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Today Date : Thursday, June 20, 2024

Velvet, commences liquidity  solutions for start-ups in India

Velvet, commences liquidity solutions for start-ups in India

Velvet, a provider of liquidity as a benefit solutions to startups has announced its entry into Indian markets today. Velvet offers recurring liquidity solutions for emerging markets with built in on-boarding, strike price financing and a focus on constantly bringing new investment opportunities for shareholders. 
Founded in Brazil in 2021, Velvet brings solutions for late-stage tech companies to provide liquidity to their employees on a recurring basis as a unique HR benefit. 

In India, Velvet will be running its liquidity programs for the best startups in the country with valuations around $300 million. The company enables access for high-income investors to sell their stakes through a platform that is connected with some of the largest private banking and wealth management firms across the globe, which will sell and buy the stakes on behalf of their clients said Carlos Naupari, Co-Founder & Co-CEO.