gradCapital launches student-focused VC; to select 20 cos in first cohort
Bengaluru-based gradCapital has launched a pan-India student-focused VC, designed to help college graduates grow their ideas into businesses. gradCapital will invest USD 25,000 in each of the 20 startups they select over the next year. gradCapital is also being supported by CIIE.CO - The Innovation Continuum, based out of IIM-Ahmedabad. gradCapital will host an eight-week, intensive program for companies founded and run by college students. The program will provide a layout conducive to the context of students to make sure they are set to raise their subsequent funding round. gradCapital plans to invest in 100 startups in the next three years. Built and run by Abhishek Sethi and Prateek Behera – both graduates from IIM-A and BITS Pilani, respectively - gradCapital has now opened the application process for its first cohort of startups.
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