Modi Ventures was founded in 2014 in order to bring the most innovative technology projects to the Indian market. As a pilot project Modi Ventures has already established two joint-ventures, the first being with U-First S.r.l. Italy, which has created a mass scale digital application that prioritizes users in queues at a range of public and private locations and institutions, including airports, stations and other establishments where customer queuing is necessary, and the second being a joint venture with an established NBFC to provide an on-line loan service for business and private consumers and contractors. Modi Ventures is close to finalizing an investment in the food and beverages sector in the United Kingdom.