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The World V Technology Fund – Series 1 target to have a corpus of Rs. 100 crore. It will invest in
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New Delhi, February 17, 2019:
World V today announced the launch of World V Technology Fund – Series 1
The World V Technology Fund – Series 1 target to have a corpus of Rs.100 crore. It will invest in early to mid-stage deep technology companies working in industries such as consumer, healthcare, finance, logistics and entertainment.
World V will lead the investment in both consumer facing and B2B companies working on emerging technologies including Cloud, Big Data, Artificial Intelligence, Machine Learning and Internet of Things.
Speaking on the launch of World V Technology Fund – 1, Deepak Shetty, Director – World V, said, “The pool of talent that is present in India in unparalleled. The World V Technology Fund – Series 1 will identify companies that needs more than just funding”.
“We will not just be investing in the company but we will be their partner in the growth story. With access to global best practices, World V will work towards creating a platform for knowledge transfer and nurturing of talents in the invested companies. This is first in a series of technology funds that we will be introducing in India,” he added.
About World V
Founded in 2019, World V is the brainchild of IITians. The organisation’s goal is to help Indian entrepreneurs in their global expansion journey. Focussed on exploring opportunities in consumer, healthcare, finance, logistics and entertainment, World V’s aims to be a formidable investor in the Indian startup ecosystem. The team has a cumulative experience of over 100 years and comprises of entrepreneurs, business leaders, deep-tech specialists and financial service professionals to allow comprehensive vetting of projects. For more insight, visit us at www.world5.fund