Investment and incubation firm BCG Digital Ventures has extended its operations to the UK, with the launch of a new centre in the capital.
BCG Digital Ventures already has offices in California, Berlin and Sydney, and is part of Boston Consulting Group’s global network. Created around a team of technology entrepreneurs, senior business leaders, venture architects, designers, product managers and engineers, its aim is to helping companies “act like startups” by injecting or attacking established models with new ideas and technologies to be fit for the future. It also facilitates investments for corporate partners in new enterprises and shares investment risks.
BCG Digital Ventures’ new London centre will house co-located, incubated startups built for Global Fortune 500 companies. The UK team will be led by Ajay Chowdhury and Patrick Rouvillois. Chowdhury is the former chairman of Shazam, ex-CEO of Seatwave and LineOne, and currently a director of the Department for Culture, Media and Sport as well as of FinTech company FairFX. Rouvillois was formerly global chief marketing officer of Carrefour, where he also managed eCommerce, and a senior executive at Barnes & Noble, ABB, Orange, Vodafone and Vivendi Universal.
Jeff Schumacher, founder and CEO of BCG Digital Ventures, commented: “BCG Digital Ventures is a unique proposition, and marks a transition for management consultancy from purely advising to building and launching ventures with clients. The fusion of entrepreneurial expertise with design and build capability, will help large established companies think and act at the same pace that startups do, and we will help them transform themselves before outside competitors challenge their markets.”
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