Utthishta Yekum invests Rs 25 lakh each in three startups

HYDERABAD: Hyderabad-based Utthishta Yekum Fund has invested Rs 20 to Rs 25 lakh in three startups.

The startups include Smarter Biz which provides mobile-based solution for SMEs to track their digital businesses, QR code generation and management solution Scanova which counts USbased chain stores Staples and 7-eleven among its customers as well as Stratawiz Technologies for their cloud based native mobile app Rapport for connecting salesforce and management.

Utthishta Yekum is registered with Sebi as a Category-I Alternate Investment Fund with a fund size of Rs 70 crore, sponsored by chairman of Nuziveedu Seeds Limited ( NSL Group), M Prabhakar Rao.