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Nikhil Kamath Launches WTFund: Empowering Young Entrepreneurs in India

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Nikhil Kamath Launches WTFund: Empowering Young Entrepreneurs in India
15 Apr 2024
4 min read

News Synopsis

Nikhil Kamath, the visionary behind Zerodha, has launched a revolutionary initiative called WTFund. This one-of-a-kind program aims to empower young Indian entrepreneurs (aged 25 and below) by providing them with the resources they need to turn their innovative ideas into reality.

WTFund: A Boon for Budding Entrepreneurs

₹20 Lakh Grant and More: A Comprehensive Support System

The WTFund offers a compelling package that goes beyond just financial aid. Here's what young entrepreneurs can expect:

  • Non-dilutive Grant of ₹20 Lakh: Unlike traditional venture capital funding, WTFund provides a ₹20 lakh grant without taking any equity in the entrepreneur's venture. This allows founders to retain complete ownership of their businesses.

  • Operator-First Mentorship: WTFund connects young entrepreneurs with experienced mentors who can provide valuable guidance and support based on their own entrepreneurial journeys.

  • Thriving Community: WTFund fosters a vibrant community within the "WTF ecosystem" where young entrepreneurs can connect, share ideas, and learn from each other.

  • Go-To-Market (GTM) Studio: The program offers access to a GTM studio, equipping entrepreneurs with the tools and strategies needed to successfully launch their ventures in the market.

  • Beta Testing and Feedback: WTFund facilitates beta testing opportunities for new products and services, allowing entrepreneurs to gather valuable user feedback and refine their offerings before a wider launch.

  • Talent Acquisition Support: The program provides access to talent acquisition channels through internship programs and a fractional CXO database, helping entrepreneurs build strong teams.

  • Moonlighting Opportunities: WTFund recognizes the hustle of young founders and offers moonlighting opportunities to help them manage finances while pursuing their entrepreneurial dreams.

Seeking the Top 1%: A Rigorous Selection Process

With the aim of identifying and supporting the  "top 1% of young entrepreneurs," WTFund will conduct a rigorous screening process to select the 40 most promising applicants. These selected founders will receive year-long funding and mentorship to help them navigate the initial challenges and propel their businesses towards success.

Open to All Sectors: Investing in the Future

Unlike many traditional funding options, WTFund is open to young entrepreneurs across all sectors. This ensures that disruptive ideas with the potential to revolutionize any industry have a chance to flourish.

Apply Now and Be a Part of the Change

How to apply for WTFund grants

Interested entrepreneurs can apply for WTFund grants through the official WTF website (www.allthingswtf.com/wtfund). The platform offers a user-friendly interface for submitting applications and accessing additional information about the program.

This innovative initiative by Nikhil Kamath has the potential to redefine the Indian startup landscape by empowering a new generation of young minds to chase their dreams and disrupt the status quo.