Venture Catalysts invested in 14 startups in the last 4 months
Summary
At a time when investors are apprehensive of the impact of COVID-19 on businesses, Venture Catalysts, the country’s first and biggest integrated incubator, has invested in 14 startups since January 2020 and isworking on closing many more deals. The platform has invested across verticals such as FinTech, EduTech, InsurTech, Robotics, Retail, FMCG, DeepTech, HR-Tech, and Nutraceutical sectors. Venture Catalysts is India’s first integrated incubator that invests $250,000– $2 million in early-stage startups which have a potential to create enduring value for over a long period. Aiming to bridge the gap between metropolitan and semi-urban areas of India, Venture Catalysts focuses on entrepreneurs from Tier-II and Tier-III cities, giving wings to more than 31,600 micro-entrepreneurs. About 14 portfolio companies funded by Venture Catalysts — including BharatPe, Nupay, Blowhorn, Coutloot, Adurcup, and Jumpstart – have helped the SMEs in managing payments and their working capital needs.