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.
Business Opportunities
Our Group Sites
Popular Cities
