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VC firm gradCapital launches $500K fund for women founders

Student-focused venture capital firm gradCapital is launching a fund worth $500K directed towards women founders named Entreprenher.

According to the VC firm, the objective of this fund is to create a pipeline of female founders under the guidance of the team leadership- Simran Handa and Abhishek Sethi, co-founder at gradCapital.  Mentors will include, Richa Kar, Priyanka Chopra, Richa, Dr. Gayatri Hela, along with over 10 other entrepreneurs and executives across companies in India.

Entreprenher will host an eight-week, intensive program by experienced founders for companies founded and run by students. The program will provide a layout conducive to the context of students to make sure they are all set to raise their subsequent funding round, said Entreprenher in a press release.

The Entreprenher team comprises female founders across diverse sectors, including Zouk, Snap, ShareChat, CIIE, and Unitus Capital guiding new female entrepreneurs towards tackling the problems women founders face in India, such as lack of mentorship and support, as well as funding.

Entreprenher is currently seeking applications on its website and plans to make selective monetary investments within their cohort to support female founders.

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