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VC

Flourish Ventures Bolsters Asia Fintech Hunt

Nicole Kristine Jovero
Last updated: May 7, 2024 2:25 am
Nicole Kristine Jovero
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2 Min Read
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  • Flourish Ventures appointed Ravi Kaushik to head Asia fintech investments.
  • Kaushik brings 15+ years experience in venture capital, private equity.
  • Flourish secured $350M funding, aims to bolster fintech bets globally.

Contents
Experienced investor joins the rodeoCashing in on fintech’s future

Venture capital firm Flourish Ventures appointed Ravi Kaushik as Executive Director and Head of Asia Investments.

He will spearhead the firm’s fintech investments and portfolio management in Southeast Asia and India.

Experienced investor joins the rodeo

Kaushik expressed enthusiasm for these “fast-growing regions,” citing “a multi-decade opportunity to invest in and build alongside some of the best founders.”

Before joining Flourish Ventures, Kaushik served as CFO of Agro.Club, a US-based grain-trading platform. He brings over 15 years of experience operating businesses and investing across venture capital and private equity.

Notably, Kaushik was a founding member at Indian VC firm WaterBridge Ventures, which he exited in 2023.

Cashing in on fintech’s future

US-headquartered Flourish Ventures, focusing on fintech, secured US$350 million in funding last year, bringing its total assets under management to US$850 million globally.

Armed with increased capital and talent, the firm aims to enhance fintech investments in the US, Africa, Asia, and Latin America.

As of October 2023, Flourish Ventures had invested in over 71 fintech startups worldwide, counting eBay founder Pierre Omidyar as its sole limited partner.

To read the original article: https://www.techinasia.com/flourish-ventures-strengthens-asia-investment-team-key-hire

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