Fund News

We Founder Circle launches two angel funds

Business Standard  

We Founder Circle (WFC), which invests in early-stage startups, has launched two angel funds. The first fund, Invstt Trust, has a target corpus of INR 200 crore, with a green-shoe option of another INR 200 crore. We Founder Circle Global Angels Fund in Gandhinagar's GIFT City will seek investors across the globe. The fund size is USD 30 million with a green-shoe option of another USD 30 million. Both funds will have an average ticket size ranging between INR 3 crore and INR 4 crore. Their investments will be in startups raising pre-seed, seed and Series A rounds. The funds will mainly invest in portfolio entities across financial services, deeptech, fintech, EV, content gaming, industrial tech, retail tech, edtech, supply chain, agritech, consumer/D2C, and manufacturing. The funds also provide networking and mentorship support to startups with tech expertise and global business connections.

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