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Millionaire Entrepreneur Benjamin Herzog Expresses his Desire to Invest in Indian Tech Companies

James Boley by James Boley
May 5, 2020
in Business
Reading Time: 3 mins read

Entrepreneurship is not just about building a successful business but also making the right investments. It requires great understanding to know which field has a higher return on investment. Benjamin Herzog, an Austrian entrepreneur is an investor, a motivational speaker and a business genius who started his journey of self-employment at an early age. The 23-year old millionaire is born and brought up in Klagenfurt, Austria and has over the years invested in multiple ventures. He says, “Never depend on only one business. Have multiple investments to generate income from different sources.” In the last few years, Herzog has funded and invested in many businesses. Benjamin now aims to make his investment in the field of Information Technology.

He believes that software development companies have got a good scope. Moreover, Herzog even expressed his desire to invest in many Indian software companies. “India is a huge ground for all IT companies. In the last few years, many software giants have boomed. As per the research, many technology companies in the USA have tech experts of Indian descent. Take Satya Nadella or Sundar Pichai for that matter, both are Indian talents and CEOs of Microsoft and Google respectively.” The Austrian entrepreneur is very keen to invest in Indian tech companies once the things get stable after the COVID-19 crisis.

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Benjamin started his journey as an entrepreneur after he joined the foundation of Tea Time, an online and offline tea distribution platform. He has invested in many startups and companies thereafter. Some of the companies where he made his investments include Avintex GmbH, Viva Payment Solutions, PhoneX Pay (Transfera) and EXW Wallet. The year 2020 was also supposed to see Benjamin Herzog making his foray into the real estate industry. However, he has delayed the plan due to the coronavirus pandemic. Besides this, Benjamin Herzog’s luxury fashion brand ‘Understatement’ will also most probably launch in 2021 now.

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James Boley

James Boley

With an experience of two years covering the local news, James has a panache for recognizing, understanding and decoding science based news. He brings in the best news pieces for the Science/Environment section of the website.

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