intends to invest in approximately 30β40 companies, classifying investments according to criteria such as innovation, scalability, profitability, market expansion potential, and valuation.