"These investments are going into Indian, Chinese and American technology companies looking for growth capital to propel their business," said Ozi Amanat, the Indian-origin partner of K2 Global, managing the Asian billionaire club.
"We are investing in tech companies with the potential of global disruption and expansion. The goal is to make an investment, some months ahead of their IPO," Amanat, 35, told PTI.
K2 Global, a venture growth firm, has attracted a club of marquis billionaires, and combines venture capital and private equity concepts to provide growth capital as well as strategic value to the companies which are set to change global business models with technologies and innovations, said Amanat.
K2 Global is rapidly expanding, with partners in Singapore and Silicon Valley. It has already invested close to USD 50 million in tech companies in just the past 90 days, he said.
Amanat believes the tech-heavyweights in the world's three main markets, India, China and the US, should get more equity growth capital to help launch them to the next level of technological disruption.