fbpx

Campus Fund raises $10 million funding to support student-led startups

The first student-led startup investor in Asia, Campus Fund, has secured $10 million for its second fund from major organisations, family offices, and general partners of top funds. IIFL Wealth, Omidyar Network India, Bharat Shah (former HDFC chairman), Jaimin Bhatt (CFO, Kotak Mahindra Bank), Kanwajit Singh (founder, Fireside Ventures), and Shivkumar Janardhanan also participated in the round (former CEO, Essilor India).

Through its second fund, Campus Fund will continue to make pre-seed investments. Richa Bajpai launched Campus Fund in July 2020. Students are employed as investors through Campus Fund, and they scout, assess, and participate in decision-making about investments in student-led enterprises. The Campus Fund’s portfolio includes 40% non-tech founders, 30% female co-founders, and 30% hardware-first, tech-enabled student-led enterprises.

Richa Bajpai, the founder of Campus Fund said, “Over the last two years, we have scouted and evaluated more than 1,600 student-led start-ups throughout the nation with the help of over 60 students. We now have a portfolio of ten distinct student-led firms with solid foundations and the ability to change the future and contribute to India’s aim to become a $5 trillion economy.”

Campus Fund (CF) is the original and only dorm room fund in Asia. Its distinctiveness comes from the fact that it employs full-time students to administer the organisation in addition to funding student-led start-ups.

Sarvesh Kanodia, principal at Omidyar Network India stated, “We are thrilled to support Richa and the Campus Fund team in their effort to advance student entrepreneurship across the nation. This would encourage the fearless young businesspeople who are solving significant national issues and creating jobs.”

Campus Fund is by all accounts an inspiring startup with spurring development on venture capital and private equity principals platform. I’m certain this startup would keep on flourishing in its excursion ahead. All the best to the whole group of Campus Fund. This will give them a colossal achievement in the future.

Shishir Gupta, Founder and CEO, StartupLanes

Don’t keep wondering about funding, you can also raise funds. Learn how to raise funds here: Yes I want to raise funds.

If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.

You can subscribe to our news posts by entering your email in the box on the right side of this page.

Check out our YouTube channel for insightful content from the Indian startup ecosystem.

Or join our Whatsapp group to interact with other founders: Yes, I want to join the Whatsapp group.

The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.

Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business.

Tags

top