ah! Ventures
Emerging markets investment guru Mark Mobius has invested in Entropy Innovations, a Mumbai-based startup that is challenging the conventional two-wheeler washing industry with a proprietary machine that is faster as well as cost-effective compared to the conventional method used across the country . Along with some other investors, Mobius, who is also the executive presi dent of global fund house Templeton’s emerging mar ket arm, picked up a stake in Entropy that runs Express Bike Wash, a two wheeler cleaning ven ture using automatic machines developed by the company’s founders.
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