500 Startups, the Silicon Valley based accelerator and early stage, has launched a new $25M regional fund focused on India, Sri Lanka and Bangladesh.
Led by 500 Startups partner Pankaj Jain, 500 Kulfi will be focusing on investing in early stage companies with product-market fit and demonstrated traction. The new vehicle will have a sector-agnostic approach.
Anyways, it will particularly consider opportunities in such secors as FinTech, EdTech, Health & Wellness, Data Analytics, Content and SaaS/SMB.
Since 2011, 500 Startups has invested in over 50 companies in India (20 in 2015 alone) including ZipDial, SourceEasy, Instamojo, CultureAlley, SilverPush, KartRocket, and Headout.
Read more about the newly launched fund here.