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Lev Capital Raises $30 Million Series A
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Questioning the WeSPAC, VC-backed Side and Compass face off
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Webinar on Sustainable Mobility and State Budget: Accelerating EV Adoption in Karnataka
India
Updated: Tuesday, March 2, 2021, 17:22 [IST]
Bengaluru, Mar 02: Electric Vehicles (EVs) are the new wave of transportation that promise to be the future of sustainable mobility. They are increasingly becoming the more popular choice of transport around the world due to their many advantages, including low fuel costs, reduced emissions, lower maintenance, and eco- friendliness.
Karnataka is set to make great strides in building an EV ecosystem. To this end, the Resurgent India Trust conducted a webinar which explored how the government can promote sustainable mobility solutions that will help Karnataka thrive in cleaner, greener ways. It brought together a diverse set of experts who identified key themes and challenges of EV mobility in Karnataka. The webinar participants examined and discussed innovative solutions to address these challenges and propose policy interventions required to m
Zar started Lev Capital in 2019 and has raised nearly $5 million in seed funding, according to Crunchbase. He sold a prior startup, Dispatch, a logistics management software firm, to Vista Equity Partners in 2018.
Lev, which facilitates financings ranging from first mortgages to complex capital raises, bills itself as combining the expertise of traditional brokerage with an AI-powered database. “We can identify lenders that might not come up otherwise, predict lender pricing, tell sponsors or owners how to optimize their portfolio,” Zar said.
“Too many people are focused on trying to build technology to get rid of the humans in the transaction,” he added. “The transaction is too complex and nuanced to do that.”