It has been a busy 2018 for us at Equanimity.
Equanimity conducted its first close at a little over US$10 million and we are now deploying this capital in some handpicked early stage firms. We have put together a rock solid team of 7 full time professionals, and designed our own proprietary platform which is a collaborative tool that does a wonderful job of providing real time updates on the deal evaluation process. Further, we have established a robust process that funnels down our deal flow right from the mouth of the pipeline till the deals get into our portfolio after successfully passing through our rigorous investment evaluation criteria. We have brought on board leading luminaries from India, US, UK and Israel to be part of our Global Advisory Board. We have also set in place a Board of Mentors and Venture Partners who will work with our portfolio companies to create value and wealth for all stakeholders. We made our maiden investment in Sqrrl, a FinTech company that offers a mobile first platform which helps young Indians save and invest using a very easy to use interface that works in a highly intuitive manner.