Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2015-03-19

500 Startups looks to raise $20 million for India fund Startupwallah

500 Startups has invested in hundreds of internet startups in 50 countries all over the world.

500 Startups, a Silicon Valley seed fund and accelerator founded by PayPal and Google alums, is in talks to raise $10-20 million (about Rs 60-120 crore) for its India fund – ‘Startupwallah’.

500 Startups has invested in hundreds of internet startups in 50 countries all over the world. It run an incubation and accelerator program emphasizing design and user experience, distribution and customer acquisition, and lean start-up practices and metrics.

The investment team is comprised of 15 people who speak 20 languages and operate in 10 different countries. Their team and mentors have had operational experience at companies such as: PayPal, Google, YouTube, Yahoo, Microsoft, eBay, LinkedIn, Twitter, Apple and Facebook.

As per the report, the deal if closed, 500 Startups will offer $50,000-100,000 (Rs 30-60 lakh) per startup for an equity stake of 7 per cent. "We have to be plugged into the local system. Our regional funds will help achieve that," said Aerin Lim, Director of investor relations, 500 Startups.

500 Startups is founded in 2010. In the last 4 years, it has invested in over 700 companies in more than 40 countries. It has offices in Mountain View, San Francisco, New York City, and Mexico City.

Related opportunities
  • About My Home FitnessVoted as Vogue’s Beauty Fitness Expert Of..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Casual dine Restaurants
    About:RISO is a casual dining vegetarian restaurant launched by one..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2017
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2200 - Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Business DetailsBelow The Waist is a MBO for Male Bottom..
    Locations looking for expansion Rajasthan
    Establishment year 2014
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 300 - 500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Jaipur Rajasthan
  • Competitive Exam Coaching Institute
    IMS being in the education sector for over 40 years,..
    Locations looking for expansion Maharashtra
    Establishment year 1977
    Franchising Launch Date 2001
    Investment size Rs. 2lac - 5lac
    Space required 1500 sq. ft.
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities