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Local venture funds rally around entrepreneurs in state, country | Ahmedabad News


With many startups scripting enviable success stories riding on their innovative and scalable ideas, several local venture capital funds and investors have also come up to fund startups and become a part of their success stories. These venture funds from tier-I and tier-II cities are also driving the next wave of entrepreneurship in and outside Gujarat.
For instance, Ahmedabad-based startup accelerator DevX has infused Rs 3 crore in some eleven startups in the last few years. It has launched a venture fund, which invests in early-stage tech-enabled B2B startups.
Another city-based seed-stage venture fund, Amara Ventures, has invested in more than a dozen startups in less than a year. Its investment in a startup ranges from Rs 5 lakh to Rs 25 lakh. Disruptworkz Infolabs Private Limited, a recently founded startup for startups, has also created its own corpus of Rs 15 crore to fund startups incubated with them for mentorship and consultancy services. ....

Umesh Uttamchandani , Samarth Desai , Gujarat University , Indian Institute Of Management Ahmedabad , Entrepreneurship Council , Disruptworkz Infolabs Private , Amara Ventures , Infolabs Private Limited , Gujarat University Start Up , Indian Institute , Management Ahmedabad , From State , உமேஷ் உத்தம்சந்தணி , குஜராத் பல்கலைக்கழகம் , இந்தியன் நிறுவனம் ஆஃப் மேலாண்மை அஹமதாபாத் , தொழில் முனைவோர் சபை , அமரா முயற்சிகள் , இந்தியன் நிறுவனம் , மேலாண்மை அஹமதாபாத் , இருந்து நிலை ,