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Startups that mint opportunities out of crisis will benefit from funding – Anil Joshi

Unicorn India Ventures is a prominent name among the investor community in India. Till date, it has publicly announced about 17 investments, and counts startups, such as neo-bank Open and micro-lending startup SmartCoin among its portfolio. Founded by Anil Joshi and Bhaskar Majumdar, the technology-focused, early-stage investment firm will look to make an estimated 20 investments from Fund-II, investing about $1 million at the Pre-Series A stage and upwards. Anil Joshi speaks about the investment opportunities of startups, stressing on the Kerala ones.

The B2B sector which has startups that solve problems faced by society has great scopes of funding. Most of the startups succeed in getting funding too. Currently, Unicorn Ventures is planning for funding worth 400 Cr to the B2B sector. Among these, Rs 100 Cr will be exclusively for Kerala Startups. Anil Joshi also highlighted that deep-tech companies will benefit much from investments. Startups in B2B, Health-tech, Meditech and fintech  segments can look out for a funding galore.

Seed stage, Pre Series A and Series A are the segments which will be focused. Unicorn Ventures aims to fill the gap in the space that most investors do not notice much, said Anil Joshi.

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