LetsVenture’s Shanti Mohan Sets Up Micro VC Fund ‘Propell’ To Back 30 Early-Stage Startups

LetsVenture’s Shanti Mohan Sets Up Micro VC Fund ‘Propell’ To Back 30 Early-Stage Startups

SUMMARY

Propell will invest in 30 early-stage tech-enabled startups working in sectors such as ecommerce, fintech, SaaS and D2C

It is backed by a cohort of investors including Vikas Choudhury from Reliance Jio and Pivot Ventures, Vivek Khare from Naukri.com, and Sudhi Herle from Google

Its portfolio includes Jar, GoBillion, Zaamo, Aulerth and Seekho.ai

LetsVenture’s cofounder Shanti Mohan has launched a micro venture capital (VC) fund Propell. 

The micro VC fund will invest INR 50 Cr in 30 early-stage tech-enabled startups working in sectors such as ecommerce, fintech, SaaS and D2C. So far, it has invested in 15 startups this year. 

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