Siddharth Mehta IL&FS talks about Samco growth story

Siddharth Mehta IL&FS Former Director, Founder and CIO of Bay Capital is Positive about investing in the Indian market rather than any other emerging and developed one. In every sector and in every business aspect, digital activity has become extremely important and relevant as this was the only way for consumers to access products and services and for businesses to operate. Siddharth Mehta founder and CIO of Bay Capital said that. Across the globe, the nature of digital economy dictates that the consumer would tend to gravitate towards fewer platforms. Within this, leadership businesses will end up having far larger share of traffic, revenue as well as profit pool!

The Series-B round of equity financing is an internal round that was led by the company existing investor, mid-market private equity firm Bay Capital Investments. Siddharth Mehta Bay Capital ounder said, We are also very impressed with the Samco team and the innovation that they have brought to the plate in an otherwise cluttered market. ” He Said “They understand the complex requirements of the market and have been successful in delivering unique solutions. ”“(We) look forward towards addressing the problems that the trading and investing industry is plagued with, and ensure low-cost access to capital markets is available for every Indian,” Jimeet Modi, chief executive of SAMCO Securities and StockNote, said. Founded by Siddharth Mehta and Puneet Saraogi, Bay Capital operates, both, a private equity, as well a long-only public markets investment practice.

After the pandemic the growth of digitalization is huge says Siddharth Mehta of Religare. He says because of Covid-19 the people of India are more indulging on digital platforms for their day to day activities. According to a survey people are spending more than 6 hours on digital spaces and Mehta believes that it will increase by 10 times in the next decade.