VTEC is a multifaceted consulting firm that operates across various sub-domains, including political consulting, business consulting, finance consulting, and healthcare consulting.
Jamia Millia Islamia (JMI) MBA course students Mohammad Uwais has successfully secured INR 4 Crore in seed funding for his startup, VTEC. The startup, initially bootstrapped, has now taken a significant step forward with this infusion of capital.
In exchange for this funding, the investor will acquire a 10% equity stake in VTEC, valuing the company at ₹40 Crores. This investment, which represents the pre-seed round for the company, will fuel VTEC's ambitious growth plans.
VTEC is a multifaceted consulting firm that operates across various sub-domains, including political consulting, business consulting, finance consulting, and healthcare consulting. With a dedicated and dynamic team at its helm, VTEC has gained recognition for its expertise, innovative solutions, and commitment to delivering value to its clients.
This substantial injection of capital will allow VTEC to accelerate its expansion efforts, enhance its service offerings, and bolster its market presence. The funding will be utilized to develop cutting-edge solutions, expand the company's client base, and invest in talent acquisition and development.
Read more:
Follow Shiksha.com for latest education news in detail on Exam Results, Dates, Admit Cards, & Schedules, Colleges & Universities news related to Admissions & Courses, Board exams, Scholarships, Careers, Education Events, New education policies & Regulations.
To get in touch with Shiksha news team, please write to us at news@shiksha.com
Abhay an alumnus of IIMC and Delhi University, has over a decade long experience of reporting on various beats of journalism. During his free time he prefers listening to music or play indoor and outdoor games.
Related News
Latest News
Next Story