Delhi Based Startup Accelerator Huddle announces INR 50 crore investments in startups by 2022
- ByStartupStory | November 8, 2021
Delhi based startup accelerator, Huddle announced that it would be infusing INR 50 crore in startups by 2022. The accelerator has already disbursed INR 25 crore in 2021 across 19 diverse startups from the field of D2C, EV, agritech and health tech.
Looking forward the company is looking forward to investing in startups across D2C, EV, alternative nutrition, creative economics and gaming sector. It has marked community aggregating startups (companies that bring disorganized sectors of formal business game through networking and communication) as its most preferable segment for investment.
Commenting about the recent announcement, the founding partner of Huddle, Sanil Sachar stated, “We aim to help startups bur less money and optimize through infrastructure. During our support of over 100 founders, we have witnessed an increasing need for acceleration of startups. As an accelerator-driven fund, we have built the infrastructure and support functions that can help ventures across different sectors from their early days and up. ”
Founded in 2017 by Ishan Khosla and Sanil Sanchar, Huddle is a startup accelerator that co-invests in startups with small checks of around $150k to $200k. Since inception, the startup has supported around 45 startups including Bold Care, Cell Propulsion, Wellversed, StepSetGo and The New Shop to name a few.
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