artificial intelligence and financial technology
Virtu Propdeal looks at artificial intelligence and financial technology
Technologies such as blockchain and artificial intelligence (AI) will have a disproportionately larger impact in India where access issues can be solved by decentralisation and automation, says Arpan Shah, Partner at Virtu Propdeal, a Kolkata-based fund focused on real estate and technology investments. "We have invested in a few realestate projects from the early days of our fund. We invested in two ecommerce companies -- CaptainKyso and Postergully, which exited. We are looking at early-stage companies that are keen to raise money at the seed or pre-seed stage," he said. Virtu Propdeal was started in 2012, initially with the idea of investing in real estate projects, especially in Tier 2 and Tier 3 cities.