1 year, 2 months ago
Jungle Ventures launches program to invest in early-stage startups
Live MintSingapore-based venture capital firm Jungle Ventures said on Wednesday it has launched a program to invest in startups at the pre-seed and seed stages. Under the programme, called First Cheque, Jungle Ventures will have three of its current and former portfolio startup founders join the investment team. Amit Anand, partner at Jungle Ventures, told VCCircle the funds will come from Jungle Ventures’s latest $600 million fund and that the founders will also invest in their own capacity as angel investors. Jungle Ventures was set up by Anand and Anurag Srivastava and secured $10 million for its first fund in 2012.
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