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Nikhil Kamath, co-founder of Zerodha, has launched a new funding initiative named 'WTFund' aimed at supporting young entrepreneurs. The fund offers a non-dilutive grant of Rs 20 lakh to entrepreneurs aged 25 and under. The sector-agnostic 'WTFund' allows founders to retain full equity in their ventures, providing significant financial support without requiring equity stakes in return. Details on the application process and selection criteria for the grant were also released, targeting emerging entrepreneurs seeking to establish or grow their businesses.
Zerodha co-founder Nikhil Kamath announced the launch of WTFund, a non-dilutive grant agnostic fund dedicated to nurturing young entrepreneurs aged 25 and under https://t.co/lusHBVX2x3 via @moneycontrolcom
Zerodha's Nikhil Kamath launches fund for young entrepreneurs https://t.co/lusHBVX2x3 via @moneycontrolcom
Zerodha’s @nikhilkamathcio launches WTFund for young entrepreneurs The sector agnostic fund called the ‘WTFund’ will offer a grant of Rs 20 lakh, enabling founders to retain full equity in their ventures. https://t.co/j9lqhK2VRl
