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Nikhil Kamath announces second cohort of WTFund

EntrackrEntrackr · 1y ago
Nikhil Kamath announces second cohort of WTFund
Medial

Snippets Nikhil Kamath announces second cohort of WTFund WTFund, an initiative for entrepreneurs under 25, led by investor and entrepreneur Nikhil Kamath, has unveiled its second cohort, featuring 22 founders. WTFund provides up to Rs 20 lakh in grant funding, along with mentorship and strategic partnerships, to help startups scale their impact. By democratizing access to opportunities, WTFund has positioned itself as a launchpad for first-time founders, fostering a culture of innovation, resilience, and learning. It aims to bridge critical gaps in India’s startup ecosystem while empowering young entrepreneurs to build and grow. According to WTFund, it received applications from over 50 cities, including those from all tiers and remote areas. The second cohort features solutions spanning tech/SaaS, D2C, edtech, fintech, healthtech, agritech, and cleantech, driving innovation at scale. The applications also reflected a strong mobile-first mindset across all tiers. Tier 1 startups are pioneering AI/ML-driven B2B solutions, while Tier 2 and 3 founders are building vernacular-first B2C innovations tailored for India's diverse markets. These entrepreneurs are addressing local challenges while creating globally scalable solutions. The second cohort highlights nine startups, each bringing innovative solutions with the potential for significant impact. These include Nasadya, InnerGize, Armatrix, Drnk, Neoperk, ReferRush, Modus AI, Bytes, and Ai.gnosis. WTFund is designed to empower young entrepreneurs under 25 by providing early-stage grants, mentorship, and resources. Led by Nikhil Kamath, it backs founders solving critical real-world problems across sectors like healthtech, energy transition, AI, and space tech, enabling them to scale without immediate dilution pressures. The fund aspires to democratize access to capital and nurture a new generation of bold, risk-taking entrepreneurs shaping India’s future.

Global HealthX crosses $15 Mn in healthcare investments, unveils startup cohort

EntrackrEntrackr · 7d ago
Global HealthX crosses $15 Mn in healthcare investments, unveils startup cohort
Medial

Global HealthX, the healthcare and life sciences innovation hub under the Global University Foundation, has crossed $15 million in investments across healthcare and life sciences startups, as well as studio-built ventures, over the past two years. Operating at the intersection of healthcare, life sciences, and technology, Global HealthX brings together a venture studio, strategic investments, and market-access partnerships within a single, integrated model. The platform aims to address structural gaps in India’s healthcare ecosystem, particularly in access, affordability, and continuity of care. The most recent cohort includes five startups — TapHealth, Wellytics, Monitra Health, Merry Health, and Avika — working across AI-led chronic care, cardiac monitoring, emergency response, genomics-driven precision medicine, and VR-based mental health therapy. The Hyderabad-based firm typically invests between $250,000 and $500,000 per company, with flexibility for follow-on investments from pre-seed to Series A and beyond, depending on scale and impact potential. Looking ahead, Global HealthX plans to deploy $8–10 million in 2026 across 10 additional startups spanning healthcare and life sciences, reinforcing its commitment to building long-term healthcare infrastructure in India while enabling the right market access. Led by Ravindranath Kancherla, Global HealthX (GHX) is a healthcare and life sciences venture studio, accelerator, and investment fund focused on innovation, R&D, and startup acceleration in India. Operating as the innovation arm of the Global Institute for Research & Innovation (GIRI), it aims to make healthcare more accessible through technology and expert mentorship.

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