AHMEDABAD: After selling off their corporations to international companies in large offers during the last yr, promoters of three city-based corporations — Havmor, eInfochips, and Motif Inc — at the moment are keenly weighing options to invest in startups aside from venturing into different sectors and scaling up their current businesses.
Talking to TOI after a panel discussion on ‘Story of Gujarat Exits’, organized as a part of TieCon Ahmedabad, an entrepreneurial conference organized in the metropolis on Friday, Pratul Shroff, founder, eInfochips, mentioned, “For the approaching three years, I will be with Arrow Electronics and help accelerate the company’s enlargement and focus on more hiring.” Subsequently, Shroff mentioned, he's going to have a look at an advisory role to mentor or even invest in corporations as a project capitalist. Early this yr, US-based Arrow acquired eInfochip in a deal valued at round Rs 1,800 crore.
Ankit Chona, the managing director of Havmor, expressed willingness to scale up the existing business and discover investment opportunities as well. “We are having a look at scaling up the restaurant business and in addition the newly launched boutique ice cream brand as soon as the authentic handovers are accomplished with,” Chona mentioned. “While we're having a look at investment opportunities, that is not the best choice. We will likely be exploring new business sectors and are having a look at investments in the FMCG sector, as a part of which we're open to small acquisitions.” South Korean large Lotte Confectionary acquired Havmor’s ice-cream business for Rs 1,020 crore closing yr.
Founder of Motif Inc, Kaushal Mehta, echoed a an identical view about mentorship and investments plans down the line. “For the following three years, I will be committed to scaling up the company and I'm even open to running against it after that.”Mehta went on to say: “While I am not having a look at putting in place a separate business, investing in corporations together with start-u.s.is being explored. A few corporations have already approached me and can look into it.”
Talking to TOI after a panel discussion on ‘Story of Gujarat Exits’, organized as a part of TieCon Ahmedabad, an entrepreneurial conference organized in the metropolis on Friday, Pratul Shroff, founder, eInfochips, mentioned, “For the approaching three years, I will be with Arrow Electronics and help accelerate the company’s enlargement and focus on more hiring.” Subsequently, Shroff mentioned, he's going to have a look at an advisory role to mentor or even invest in corporations as a project capitalist. Early this yr, US-based Arrow acquired eInfochip in a deal valued at round Rs 1,800 crore.
Ankit Chona, the managing director of Havmor, expressed willingness to scale up the existing business and discover investment opportunities as well. “We are having a look at scaling up the restaurant business and in addition the newly launched boutique ice cream brand as soon as the authentic handovers are accomplished with,” Chona mentioned. “While we're having a look at investment opportunities, that is not the best choice. We will likely be exploring new business sectors and are having a look at investments in the FMCG sector, as a part of which we're open to small acquisitions.” South Korean large Lotte Confectionary acquired Havmor’s ice-cream business for Rs 1,020 crore closing yr.
Founder of Motif Inc, Kaushal Mehta, echoed a an identical view about mentorship and investments plans down the line. “For the following three years, I will be committed to scaling up the company and I'm even open to running against it after that.”Mehta went on to say: “While I am not having a look at putting in place a separate business, investing in corporations together with start-u.s.is being explored. A few corporations have already approached me and can look into it.”
After exits, promoters eye startups and other sectors
![After exits, promoters eye startups and other sectors]()
Reviewed by Kailash
on
March 10, 2018
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