Convergence Partners Investments, founded by Andile Ngcaba in 2003, has rebranded to Solcon Capital. The company will focus on international deep tech investments in Generative AI & Large Language Models (LLM), Synthetic Data & Big Data, Cybersecurity, and Quantum Computing across South Africa, India, and Southeast Asia. Solcon is also working on its flagship AI-based investment management platform, Solcon 360, which will enable investment companies to manage pipelines, VDR, and operations of their portfolios more effectively. Pramod Venkatesh has been appointed as the new CEO of Solcon Capital.
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