Forty young entrepreneurs will be selected and provided with funding and mentoring for one year.
New Delhi:
Leading stockbroker Zerodha co-founder Nikhil Kamath on Monday launched a non-dilutive grant-agnostic fund ‘WTFund’ aimed at nurturing young, promising entrepreneurs aged 25 and below.
The program focuses on individuals who have the potential to revolutionize their industries through creative ideas and compelling visions.
Kamath said in a statement: “Today, young founders tend to make the greatest impact in the entrepreneurial space. At WTFund, we aim to foster a culture that encourages young entrepreneurs to embrace risk by providing a comprehensive support system culture.”
The fund offers a comprehensive package including a non-dilutive grant of Rs 20 lakh, enabling founders to retain full equity in their business.
In addition, the fund offers operator-first mentoring pods, a vibrant community through the WTFund ecosystem.
Forty young entrepreneurs will be selected and provided with funding and mentoring for one year.
They will undergo a rigorous selection process and receive support until receiving their first institutional grant.
WT Fund is open to investments in all fields. The program will provide emerging founders, creators, makers and dreamers with a comprehensive platform for growth, providing them with financial support and a unique opportunity to interact with a vibrant community of like-minded people.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
