Nisus Fincorp invests $2.5 lakh in ClayWorks Spaces

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Press Trust of India Mumbai
Last Updated : Jul 03 2018 | 5:30 PM IST

Nisus Fincorp, the non-banking financial arm of private equity fund manager Nisus Finance, today said it has made its maiden investment of USD 2.5 lakh in coworking startup ClayWorks Spaces Technologies.

"The USD 2.5-lakh investment is a part of our strategy to back high-growth startups and early-stage firms through our new NBFC. Our endeavour is to bridge their cash flow mis-matches through our capital engagement," said Amit Goenka, managing director and chief executive officer, Nisus Finance.

The Bengaluru-based startup plans to utilise the funds to operationalise its new boutique shared office space in Bengaluru and expanding into two new centres, he said.

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First Published: Jul 03 2018 | 5:30 PM IST

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