Taxmantra Global launches $100m fund to invest in Indian, SEA startups

Taxmantra Global launches $100m fund to invest in Indian, SEA startups

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Indian tax and legal services firm Taxmantra Global (TMG) has announced the launch of its standalone investment banking arm and private investment arm ProfitBoard Ventures, to back technology-enabled startups in India and Southeast Asia.

Headquartered in Singapore, ProfitBoard Ventures will assist early- and growth-stage startups in fundraising through its consortium of investors. It has already onboarded a consortium of global investors to inject $100 million funding into selected startups in the next 18 months, per a statement.

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