Read the full press release here.
Yesterday, we launched an additional cornerstone to the community venture capital model. We see this step as one of many, toward creating a global funding community, with the proper tools to manage and cultivate innovations from all around the world. As several layers of funding institutions already exist, the idea has always been to utilize them together with prominent partners around the world, in creating a value-adding and more efficient operating way, to provide early phase companies with the right tools for success.
Keeping in line with the concept of creating a “Virtual Silicon Valley” and developing new models for more efficient early phase funding Grow VC rolls out the Virtual VC Co-investment Fund to enable VC’s to participate in Grow VC’s seed investments.
The first on board in this Virtual VC Co-Investment Fund is IndiaCo Ventures Limited, a profitable investment 
management firm listed on the Bombay Stock Exchange.
“The early stage startups space in India is an extremely exciting one and the virtual fund would open doors for VC’s to be a part of this promising market which has tremendous talent and potential given they get access to better funding options” states Rahul Patwardhan Vice Chairman and Managing Director at IndiaCo.
The development of our community has been at a great pace, yet we eagerly await the future where entrepreneurs have more equal opportunities in a global setting. Working with the actors that are passionate about building a better future, with a focus on entrepreneurship, we are confident we can unlock the tremendous potential in global startups.
Tags: bombay stock echange, india, indiaco, vc co-investment fund, vc co-investment model, Venture capital, virtual fund
