Paytm’s Vijay Shekhar Sharma, Vickram Singh to Invest 150 Mn in Startups through “Green Fund”
Paytm Head Vijay Shekhar Sharma and venture capitalist Shailesh Vickram Singh have together launched an environmental protection fund which will be dedicated to investing in startups, companies and individuals working towards mitigating environment-related problems in the country.
The new massive fund which is first of its kind will focus on large problems faced by humanity in the areas of food and agriculture, air and water pollution, renewable energy favouring sustainable development.
The fund aims to invest up to $150 million in the mentioned sectors keeping itself aligned with the United Nations Sustainable Development Goals.
The fund will look up to Institutional and High net-worth investors to raise capital. Moreover, the fund will also aim to build an ecosystem for reducing...