 "Funds, Investment")
We Founder Circle (WFC), which invests in early-stage start-ups, on Thursday announced the launch of two angel funds to support early-stage start-ups in India.
The first fund, Invstt Trust, is registered with SEBI and has a corpus of Rs 200 crore, with a green-shoe option of another Rs 200 crore to bring the total to Rs 400 crore.
We Founder Circle Global Angels Fund in Gandhinagar’s GIFT City will seek investors across the globe. The fund size is $30 million with a green-shoe option of another $30 million.
Both funds will have an average ticket size ranging between Rs 3
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