Reporter Robin Brinkworth spoke to Arvind Purushotham of Citi Ventures about fintech, Citi’s investment methodology, and its unique value-add
Arvind Purushotham is the managing director and global head of Citi Ventures, Citi’s strategic corporate venture capital unit, reporting directly to Vanessa Colella, Citi’s chief innovation officer. His job is “to source, exercise due diligence and invest in the most innovative new companies in financial services”. In order to compete, Purushotham’s work is focused on accelerating and scaling through offering access to Citi. He said: “60% of our portfolio has conducted a pilot with Citi or is fully commercialised.”
The…