Indian cricketer Yuvraj singh is all set to enter the Indian startup sector by launching his investment company YouWeCan Ventures Technology Llp. YouWeCan Ventures has been established with the sole aim to invest and support in emerging Indian startups.
Through his company, Singh plans to invest over $8 million (INR 50 crores) in healthcare, media, travel, hospitality and real estate over a span of 3-5 years.
Regarding the venture Singh said, “I had been thinking about this for four-five years. There are a lot of young entrepreneurs with great high-potential ideas and I plan to invest in these startups, to build their brands and companies,” as reported by ET
As of now YouWeCan Ventures consists of 6 members, and it intends to invest around $15,000- $40,000 per startup at the seed stage. Further, friends and associates of the cricketer have also committed to invest through Yuvraj’s company.