We Founder Circle invests Rs 100 crore across 71 Deals In 2022
- ByStartupStory | January 5, 2023
We Founder Circle (WFC) announced on Thursday that it had closed 71 bets in 53 startups with an investment of Rs 100 crore (approximately $12.5 million) in their second year.
Within its first two years of operation, the early-stage investment firm has made 104 investments in more than 80 startups.
In the second year, it provided seven partial exits to its investors. Over 6,700 investors from over 400 cities and 40 countries have invested in over 100 deals totaling more than $20 million.
“On the portfolio side, over 25% are being led by women entrepreneurs and 70% of our founders come from tier II and beyond cities, which validates our commitment to building 100 startup cities in India. We are sector agnostic but have a special focus on SaaS, EV, agritech, healthcare and fintech,” said Neeraj Tyagi, co-founder and chief executive, We Founder Circle.
We Founder Circle was founded in 2020 with an industry-agnostic approach WFC has raised fund for many startups across the country.
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