Venture Capital fund, Nirvana Venture Advisors has invested in Mumbai-based prepaid payment program company, TranServ..PXV Partners advised its long-standing client TranServ with a team led by Partners Deepto Roy and GT Thomas Phillippe along with Associate Shivani Chugh..Nishith Desai Associates advised Nirvana Venture Advisors with a team led by Partner Bijal Ajinkya..According to Dealcurry, these funds will be used to scale up operations and resources to deliver current and planned payment products. Nirvana Venture is a $75 million Venture Capital fund set up by Amit and Arihant Patni. The fund focuses on mobile and internet start-ups in India..As part of the deal, Amit Patni and Rajan Mehra of Nirvana Venture Advisors will join the TranServ board, the company said in a press release..TranServ, incorporated in 2011 develops prepaid card programs for banks, retailers and other companies who can take advantage of leading technology, specifically tailored for the Indian market.
Venture Capital fund, Nirvana Venture Advisors has invested in Mumbai-based prepaid payment program company, TranServ..PXV Partners advised its long-standing client TranServ with a team led by Partners Deepto Roy and GT Thomas Phillippe along with Associate Shivani Chugh..Nishith Desai Associates advised Nirvana Venture Advisors with a team led by Partner Bijal Ajinkya..According to Dealcurry, these funds will be used to scale up operations and resources to deliver current and planned payment products. Nirvana Venture is a $75 million Venture Capital fund set up by Amit and Arihant Patni. The fund focuses on mobile and internet start-ups in India..As part of the deal, Amit Patni and Rajan Mehra of Nirvana Venture Advisors will join the TranServ board, the company said in a press release..TranServ, incorporated in 2011 develops prepaid card programs for banks, retailers and other companies who can take advantage of leading technology, specifically tailored for the Indian market.
