We Founder Circle plans to invest Rs 44 cr in start-ups in next fiscal

Investment platform We Founder Circle on Tuesday said it plans to facilitate investment of Rs 44 crore in Indian start-ups in 2021-22.

The entity claimed to have invested around USD 400,000 (around Rs 3 crore) in eight start-ups within 100 days.

“We have already invested over USD 400K in 100 days, which highlights the significance of the model that we have launched. By fiscal 2021-22 end we plan to facilitate funds worth USD 6 million (Rs 44 crore),” We Founder Circle (WFC) CEO Neeraj Tyagi said in a statement.

“We are already in aggressive talks with the startups and aim at watering the fundraise field to the best of our abilities,” Tyagi said.