Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2012-11-21

Dave McClure to invest in Indian start-ups

US based angel investor and founder of business incubator 500 stratups Dave McClure is looking at Indian subcontinent for setting up 500 StartupWallah, a $5-million limited partnership VC fund to back Indian start-ups, according to a filing on the US Secu

US based angel investor and founder of business incubator 500 stratups Dave McClure is looking at Indian subcontinent for setting up 500 StartupWallah, a $5-million limited partnership VC fund to back Indian start-ups, according to a filing on the US Securities and Exchange Commission.

Delhi-based mentor Pankaj Jain had also joined the company to attend to Indian start-ups and focus on community building.

The start-up accelerator has also partnered with Rajesh Sawhney of GSF Superangels in India. The fund has also invested in companies like Teliport.me, MyGola and CucumberTown.

Paul Singh, a mentor at 500startups and an angel investor looks after their investments in India.

While “wallah” is an Arabic oath, it is also a common Indian suffix used to convey the idea that you are engaged in a given activity.

Related opportunities
  • Quick Service Restaurants
    The company was incorporated in 2017 and is successfully since..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: Established in the year 2015, Fugazee is a youth..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • GPS navigaiton & tracking system
    About Us: trackNOW Pvt Ltd. is the brainchild of a pair..
    Locations looking for expansion Gujarat
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Gyms and Fitness Centres
    About Us: UFC GYM is the first to combine mixed martial..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2013
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai 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

Free Advice - Ask Our Experts