We Founder Circle announces to invest in 10 local startups in Telangana in the upcoming year
- ByStartupStory | December 15, 2022
The team of We Founder Circle (WFC) has recently made an overwhelming offer to the local startups of Telangana that they will be investing a huge amount in the early 2023.It has targeted to invest in 50 startups in the upcoming 5 years, out of which 10 to get funding in 2023.
WFC already has more than five startups in its portfolio hailing from the region. Considering that Hyderabad is becoming a tech hub and a lot of innovative startups are rising from the land, WFC recently announced Invstt Trust Fund to cater to the ingenious startup business models.
Neeraj Tyagi, co-founder of WFC, said, “We have a knack for understanding the pulse of what it takes for a startup to succeed. We are planning to explore deeper into verticals like agritech, SaaS, web3, deep tech, EV, and AI. It is about further propelling the growth of emerging technologies and contributing to the rising tech hub in the country. We are foreseeing Hyderabad as the next “Bengaluru.”
Gaurav VK Singhvi, another co-founder of the company added, “We will be coming up with aggressive plans to empower the investors from Tier II and III areas in Andhra – Telangana region. This will be followed by a series of investor meets and startup meets so that the bridge between the two sides is well established here as well.”
“WFC has also partnered with local ecosystems such as T-Hub, to boost the platform in democratizing early-stage start-up investments. We believe local ecosystems play a significant role in building the startup ecosystem of a region and we plan to create more of such partnerships,” he also added.
“A Digital-First, community-based investment platform, our community members are a mix of corporate executives, founders and Investors who have been part of the startup ecosystem here and globally. Our vision is to build a global network of founders & strategic investors offering Funding, Business & Community.”, the company said.
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