As part of a significant development in India’s entrepreneurial world, Mr. Nikhil Kamath today announced the launch of WTFund, a pioneering non-dilutive, subsidy-agnostic fund dedicated to developing promising young entrepreneurs under the age of 25. announced the establishment of
One of the first of its kind, the fund targets individuals who have the potential to revolutionize their industries through innovative ideas and compelling vision. This initiative provides a comprehensive growth platform for emerging founders, creators, makers, and dreamers, offering financial support and a unique opportunity to join a vibrant community of like-minded people. Masu.
To support these bright young entrepreneurs, WTFund is offering a comprehensive package that includes a non-dilutive grant of Rs 20 million that enables founders to retain the full stake in their venture. Additionally, the fund will support talent acquisition channels through operator-first mentorship pods, a vibrant community through the WTF ecosystem, a Go-To-Market (GTM) studio, beta testing, feedback opportunities, and even an internship program. provides access to. Fractional CXO databases and moonlighting opportunities.
Nurturing youth entrepreneurship: WTF’s vision
Nikhil Kamath of WTF said: “Respect for elders is deeply rooted in our culture. But this does not mean that we should treat the youth of this country with disrespect. India, where I spent my childhood, It’s a markedly different country than what we see today, when the focus was more on securing stable employment for young people than on pursuing entrepreneurship and accepting risks. Founders tend to have the most impact in entrepreneurship, and WTF’s goal is to foster a culture that encourages young entrepreneurs to embrace risk by providing a comprehensive support system. We are excited to launch this fund and see where it goes.”
Forty young entrepreneurs under the age of 25 will be selected to receive funding and mentorship over a year. The fund is looking for top 1% young entrepreneurs. These founders undergo a rigorous vetting process and receive customized support until they secure their first institutional funding. As the largest grantmaker of its kind, WTFund accepts investments in all sectors.
The fund is officially launched and will be accepting applications from April 15, 2024 on the WTF website (www.allthingswtf.com/wtfund).
