Industrialist Sudhir Menon and digital marketer Atul Hegde have come together to lend a helping hand to fledgling companies.
Their Rainmaker Ventures has kicked off with $50 million early-stage funding and aims to invest capital in and wholly-mentor new firms.
Sudhir is CMD of Dorf Ketal, a Rs 2,000-crore global corporation specialising in the development, commercialisation, marketing and application of specialty-engineered chemicals for the refining and petrochemical industries, while Atul was previously part of the Astro group of Malaysia-funded ToTHENEW ventures, running Ignitee Digital, a marketing firm.
