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US-based AWE Funds launches Rs.350-Cr India fund
US-based Achieving Women Equity (AWE) Funds has launched its maiden India-focused fund targeting a corpus of INR 350 crore. The fund will invest in approximately 15 startups over the next five years in the areas of healthcare, climate and sustainability (clean, green, circular and water), food and agri, education, and fintech. The SEBI registered fund has already attracted investment support from blue-chip international and India-based institutional and HNI investors. The HNI investors include Zia Mody (Founder - AZB and Partners), Soumya Rajan (Founder and CEO - Waterfield Advisors), Padma Chandrasekaran (formerly Gates Foundation), and Divya Sampath (formerly Microsoft, Cognizant, Service Now) among others.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.