JTA NEWS
19 November 2017 - 1 Kislev 5778 - א' כסלו ה' אלפים תשע"ח
JTA NEWS :
OurCrowd-India collaboration deal E-mail

Israeli equity crowdsourcing fund OurCrowd signed a strategic collaboration agreement with Indian wealth management company Reliance Private Client.

The agreement will allow Indian investors to access overseas venture capital funds on the OurCrowd platform and to invest in Israel’s dynamic startup ecosystem.

Under the terms of the deal, Reliance Private Client will offer its accredited clientele access to OurCrowd’s startup investment products and fund offerings. Indian investors will have the opportunity to invest via the platform in OurCrowd’s broad range of offerings, including OurCrowd Qure: Israel’s First Digital Health Fund and the OC50 Portfolio Index fund.

OurCrowd CEO Jon Medved said: “Historically, the greatest challenge for global investors has been access to highquality global alternate asset class investment opportunities, especially into early and growth stage companies based out of mature startup ecosystems such as Israel and Silicon Valley.”

He added: “This new deal structure will provide Indian investors access to quality VC deals through a trusted partner such as Reliance Private Client.”

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