Ex-CEO HCL Technologies Anant Gupta Launches Rs 100Cr Tech Fund

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22 October 2016, India :

Former HCL Technologies chief executive Anant Gupta has now set up a Rs.100-crore fund to support ventures developing cutting-edge technology products.

Mr. Gupta, whose departure from HCL Technologies was announced today, has founded a new investment firm ‘Techcelx’ that will focus on developing next-gen digital technology products and platforms. “With Techcelx, I am pursuing my long-term goals and passion towards promoting our country’s entrepreneurship and innovation potential in the technology space,” Mr. Gupta said.

Anant Gupta is Founder Chairman & CEO, TECHCELX, a first of its kind integrated business acceleration and investment firm focused on developing digital technology products & platforms and in enterprises being disrupted by technology. He is also former President & Chief Executive Officer of HCL Technologies, a US $6.2 billion global Information Technology services company.

The Rs.100-crore fund will focus on ventures like machine learning, IoT (Internet of Things) and artificial intelligence. Source- PTI / Image- indianceo.in

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