Mohammadreza Masoumi, investment manager of Golrang Ventures, believes that the work of Golrang Ventures is not a corporate one, and their specialized work is examining teams, scrutinizing evaluation and valuing teams
According to Masoumi, Golrang Ventures invests directly only in the areas that are not in the Golrang group, and in the rest of the sectors, the final investment is made by the subsidiary companies of Golrang Holding.
According to Iran digital economy annotation, Mohammad Reza Masoumi, investment manager of Golrang Ventures, says about how to invest in this group and its differences with Cyrus Investment Group: Golrang Ventures is the corporate venture investor (CVC) arm of Golrang Industrial Group. Because CVCs do not have the same format in the world, sometimes the CVC itself creates a portfolio and sometimes the teams are placed in the heart of the parent companies.
According to Masoumi Golrang Ventures follows the second model, he says in this regard: According to the holding structure of Golrang Industrial Group and the placement of specialized sub-holdings (sub-categories) under it, the teams, according to the field of activity, after attracting capital in the related company are placed and financing is done by the same company.
Kourosh Investment Holding and Golrang Ventures do not operate in parallel
Masoumi explains about this: For example, in Alopeyk, the investment was made by Cyrus Investment Group, which is in charge of businesses related to e-commerce, and Alopeyk became a subsidiary of this holding. In these cases, Golrang Ventures’ duties are team finding, due diligence, valuation and contract conclusion. Now, in the meantime, if we intend to enter areas that do not have a trustee in Golrang Holding, then Golrang Ventures will invest directly, which is an example of this model.
He continues: The method of team finding and choosing investment areas is done by monitoring the needs and technological challenges of the group companies through two methods of monitoring technology and extracting challenges with an open innovation approach. In this context, there are two situations, one is announcing the need or even introducing the team from the subgroups to Golrang Ventures, or we ourselves identify the teams and introduce them to the subgroups, and with their approval, the investment process begins.
The incoming teams first enter the acceptance committee of Golrang Ventures, and if approved at this stage, they enter the specialized committee of the desired field with the presence of representatives of the subcategories. Another type of investment that happens in the companies of the Golrang Industrial Group is businesses that are funded from the beginning.
They were formed inside the company and according to the market knowledge, consumption capacity and other potentials of the group, the success of these businesses is increasing. According to Masoumi, Okala and Tara are examples of the same type that have been formed in their specialized subcategories, and Ofood is a newer example that was formed under the kourosh Investment Group.
Masoumi explains: Regarding the percentage of shares considered, the fact is that we do not necessarily acquire in all cases and the field of business activity and its connection with the business of the parent company are important. , because we do not have expertise in that area and the entrepreneurial team needs to advance the business. We also emphasize on investments focusing on smart money and we try to help the growth of businesses by using the capacities of Golrang Holding. It happened in the night investment and the consumer market was made available to it.
Regarding investment areas, our main focus is on businesses based on the activity value chain of Golrang Group companies, but at the same time, we also welcome new businesses that have high market potential.
No Comment! Be the first one.