Kujawa To Lead Exhilway SME VIVO

SME VIVO will raise US $30 million in the next six months to fund emerging companies in India

New Delhi (I-Newswire) October 18, 2012 - Exhilway Private Capital Market (EPCM), India’s largest secondary fund raising market for the emerging companies has appointed Monica Kujawa for its proposed India and Brazil based start up fund named SME VIVO.

Monica is an internally promoted fund manager with over 6 years of experience in the wealth management and startup funding business. Monica, a US resident, will be assisted by a team of 5 assistant fund managers in India and Brazil who will closely look into the daily local operations of the proposed fund.

Monica will draw an annual performance based salary package of US $0.25 million or INR 1.4 crore and will travel worldwide to meet investors and distributors.

SME VIVO, an investment advisory alternative investment product will initiate its business operations from India and will raise close to US $30 million or INR 160 crore for its portfolio companies within next six months. The product will be distributed in India, UAE and China.

“SME VIVO will fund many emerging companies in India and Brazil. We are confident that EPCM will solve the problem of start up funding in many developing economies,” said Ravi Agarwal, Managing Partner of EPCM.

Some of the investors are of concern that most of the companies forming the part of the portfolio are admitted on the basis of good faith, however EPCM officials confirmed that all due diligence will be completed before the investment is finally made into the company.

EPCM is going slow on its India's expansion plans as they believe that Indian politics will take lot of time before they encourage start up funding. According to the EPCM management, financial institutions in India like banks and private lenders are uncooperative with the young entrepreneurs and this offers a golden opportunity to the companies who encourages startups.

The business of start up funding in India is being considered as a hot business, as the investors investing in such products make an average of five fold return on their investments within three years.

Several international brokerage houses are of a belief that Indian companies will continue to grow in spite of negative views on India.

The total market capitalization of the companies listed on EPCM is US $807 million or INR 4200 crore and the management is confident of a multi fold growth in the short term.