We Founder Circle (WFC), an early-stage startup investment platform, launched two funds—Invstt Trust and We Founder Circle Global Angels Fund—in GIFT City on Thursday. Invstt Trust, an AIF registered with SEBI as an angel fund, will cater to early-stage Indian startups, with a target size of the fund of up to Rs 200 crore and a green shoe option of up to Rs 200 crore, totalling Rs 400 crore.

The We Founder Circle Global Angels Fund is a cross-border fund targeting global investors, with a fund size of $30 million and a green shoe option of $30 million for a term of seven years, which can be extended by an additional two years.

The average ticket size of these funds would range between Rs 3 crore and Rs 4 crore, and they will invest in startups raising pre-seed, seed, and Series A rounds. Besides capital access, WFC will also provide networking and mentorship support to startups with tech expertise and global business connections.

The sector-agnostic fund will predominately focus on sectors, including financial services, deep tech, financial technology, EV, content gaming, industrial tech, retail tech, edtech, supply chain, agritech, consumer/D2C, manufacturing, logistics, healthcare, etc. “Two to three years back, it was about mentoring and incubating startups. Now the requirement has arisen, wherein it is also about strengthening the flow of capital, streamlining it for HNIs to encourage the plus results, and bridging the gap between angel investors and startups," said Gaurav VK Singhvi, Managing Partner of Investment Manager (We Founder Circle Angel Accelerator LLP) of both the funds.