Big Move Ventures (CEO Jeong Hoon-jae) announced on the 9th that it has invested in Affinit (CEO Lee Cheol-won), a startup that operates the Indian fintech solution 'True Balance'.
Affinit, a startup operating an AI-based screening system and financial platform in the Indian financial market, plans to use this investment to expand its service scope across India and accelerate customer acquisition.
Jung Hoon-jae, CEO of Big Move Ventures, said, “Affinit is achieving results with domestic capital and technological prowess in the Indian market, where the financial system is vulnerable, and we invested in it because we highly value its support for the financially vulnerable from an ESG perspective.”
Big Move Ventures has been showing results, such as being selected for the KIF fund together with Korea Investment Partners last year, and has recently invested in Impact AI, an AI-based advertising budget optimization solution company; Connective, an AI-based musculoskeletal surgery support solution and surgical robot developer; Cham Yak Sa, a pharmacy DX transformation platform company; and Innoclas, a whole-genome analysis company, expanding its portfolio to encompass the bio/healthcare and ESG fields.
Lee Cheol-won, CEO of Affinit, said, “We are currently operating with the goal of going public this year, and after going public, entering the global market and growing are important goals.”
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