The record
Written from the 1 report below. Nothing here is unsourced.
- VIT has signed an MoU with Singapore-based Thinkuvate and Indore-based ValleyNXT, two early-stage venture capital firms, to fund startups founded by its students.
- The firms will together invest up to ₹10 crore, with ₹5 crore each, in two to three student-led startups over the next 2-3 years, subject to due diligence.
- Each selected startup could receive around ₹2 crore to ₹3 crore.
- The partnership is expected to expand opportunities for startups across India and Southeast Asia.
What to watch next
- Which student startups clear due diligence and receive funding
- Whether the planned two to three investments materialize within the 2-3 year window
- Progress on the stated expansion of startup opportunities in India and Southeast Asia
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1 report
English national1
All filed from India
Named India · Singapore · Addison Appu · Indore · Thinkuvate · ValleyNXT · VIT
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