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San Jose, California, May 25, 2021 /PRNewswire-PRWeb/- Innovation Technology Fund One, Launched the “Qualified Opportunity Zone Fund” and is looking for qualified technology and real estate investment investors.The fund is seeking $ 10,000,000 Series A round.Ph.D. co-partner Mohan Ananda with Madan Menon The proceeds of the fund will be invested to encourage and establish technology companies and real estate companies located in the high-tech zone in the opportunity zone.
Innovation Technology Fund Supported by experienced start-up companies and technical executives, they have established and publicly listed multiple companies. We are looking for technology companies that provide an index of return on investment. The founder of the fund is behind several listed companies and has experience in identifying and developing investments in the technical field. The theme of the fund is to identify, invest and cultivate technology companies in the consumer technology, artificial intelligence and enterprise technology industries. The mission of the fund is to continuously increase the value of the fund.
Innovation Technology Fund One Opportunity Zone Investment Goals
Frientap Inc.
With the help of e-commerce-the days of walking and shopping with your friends in the mall are dwindling.
Frientap is developing innovative and patented technologies in the consumer technology field. In today’s online shopping world, consumers are overwhelmed by the options available and can purchase the same product at different prices from multiple locations. When you try to read reviews, you are not sure whether these reviews are paid or authentic. Finally, if you find a product that is surprisingly hidden gem, how do you get your friends to buy the product? All three form the basis of Frientap.
Frientap allows you to review, react and trade on your favorite products. This enables your friends to provide you with post purchase verification and create new sales channels for your favorite suppliers and products. Frientap is putting “social” back into business.
SecondOpinionExpert Inc.
Depending on the doctor, the medical options and the diagnosis itself will also vary. In addition, misdiagnosis can lead to unnecessary treatment and even life-changing. Researchers found that diagnostic errors accounted for nearly 29% of all medical insurance claims. Second Opinion Expert provides exclusive one-to-one online professional diagnostic evaluation for patients across fields United States. The expert team of Second Opinion Expert consists of hundreds of physician experts who have excellent academic qualifications and important patient care experience in all major diagnostic specialties and sub-specialties. Patients seeking reliable second medical advice no longer need to travel, ruin their lives or rely on doctors who might question their abilities.
Smart IOPS
Most SSD suppliers also happen to be flash memory manufacturers, and ultimately, they hope to sell more NAND. Unlike our competitors, Smart IOPS hopes to help you solve various storage performance challenges.
For high-performance computing and the most demanding data center applications, the “half-height, half-length” add-on card is the ideal form factor. The data engine NVMe SSD is directly inserted into the PCIe slot of the motherboard and is backward compatible. It provides the highest performance per square inch and can be deployed in almost any server.
Qualified Opportunity Zone
The 2017 Tax Cuts and Employment Act created a Qualified Opportunity Zone (“QOZ”) to provide potentially significant tax benefits to investors who reinvest capital gains into long-term investments in communities designated for economic development. There are more than 8,500 QOZs in every state in the United States, Washington DC, with Puerto Rico. They provide investors with the ability to positively influence communities that are striving to attract capital to create sustainable economic opportunities for their communities.
Benefits of QOZF to taxpayers/investors
If such capital gains are invested in QOF, taxpayers can postpone the taxation of capital gains within 180 days after the capital gains.The deferred period is when the taxpayer sells its interest in QOF or December 20, 2026. The investment has been held for 5 years before December 31, 2026 In the amount of deferred income, the taxpayer’s tax base will also increase by 10%. Any taxpayer who has held an investment for at least 10 years is not allowed to receive capital gains tax when his investment increases in value. Qualified opportunity zone funds provide investors with unique tax incentives to invest in opportunity zones.
General partner
PhD Mohan Ananda -Chief Executive Officer
Dr. Ananda is Stamps.com (NASDAQ:Ministry of Science and Technology) And serve on its board of directors. Stamps.com is a leading provider of Internet-based mail and transportation solutions, and uses the technology developed by Dr. Ananda and is protected by a number of US patents.Dr. Ananda is raising more than USD 450 million Raise funds for the company through private placements and public offerings.
Dr. Ananda is also the founder and director of JAB Holdings Limited, a European venture capital company. Its capital was raised through a public offering on the London Stock Exchange AIM. United Kingdom. Dr. Ananda or Envestnet (NYSE:ENV), which is a leading provider of solutions for financial advisors and institutions. Dr. Ananda has been a director of Envestnet’s board of directors for many years. He is also the chairman and chief executive officer of Ananda Enterprises, Inc., which provides technology and management consulting services in California.
Since 1986, Dr. Ananda has been a partner in the law firm Ananda & Krause. Dr. Ananda received a bachelor’s degree in mechanical engineering from the Coimbatore Institute of Technology in Coimbatore. India. He has a master’s degree in aviation. California Institute of Technology, Pasadena, California. He also received a doctorate.From UCLA In celestial dynamics and control. He also received a Juris Doctor degree and a Juris Doctor degree from the University of University. West Los Angeles He has been a member of the California Bar Association since 1986.
Dr. Ananda also worked at the NASA Center Jet Propulsion Laboratory and the US Air Force think tank Aerospace Corporation. Dr. Ananda is the main architect for the Global Positioning System (GPS) development of the US Department of Defense. Dr. Ananda is also the chairman and chief executive officer of Ananda Foundation, Inc., a charity organization.
education
California Institute of Technology (Caltech), Master of Aeronautics and Astronautics, January 1967 to January 1968
UCLA (UCLA) PhD, Celestial Dynamics and Control September 1969-January 1973
Bachelor of Mechanical Engineering with Honours, Coimbatore Institute of Technology, June 1962-March 1967
the University West Los Angeles, Doctor of Laws, March 1981-December 1984
Madan Menon -Director
Currently, Madan leads Frientap Inc ( California Startups headquartered in the social market. Madan has more than 17 years of entrepreneurial and technical experience, and has worked with many companies and startups. He established, developed and exited the MSP focusing on the small and medium-sized enterprise market. He enabled the company to achieve an annual growth rate of 300%, thereby ensuring more than 95% of repeat business. During his leadership, he strengthened the team and implemented cutting-edge projects, saving customers more than 60% of IT budget and improving operational efficiency. After selling the startup, Madan joined Flowedge Financial Solutions as its chief operating officer. Flowedge is a financial technology company dedicated to proprietary trading in the derivatives market. Here Madan combines systems and processes to ensure sustainable development, focusing on traceability and accountability. He designed and implemented development and production environments to ensure multiple failovers, thereby maximizing uptime and achieving nearly 99.95%. 2016 Madan setup http://www.testmyblood.in, In order to take home a professional place for blood tests performed by the laboratory selected by the patient. He is responsible for information technology and systems. He designed a modular and scalable infrastructure and mobile applications.
Madan has an MBA in Marketing and Operations from the Great Lakes Institute of Management, which is the leading B school in the United States. India. He has a bachelor’s degree in physics and a professional certificate in marketing and finance from the Wharton School. University of Pennsylvania And from the cyber security New York University Tandon School engineering.
Fund: Innovative Technology Fund I, Inc.
Status: open to investors
Fund type: stocks (Class A 1:1)
Asset classification: multiple assets
Fund focus: innovative and high-tech companies
Total funds: $ 15,000,000
Series round A: $ 10,000,000
Minimum subscription: $100,000
Potential investment potential: 3
Fund management: OZ Investment
Expected rate of return: 20%
For more information, please visit Innovation Technology Fund One
website: http://www.InnovativeTechZone.com
e-mail: info@innovativetechzone.com
Phone: (408) 772-1685
Innovative Technology Fund Co., Ltd. is a qualified opportunity zone fund.
The articles in this press release are for reference only. This is not an offer to sell, nor an invitation to buy an innovative technology fund. This can only be done through our current confidential private placement memorandum (“CPPM”).Securities provided by the issuer Innovation Technology Fund Co., Ltd. Only applicable to accredited investors. Liquidity is limited. The shares sold in this offering have not been approved or disapproved by the US Securities and Exchange Commission or any state securities department. The Securities and Exchange Commission or any national securities department also failed to approve the accuracy or adequacy of the CPPM or the disclosures provided therein. Any statement to the contrary is a criminal offence. The information contained in this website is for reference only. The information is provided by the Innovation Technology Foundation. Although we strive to keep the information up-to-date and correct, we do not make any express or implied statements or guarantees regarding completeness, accuracy, reliability, applicability or availability. Information about the website or the information, products, services or related graphics contained on the website for any purpose. Therefore, any reliance on such information is entirely at your own risk.
Media contact
Mark Politi, Eazy Do It, Inc., 3102996690, mark@eazydoit.com
Source Innovation Technology Fund
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