{"id":8111,"date":"2024-06-14T03:28:11","date_gmt":"2024-06-14T03:28:11","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=8111"},"modified":"2024-06-14T03:28:11","modified_gmt":"2024-06-14T03:28:11","slug":"will-invest-in-50-startups-in-telangana-we-founder-circle-founders","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/will-invest-in-50-startups-in-telangana-we-founder-circle-founders\/","title":{"rendered":"Will invest in 50 startups in Telangana: We Founder Circle founders"},"content":{"rendered":"

Co-founders of We Founder Circle (WFC), a startup platform, said they will aggressively invest in 50 startups across Telangana<\/a> within five years. Speaking to reporters at TiE Global Summit 2022, co-founder of WFC Neeraj Tyagi said they will facilitate funding for at least 10 startups by 2023.<\/p>\n

For a lot of startup verticals such as auto service, Web3 and SAAS, Hyderabad has become the launchpad, Tyagi said. The best examples of the success we see for startups in the Hyderabad-Telangana regions are Hesa and CUSMAT.<\/p>\n

Interestingly, a majority of 75% of the investors happen to hail from tier-2 and tier-3 cities rather than the metros. WFC has also partnered with local Ecosystems<\/a> such T-Hub, to boost the platform in democratising early-stage startup investments.<\/p>\n

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, Gaurav VK Singhvi, WFC co-founder said. The executives of the company also note that the Average<\/a> ticket size of these investments would be between $100,000 to $150,000.<\/p>\n","protected":false},"excerpt":{"rendered":"

Co-founders of We Founder Circle (WFC), a startup platform, said they will aggressively invest in 50 startups across Telangana within five years. Speaking to reporters at TiE Global Summit 2022, co-founder of WFC Neeraj Tyagi said they will facilitate funding for at least 10 startups by 2023. For a lot of startup verticals such as … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1097],"tags":[757],"class_list":["post-8111","post","type-post","status-publish","format-standard","hentry","category-telangana","tag-10-12-22"],"yoast_head":"\nWill invest in 50 startups in Telangana: We Founder Circle founders - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/will-invest-in-50-startups-in-telangana-we-founder-circle-founders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will invest in 50 startups in Telangana: We Founder Circle founders\" \/>\n<meta property=\"og:description\" content=\"Co-founders of We Founder Circle (WFC), a startup platform, said they will aggressively invest in 50 startups across Telangana within five years. Speaking to reporters at TiE Global Summit 2022, co-founder of WFC Neeraj Tyagi said they will facilitate funding for at least 10 startups by 2023. For a lot of startup verticals such as ... 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