Mayuresh has been supporting numerous businesses through its venture capital enterprise. The group’s venture capital arm grew as a result of backing a large number of unfinished commercial, residential and retail construction projects during the mid to late 1990s, when India underwent a major economic crisis that affected the real estate industry. Mayuresh’s intervention efforts during this period enabled a large number of buyers to gain possession of their premises. Thanks to the timely efforts Mayuresh, CIDCO, the architecture arm of the state government of Maharashtra conferred Shreegopal Barasia with the title of ‘Efficient Crisis Manager’.
The business relationships that the group has built over the years with professional bankers and financial managers from different industrial backgrounds enable Mayuresh Venture Capital to evaluate projects and business opportunities that have the potential to grow substantially and systematically.
Mayuresh’s venture capital operation takes on projects that have all the necessary technical and marketing functions in place, but lack a financial plan to enable them to come into being. An eye for details and the ability to finance such projects across industrial and business entrepreneurship are signature characteristics of Mayuresh’s Venture Capital.