- We Founder Circle facilitated investments worth over ₹100 crore in 53 startups with 71 deals in 2022.
- It backed startups across sectors like deeptech, web3, fintech, healthtech, agritech, EVs, D2Cs and more.
- As many as 70% founders of its startups are from tier 2, 3 and 4 cities.
We Founder Circle (
WFC), a founders-led early-stage startup investment platform, facilitated 71 investments into 53 startups in 2022. It claims to have become one of the fastest-growing angel network communities, and facilitated investments to the tune of ₹100 crore across these deals.
“This year we have not only topped the list of most active angel investment networks, we have launched our startup marketplace to our community and are now offering the same tech to other networks as
SaaS products. In addition we have launched two funds, a domestic fund and a crossborder fund,” said Neeraj Tyagi, co-founder and CEO, We Founder Circle.
Established in August 2020, WFC has over 2,000 founders globally, over 6,700 strategic angels across 40 countries that provide seed funding, strategic business partnerships and global networking opportunities for entrepreneurs. They participated in over 100 deals with over $20 million investments as of now and invested in over 80 unique startups.
It also gave seven partial exits to its investors in the second year. Born in the pandemic, WFC backed startups across sectors like deeptech, web3, fintech, healthtech, agritech, EV, D2C and more.
“On the portfolio side, over 25% are being led by women entrepreneurs and 70% of our founders come from tier 2/3/4 cities, which validates our commitment to build a 100 startup cities of
India vision. We are sector agnostic but have special focus on amazing business models disrupting various verticals in India including SAAS, EV, agritech, healthcare and fintech,” said Tyagi.
SEE ALSO:
EV charging aggregator ElectricPe closes pre-Series A round at $5 million led by Blume VenturesRecode Studio's free lunch with make-up classes wins over Shark Tank judges, but gets no moneyHow WittyFeed founders lost a company overnight and launched a ₹300 crore startup in a year
Next Story
Tesla tells some laid-off employees their separation agreements are canceled and new ones are on the way
Taylor Swift's 'The Tortured Poets Department' is the messiest, horniest, and funniest album she's ever made
One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
Stock markets stage strong rebound after 4 days of slump; Sensex rallies 599 pts
Sustainable Transportation Alternatives
10 Foods you should avoid eating when in stress
8 Lesser-known places to visit near Nainital
World Liver Day 2024: 10 Foods that are necessary for a healthy liver
