Investment bank Nomura has decided to set up a $92 million fund to assist start-ups, a senior official said. In a statement issued here on Wednesday the firm also said that it has commenced the 'Voyager - Nomura FinTech Partnership' in India aimed at harnessing emerging technologies to help transform its businesses and services. "We also plan to create a new 10 billion yen ($92 million/Rs 6 billion)) fund to provide financial support to start-ups. The Voyager initiative in India is a further sign of our commitment to engage with start-ups and encourage financial innovation," Yo Akatsuka, Senior Managing Director, Innovations, Nomura Holdings, Inc was quoted as saying in the statement.
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Investment bank Nomura has decided to set up a $92 million fund to assist start-ups, a senior official said. In a statement issued here on Wednesday the firm also said that it has commenced the 'Voyager - Nomura FinTech Partnership' in India aimed at harnessing emerging technologies to help transform its businesses and services. "We also plan to create a new 10 billion yen ($92 million/Rs 6 billion)) fund to provide financial support to start-ups. The Voyager initiative in India is a further sign of our commitment to engage with start-ups and encourage financial innovation," Yo Akatsuka, Senior Managing Director, Innovations, Nomura Holdings, Inc was quoted as saying in the statement.
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