CHICAGO (Diya TV) — Early stage investor Entrepreneurship & Venture Capital announced Monday the creation of a $50 million fund focused on the Indian market.
The fund will focus and invest in technology ventures across Indian sectors such as Internet of Things, mobile space, ad-tech, e-commerce, gaming, wearables and education. Initial investment tickets will range from $100,000 to $5 million.
“Today, India has emerged as one of the most assuring entrepreneurial landscapes. We have launched the fund looking at the opportunities that the Indian ecosystem has to offer and the gap that we can bridge by supporting new businesses that can put India on the global entrepreneurial map,” said Anjli Jain, Entrepreneurship & Venture Capital’s managing partner.
Jain has spent over 15 years working with startups, and throughout her life has been on both sides of the aisle as both an entrepreneur and investor.
Jain founded Kryptos Mobile in 2012, a cloud-based, self-service mobile app development and publishing platform. Additionally, she has founded companies such as BlackBeltHelp, LookingGlass Platform and OculusIT.
EVC additionally runs an accelerator program in Gurgaon, where it provides capital, mentorship and physical and virtual office space to entrepreneurs. This is a similar sort of program to what this company registered office service provides in London. They allow businesses to use a registered address if they work from home, for example, to make their company sound more professional to their clients; impacting their success. This can be from offering registered addresses to a place to store their data in the cold with businesses like FilecenterDMS. It comes Mentors from the company to play the role of tutors, helping entrepreneurs transform their ideas into viable business propositions. The accelerator invests in the range of $5,000-100,000 in exchange for equity in startups.