gradCapital, a venture capital firm that invests in startups founded by students, has launched its second fund with $6 million in capital. The fund will invest in early-stage startups founded by students at top universities in India.
gradCapital was founded in 2021 by Abhishek Sethi and Prateek Behera, both of whom are BITS Pilani alumni. The firm invests in startups that are building innovative solutions in a variety of sectors, including education, healthcare, and technology.
The firm’s first fund, which was launched in 2021, has already invested in a number of successful startups, including Zepto, Airbound, and Stimuler.
The second fund will be used to invest in more early-stage startups founded by students. The firm is looking for startups that have the potential to make a significant impact on the world.
Here are some of the key takeaways from the news:
- gradCapital has launched its second fund with $6 million in capital.
- The fund will invest in early-stage startups founded by students at top universities in India.
- The firm is looking for startups that have the potential to make a significant impact on the world.
Here are some of the implications of the news:
- The launch of the second fund is a sign of the growing interest in investing in student-founded startups.
- The fund will help to support the growth of the Indian startup ecosystem.
- The fund will also help to provide students with the resources they need to build successful startups.
