"Opportunities don't happen. You create them." Varun Datta is an entrepreneur and venture capitalist who has proven the adage true. He successfully steers a global venture fund for multiple sectors including:
1. Blockchain Technology
2. Healthcare and Holistic Wellness
3. Entertainment platforms like OTTs and content production
4. Cannabis - CBD in USA
Born in India, Datta was exposed to the business world from childhood. Today, he funds companies at the seed level. He aims to nurture fresh and innovative ideas that not only help the companies to expand but also prove to be beneficial for the target audiences. He also provides mentoring along with funds to ensure that they are utilised efficiently.
Venture capital funds, essentially, are pooled investment funds. The wealth of the investors who seek private equity stakes in startups and small to medium ventures get their funds managed by these. These are characterised by robust growth potential, but also risks. Datta has worked on over 68 projects, and won 17 awards.
Datta funds blockchain technology as well. It is a decentralised ledger that simplifies record keeping of transactions of any digital asset in a business network. It strengthens security, reliability and privacy. It is attracting attention as it reduces the scope of risks and is easier to scale. In this digital era, this is a valuable invention.
The sphere of public health is ever-evolving and important. Datta has his engagement in this domain too. Not just the facilities, but also the promotion of research, innovation of new technologies for better public health, etc.
Datta follows a strategic, calculated approach commuting to long term results rather than temporary ones.