Premji Invest: A Investment group led by Azim Premji
Working quietly since 2006, Premji Invest investment firm has built up positions and funded around 40 publicly listed and private companies out of a corpus of $1 billion (Rs4,290 crore). Yet, its operations are shrouded in secrecy and the firm has consciously avoided building a public profile.
Premji Invest is a private equity fund owned by Azim Premji, which manages over $2 billion of Azim Premji's personal wealth by investing in capital markets and picking minority stakes in start-ups, including homegrown e-commerce companies such as Flipkart and mobile payment companies such as Chennai-based Financial Software and Systems.
The investment ratio for Premji Invest is analysed as follows:
Till date, more than 60% of its total cash have gone in capital markets, buying stocks of firm...