Taxmantra launches $100 mn fund to invest in Indian, Asian tech startups

Kolkata-based global tax and law firm Taxmantra has launched a $100 million fund to invest in tech startups in India and Southeast Asia in the next 18 months through its new investment arm ProfitBoard Ventures. Several global investors have committed to the fund. "Our 3-year goal is to nurture 100+ startups from India, Southeast Asia," said Alok Patnia, Managing Partner.