The $15m fund, backed by conglomerate Chokhani Group will make investments in 10 to 15 India-based startups each year.
India-based conglomerate Chokhani Group and Canada-based accelerator Ryerson Futures are launching a $15m to invest in India-based technology startups, Tech in Asia reported yesterday.
The Zone Startups India fund will make 10 to 15 investments each year in companies that are graduates of Zone Startups India, the accelerator formed by Ryerson Futures and Bombay Stock Exchange. It will invest between $50,000 and $500,000 a time in each target company.
To date, Zone Startups India has selected 38 startups focused on…
