The Live Ahmedabad
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured

The Live Ahmedabad

  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
Ahmedabad Business

WFC to invest 5 million in Gujarat-based startups over the next 12 months

by TLAteam June 7, 2022June 7, 2022
written by TLAteam June 7, 2022June 7, 2022
WFC to invest 5 million in Gujarat-based startups over the next 12 months

The ‘We Founder Circle Investors Meet’ was held in Gujarat by We Founder Circle (WFC), an early-stage start-up investment platform led by a global community of successful founders and strategic angels. The three-day event in Surat, Baroda, and Ahmedabad attracted over 220 HNIs and businessmen.

WFC facilitated the program to boost the overall growth of emerging startups by utilizing an extensive network of highly experienced mentors and exceptional entrepreneurs. Gaurav VK Singhvi, a Gujarat native and Co-founder of We Founder Circle played an instrumental role in bringing startups and investors together on the same platform.

The first investors event was held on June 1st at the Amore Banquet Hall in Surat, with over 70 plus ultra HNI’s in attendance. Three startups that presented their ideas and products include Oben- an electric two-wheeler company; Stage- a hyper-local OTT platform that produces content in dialects like Haryanvi, Rajasthani, etc; and Cusmat- a technological firm that provides high immersion skilling and training systems for enterprises.

The second investors meeting was held on June 2nd at Courtyard by Marriot in Vadodara with a massive presence of 70 plus HNIs and businessmen who invested around 5-6 crores in three companies including Oben, Stage, and Glamyo.

The third investors and Startup event was held on June 3rd in Gujarat’s largest city Ahmadabad at 079|Stories. Student ink, an online education startup, participated alongside Oben, Stage, and Glamyo. All five startups are expected to receive funding of around 15-20 crores from all three events.

 “We Founder Circle is always dedicated to enable new avenues of mentorship and support to startups. We are glad to have hosted three crucial events in Gujarat and it will surely assist the startups in strengthening their entrepreneurial journey. Till date, we have set a mark in nine cities and our motive is to democratize early-stage startups across India. In the next 35weeks we plan to invest in 70 cities and raise business investment awareness as well” said, Gaurav VK Singhvi, Co-founder of We Founder Circle.

On the success of Vadodara Investor meet Mr. Kalpesh Shah – Vadodara Venture Partner for We Founder Circle affirmed “The Vadodara event was a boom. The arrival of more than 70 HNI’s was quiet overwhelming and has encouraged us to retain our firm belief in the cause of the community that we have formed.

The event at Ahmedabad was a success. All the five startups that participated in the event were able to attract investor interest and secured a good amount of funds. The idea behind the formation of this community seems to be working. we hope to be able to assist more young startups with some extraordinary ideas. Yash Vasant – Ahmedabad Venture Partner of We Founder Circle

To further strengthen its connection with the entrepreneurial world, WFC had a crucial dialogue with early-stage startups on July 4th at Centre for Innovation Incubation and Entrepreneurship, Indian Institure of Management, Ahmedabad.

Over the next 12 months, We Founder Circle has committed to investing $5 million in Gujarat-based startups. Since its launch in 2020, the platform has attracted 2,000 founders and strategic investors from 16 different countries. In its first year, the platform received 33 investments totaling $20 million. The angel network claims that with the right network of mentorship and guidance, the businesses it has backed have grown by 25% month over month on average.

0 comment
previous post
Samantha wraps up shooting for Koffee With Karan 7, shares pictures
next post
Plantable baggage tags: Unique airport initiatives for a greener India

You may also like

After Mother Dairy Amul Announces Rs 2 Per...

May 1, 2025

Gold Prices in Ahmedabad Hit One Lakh, Experts...

April 23, 2025

Sensex & Nifty Hit New Peaks, But Global...

January 12, 2024

Ahmedabad set for R‘ERA’ in real estate market;...

December 30, 2023

Ahmedabad traffic police Collects Rs 4.34cr Fine For...

December 10, 2023

WordCamp Ahmedabad 2023: A Celebration of Growth, Learning,...

December 4, 2023

Wakefit Store in Ahmedabad offers free accommodation on...

November 18, 2023

Investment MoUs of Rs 20,000 Cr Signed with...

November 2, 2023

GI Outsourcing Announces its Business Expansion Plans in...

October 31, 2023

QSR Startup Ajay`s Opens First COCO Outlet In...

October 23, 2023

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Recent Posts

  • Ahmedabad: 4-Month-Old Baby Dies After Rottweiler Attack in Housing Society

    May 13, 2025
  • Kalorex Future School Ghatlodia, Celebrates Remarkable Grade 10 Results of the Batch 2024-25

    May 13, 2025
  • Delhi Public School-Bopal Achieves Stellar Results in SSCE 2024-25

    May 13, 2025
  • Sensex Falls 1,282 Points, Nifty Slips Below 24,600; Infosys Drops Nearly 4%

    May 13, 2025
  • 23-Year-Old Man Arrested for Harassing and Slapping Woman in Surat

    May 13, 2025
June 2022
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
27282930 
« May Jul »
Footer Logo
  • Home
  • Ahd City
  • Business
  • Entertainment
  • Education
  • Crime
  • Health
  • Politics
  • Sports
  • Featured
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms of use
  • Advertise with Us
  • Work With Us
  • Contact Us

© 2021 - The Live Ahmedabad. All Rights Reserved.