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Hyderabad girls to make waves at global regatta in Italy | Hyderabad News

Vaishnavi (left), Jhansipriya with coach Suheim Sheikh
HYDERABAD: Battling rough winds hitting their sails, two young girls from Hyderabad are all set to make waves in the world sailing championship to be held in Italy in July this year.
Sailors L Jhansipriya, 14, and V Vaishnavi, 15, made it to the Indian team for the world championship after battling tough financial crisis. Both crafted sailing history after getting selected for one of the largest sailing championships in the world.
Jhansipriya’s mother works in a hospital’s housekeeping team, Vaishnavi’s mother is a domestic help
This is the first time that two girls from Telangana have been selected for a world championship in sub-juniors (U-16) category, which will be attended by 264 sailors from over 60 countries making it one of the most competitive regatta for youth in the world. ....

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SucSEED Indovation announces first closure of maiden Rs 100 cr fund

Hyderabad-headquartered SucSEED Indovation, an Alternative Investment Fund (AIF-1) venture capital angel fund, on Tuesday announced the first closure of its maiden Rs 100 crore fund by raising Rs 40 crore.
Through this fund, SucSEED aims to support over 50 startups till they become large enterprises over their 3-stage funding thesis.
Vikrant Varshney, co-founder & managing partner of the find said that angel investors, CXOs in large domestic and global enterprises, family offices, and few family trusts participated in the first successful closing of Rs 40 crore.
Indovation Fund has identified three startups Stargate, Auris, and Freestand for investment and has signed term sheets, he said. ....

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