Bengaluru-based venture capitalist, Ankita Vashishta, will launch a $1 billion venture capital fund to assist 1,000 women-led or women-focused start-ups in India and overseas in the next five years.
To start with, her venture firm, StrongHer Ventures, floated a $100 million venture fund to fund women start-ups in fintech, future of work, healthcare, consumer, and Web 3.0 that comprises crypto (NXT), metaverse, blockchain, artificial intelligence, machine learning, etc.
“We will be a billion-dollar venture fund platform in the next five years, the largest in the world for women. Our plan is to launch at least five more venture funds focused on diverse domains to support the growth of the female economy in multiple geographies,’‘ Ms. Vashistha, founder and managing partner, StrongHer Ventures told The Hindu.
