“Zerodha’s Nikhil Kamath Introduces Investment Initiative for Under-25 Entrepreneurs”

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Nikhil Kamath, the co-founder of leading stockbroker Zerodha, has announced the launch of ‘WTFund,’ a non-dilutive grant agnostic fund aimed at nurturing young and promising entrepreneurs aged 25 and under. This initiative seeks to support individuals with innovative ideas and transformative visions, empowering them to revolutionize their respective industries.

The core focus of WTFund is to recognize and empower young founders who have the potential to make a significant impact in the entrepreneurial landscape. Nikhil Kamath emphasized the crucial role that young entrepreneurs play in driving innovation and fostering change. He stated, “Today, young founders tend to create the most impact within entrepreneurship. At WTFund, our goal is to cultivate a culture that encourages young entrepreneurs to embrace risk by providing a comprehensive support system.”

One of the key features of WTFund is its non-dilutive grant of ₹20 lakh, allowing founders to retain full equity in their ventures while receiving vital financial support. Moreover, the fund offers access to operator-first mentorship pods and a vibrant community within the WTFund ecosystem, providing valuable guidance and networking opportunities.

The fund plans to select forty young entrepreneurs for funding and mentorship over a period of one year. Applicants will undergo a rigorous screening process and receive ongoing support until they secure their first institutional funding, ensuring sustained growth and success for their ventures.

WTFund is open to investing in all sectors, offering a comprehensive growth platform for emerging founders, creators, makers, and dreamers. Through financial backing, mentorship, and community engagement, WTFund aims to empower young entrepreneurs and catalyze innovation across various industries.

This initiative not only provides financial support but also fosters a collaborative environment where like-minded individuals can exchange ideas, learn from each other, and drive collective growth. WTFund represents a significant step towards empowering the next generation of entrepreneurial talent and fostering a culture of innovation and risk-taking in the startup ecosystem.

Sources By Agencies