Starfish Growth Partners, Investpad team up for $100 million fund
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The Starfish Investpad Innovation Fund will provide capital and fundraising advisory, business incubation and growth acceleration services, senior executives at both firms said.
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The Starfish-Investpad fund will remain industry agnostic but with a special focus on verticals such as education, manufacturing, deeptech, agriculture, fintech, healthcare and sustainability. (Illustration: Rahul Awasthi/ETtech)
Mumbai:Starfish Growth Partners and Investpad have jointly launched an innovation fund that will raise $100 million to invest in early stage startups over the next three years, both firms said on Monday.
The Starfish Investpad Innovation Fund will provide capital and fundraising advisory, business incubation and growth acceleration services, senior executives at both firms said.
Starfish Growth Partners and Investpad launch joint fund to raise $100 million for early-stage startups: Report
While not focused on any particular industry, the fund will likely pay attention to verticals such as agriculture, deep-tech, education, fin-tech, healthcare, manufacturing and sustainability
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Starfish Growth Partners and Investpad on January 25 said they have launched a joint innovation fund called the Starfish Investpad Innovation Fund aimed at raising $100 million for early-stage startups over the next three years.
The fund will provide business incubation, capital, fundraising advice and growth acceleration services, senior executives of both companies told The Economic Times.
Starfish has a history in incubating over 25 startups and raising more than Rs 25 crore in funds for them, while Investpad provides critical capital.
ETtech Morning Dispatch on 26 Jan. 2021: Top tech news to start your day
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Last Updated: Jan 27, 2021, 05:02 AM IST
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From startups budget expectations to India s pushback against WhatsApp and Chinese fintech apps, here s a look at the top tech news to start your day.
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Good morning, ETtech reader.
Today we are looking at what startups expect from the upcoming Union Budget 2021. Indian government tells the Delhi High Court that WhatsApp’s unequal policies are a cause of concern. Fintech apps by Chinese smartphone makers aren’t finding any takers.
Also in the news is Tata Consultancy Services (TCS) for becoming the most-valued IT company in the world.