BIF adds Indus to its investment portfolio
28/07/2025 13:53 NZST, TRANSACT
28 July 2025
Booster Innovation Fund adds Indus to its investment portfolio
Booster NZ is pleased to announce an investment of $100,000 by its Booster Innovation Fund (BIF) in Indus, a seed stage New Zealand company developing a unique finance technology platform to facilitate investment into India for people living abroad.
Indus operates in the information technology services sector. The solution they are developing is overcoming historical regulatory and compliance barriers to enable investment into Indian publicly listed stocks and mutual funds for New Zealanders with a sign-up time that takes just minutes. The company aims to become the world leading platform for people around the globe to invest into India, the fastest growing major economy in the world (as defined by the International Monetary Fund, 2025).
Following this transaction (and issue of additional units to fund the purchase), Indus will represent 0.5% of BIF’s investment portfolio which currently has over 35 active companies, and a net asset value of $21.3m. This investment aligns with Booster Innovation Fund’s commitment to supporting innovative New Zealand businesses at seed of their growth.
Investors can continue to purchase units in BIF on the NZX or can subscribe for units in the fund as part of the process described in the fund’s Product Disclosure Statement (PDS) that is available at www.booster.co.nz.
For further information regarding BIF visit https://www.booster.co.nz/booster-investments/booster-innovation-fund.aspx
For more information, please contact:
Gary Scott
Company Secretary
Booster Investment Management Limited
04 8944300
About Booster
Booster Investment Management Limited (Booster) is the manager and issuer of the Fund, and part of the Booster Group which has been helping New Zealanders save since 1998. The group currently administers superannuation and investment funds of over $7 billion on behalf of more than 200,000 New Zealanders.
BIF is a managed investment fund that invests in early-stage companies founded on intellectual property originated or developed in New Zealand.
For more information, including a copy of the Product Disclosure Statement, please visit www.booster.co.nz