Tag: VG Coop Fund

Venture Gurukool, a platform established to assist early-stage startups, is planning to launch its first fund called VG Coop Fund with a target amount of $20 million until the end of April, said Mahendra Swarup, founder of the entity. The fund will include a greenshoe option to raise another $20 million, will be used to invest in business-to-business and consumer technology start-ups. According to Swarup, the company will collaborate with three large Chinese investors who will be co-investing with Venture Gurukool. “We are floating a small fund, where we will first identify such ventures that have similar successes in China. The Chinese only want to invest in spaces they are familiar with and they have had successes in China itself. The idea is not only to fund Indian start-ups but t...