Women-led start-ups to place India in global arena: Jitendra Singh
Women-led start-ups will place India in the global arena in the years to come, Union minister Jitendra Singh said here Friday.
Pune-based venture capital firm Windrose Capital on Wednesday the company has marked its initial close of the debt fund—’The Next Billion Fund’ which will invest up to $30 million (around Rs 213 crore) in early-stage high growth start-ups across India.
The debt fund will also consider reinvesting in the startups in Pre-Series A and Series A rounds. So far, the company has already invested in several startups including—financial services by Nivesh.com, healthcare logistics by Biddano, and the AI-based data insights from Precily. The firm is in advanced talks with over a dozen more companies from different sectors and will be looking to complete several more investments before the end of this quarter.
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As an entrepreneur-led Fund, the company works closely with start-up founders to enable them in their journey and help them stay focused on their mission.
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Managing Partner of Windrose Capital, Rohit Goyal said, “an investment from us is about more than just capital. We bring to businesses our operational expertise, a focused group of hands-on entrepreneurial advisors, and a supportive community. Windrose capital will allow you to focus on what you do best: go ahead and create value.”
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