HomeInsightNews & UpdateVenture Capital Firm DeVC India Invests In 30 Startups Across Various Sectors

Venture Capital Firm DeVC India Invests In 30 Startups Across Various Sectors

DeVC announces its investments in 30+ startups, across sectors since inception in 2023. DeVC derives its name from “Decentralized Venture Capital” and the investments have been made by a collective of founders, operators and investors coming together to back startups from concept to early traction.

DeVC announces its investments in 30+ startups, across sectors since inception in 2023. DeVC derives its name from “Decentralized Venture Capital” and the investments have been made by a collective of founders, operators and investors coming together to back startups from concept to early traction.

Read also – [Funding alert] Ati Motors Raises $10.85 Mn In Series A Funding Round

DeVC aims to decentralize early-stage investing by shaping a community-first approach to backing and supporting startups. Individual investors in the DeVC collective have played an integral role in shaping the early-stage ecosystem in India. They bring together proprietary domain knowledge, specialized functional expertise, and access to valuable networks that accelerate the progress of early-stage companies.

“Through my journey as a founder at The Moms Co., I found the best advice from other founders who became mentors and guides over time. As I invest with the group at DeVC, I am hopeful that we can use our collective experience across domains to help early-stage founders with their questions and any help they need as they build their business.” said Mohit Sadaani, Co-founder of The Moms Co. & DeVC Investor.

Read also – [Funding alert] Gushwork.ai Secures $2.1 Mn In Pre-Seed Funding Round

To foster collaboration and mentorship, DeVC will be anchored around physical spaces designed to be hubs for the collective and its portfolio companies. These hubs will facilitate regular roundtables and mentorship workshops, while also serving as a coworking space for the DeVC startup teams. The first hub was launched this week in Bangalore.

“Over the last few years, the start-up ecosystem has experienced multiple cycles, underscoring the importance of experienced founders and operators in mentoring the next wave of entrepreneurs. Through DeVC, a collective established by the founders for the founders, we aim to be a force multiplier for innovation and learning, fostering sustainable growth.” shared Divyanshi Chowdhary, DeVC.

Read also – [Funding alert] Vodex Secures $320K In Pre-Seed Funding Round

About DeVC

Setup in 2023, DeVC is a collective with a mission to equip early-stage companies with the necessary resources for their success, through capital investment, industry expertise and continuous mentorship. DeVC is derived from Decentralized Venture Capital and epitomizes the belief that early-stage venture journey support is provided best by a collective of founders and operators working together.

Read also – [Funding alert] Louis Stitch Secures INR 5 Cr In Pre-Series A Funding Round 

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