Singapore based angel investment network ThinKuvate launches ₹100 crore maiden India fund
Singapore-based angel investment network, ThinKuvate announces the launch of their first India focused Fund – ThinKuvate India Fund – I with a total corpus of ₹100 crore. The India Fund will look to invest in tech startups across sectors with an initial amount of upto ₹3 crore. ThinKuvate aims to invest in 12 – 15 startups every year through this Fund.
The Fund launch will also be announced through investor roadshows across cities in a phased manner. In the first phase, ThinKuvate team will be rolling out the fund in key cities like Nagpur, Raipur, Bangalore and Chennai, with an aim to tap into emerging startup hubs in India along with established centres.