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Plan to invest in companies with disruptive ideas, says Patni Financial Advisors

Updated : February 12, 2019 11:53 AM IST

After selling Patni Computers Systems seven years ago, Patni Group’s family office is working towards riding the second wave of disruption in the technology world by investing in start-ups. CNBC-TV18’s Nisha Poddar caught up with Arihant Patni, managing director of Patni Financial Advisors and he spoke about their investment strategy and how they are hedging their bets.

“It has been an incredible journey and I count myself very fortunate as being the second generation in the family business. My father and his brother started a business. Me, my brother and cousins worked in it and took it forward but to see a business go from inception to execution exit over a period of over three decades is a tremendous opportunity and it is an amazing learning experience. Once we sold the business about seven years ago, we wanted to recreate some of that success that we have evidenced in that transformational experience by investing in new age businesses, in new age founders, kids on the street that had smart ideas, that needed not just capital but also a little bit of help in building their business up to the next level. That is why we started the whole thesis of investing in technology companies,” he said.

“We had the good fortune to be part of one disruptive cycle and I think that software outsourcing in India changed the way that technology was developed across the developed world. I think to be able to now zone in on a second disruptive wave just by ourselves maybe a little naïve and I think because we are blessed with capital, we could go out there and identify smart individuals that have several different disruptive ideas and hedge our bets and lay value where we think is most required,” he added.
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