#Fundlaunch is your quick summary of notable fund launches for startups. This segment includes announcements on funds launched by GHV Accelerator, Vodafone and GSMA
GHV Accelerator Partners with World Innovation Labs (WiL) and Makoto Takano to Launch a Rs 350Cr Startup Fund
Green House Ventures (GHV) Accelerator has tied up with the World Innovation Labs (WiL) and Makoto Takano, ex-President of PIMCO Japan Ltd., to together launch a Rs 350 crore fund for Indian startups. Makoto Takano would be joining GHV’s board.
The fund will invest between $2.5 million to $5 million (Rs 17- Rs 33 crore) in each startup in Series A range, starting early 2017. Read More
Vodafone Launches Rs 90 Lakh Fund to support innovative mobile solutions from organisations
Vodafone Foundation, the CSR arm of Vodafone Group, in partnership with NASSCOM Foundation announced grants worth Rs 90 lakhs to support emerging and innovative mobile solutions.
Both Vodafone and NASSCOM are inviting applications for the Mobile for Good awards. Vodafone Foundation will also provide structured mentoring, monitoring and impact valuation support from partner institutions for winning projects. Read More
GSMA Announces Launch of Ecosystem Accelerator Innovation Fund
GSMA, a trade group that represents network operators using GSM technology for their networks, has announced the launch of GSMA Ecosystem Accelerator Innovation Fund to support innovative startups in Africa and emerging Asian markets (India is not included).
The fund is open for applications up till 18th September. It will help identify startups with the greatest potential for growth and provide them with funding in the range of £100,000 and £250,000, and mobile-focused mentoring and technical assistance. Read More
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