It is evident that inefficient service delivery annoys many people, but for e.Bricks ventures, this can turn out to be a business venture. The Brazilian firm venture capital plans to invest R $ 300 million in start-ups whose technologies are considered to have the capability in helping enhance the quality in the major regions. For segments were described as targets with top priority: financial amenities, education, health and small and medium enterprises.
Pedro Sirostskiy Melzer who is the managing director of venture capital e.Bricks inform that the fund is raising phase, and the company has an excellent reception from investors. The raising of the funds is done both in Brazil and overseas and the forecast is that the first donations are made from July.
Through the other background, e.Bricks plan to come up with technological solutions that can assist in finding solutions to structural problems. For instance, 50 percent of the total population still does not own a bank account, says Peter Melzer, mitigating the interest around the Fin-tech, financial services firms through the internet.
Eduardo Sirotsky Melzer, the leader of the RBS Group, says that, on top of offering financial assistance, the benefits of e.Bricks ventures is the experience of its chief partners. He goes on to add that capital is essential but limited. There is no set number of business to get investments from this venture. The number of companies will differ depending on the risk of the enterprises and their development ability, in addition to the maturity stage. The businesses that exhibit excellent performance might have a chance to get subsequent rounds of investments.
In spite, the teething troubles of Brazil ranching from the slump and impeaching of President Dilma Rousseff away till the outburst of zika virus, investors from other states are acutely aware of what is going on in the country.