RIYADH: Indian investment platform Bodhi Tree secured a $1.5 billion funding from Qatar.
The funding boost from Qatar’s state wealth fund will be utilized to launch the platform founded by British-American businessman James Murdoch and former Disney executive Uday Shankar, according to the Financial Times.
“Qatar Investment Authority is investing in technology and media space and India is a key market for us,” the FT reported, citing Mansoor bin Ebrahim Al-Mahmoud, chief executive of the Qatar Investment Authority.
Bodhi Tree is an investment platform providing opportunities in the media and consumer technology sectors in India and Southeast Asia as a whole.
