Japan-based online marketing company OPT plans to invest ¥15bn ($146.5m) in funding start-up companies over the next three years, The Bridge reported on Sunday.
Start-ups operating in the advertising and education technology sectors will be targeted along with e-commerce companies and those providing cloud services for businesses. OPT will invest up to $3m in each company with the intention of taking a 51% stake.
OPT has already accumulated 17 companies and is aiming to grow that number to 100 by 2017. It will look to take the companies public a few years after the investment.
In addition to capital, OPT will also seek to assist portfolio companies in improving their administrative capabilities, as well as their marketing, public relations and staffing.
– Photo courtesy of OPT Inc.