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Ganesh Natarajan-led 5F World inks joint venture with Chesapeake Group

The JV called Kalzoom Advisors will be based out of offices in New York, Bengaluru and Pune

Romita Majumdar  |  Mumbai 

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Ganesh Natarajan-led consulting firm and New York-based boutique investment bank The announced a joint venture (JV) to provide growth advisory and digital transformation engagement between large firms in the two countries for start-ups focused on digital solutions.

They also launched a platform for emerging digital called Zoom12.

The JV called Kalzoom Advisors will be based out of offices in New York, Bengaluru and Pune. It will work in areas of digital solutions like Artificial intelligence (AI) Internet of Things (IoT), digital platforms, design thinking, cyber security, cloud computing etc. Zoom12 will enable emerging to connect with funding sources and potential clients across the two countries.

Founder and managing director of The Douglas Land said, “We are confident our grow-buy-sell approach will be a true enabler to Indian and American new age  We have helped young grow and command superior value when they raise capital or get acquired by larger firms.”Chesapeake specialises in cross-border transactions, merger and acquisition advisory and recapitalisation.

Both 5F and Chesapeake will be leveraging a strong corporate client, venture capitalist and angel investor network to create value for clients, said the spokespersons. said that the advisory is already in the process of evaluating and signing up in specific digital spaces. “We have received delightful pre-launch response to the platform and have already signed up 60 For two of these companies, Kalzoom is providing growth services that will enable them to grow 30 per cent per annum in defined digital spaces.”

The advisory will focus on scaling up to 200 start-ups within the first year.

First Published: Sat, January 13 2018. 02:16 IST