Announcing Galaxy: Where founders in India get $1M to invest in Indian startups.
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Galaxy
@galaxyfunds
Where Indian founders get their first fund.
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This is the fastest investing experience ever built.
Excited to partner with and and team 🚀
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Quick update from @GalaxyFunds - We selected four founders for the first cohort: Awais from @PixxelSpace, Mohit and Vatsal from @UltrahumanHQ, Sumit from @CoinDCX & one more unannounced. So far they’ve invested in 8 early-stage startups.
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In order to increase the rate of technology innovation in India, we need to increase the number of operator-angels in India.
Founders and operators are some of the most helpful startup advisors.
You can accelerate company building by inviting operator-angels to the cap table.
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Quick update from @GalaxyFunds - We selected four founders for the first cohort: Awais from @PixxelSpace, Mohit and Vatsal from @UltrahumanHQ, Sumit from @CoinDCX & one more unannounced. So far they’ve invested in 8 early-stage startups.
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Quick update from @GalaxyFunds - We selected four founders for the first cohort: Awais from @PixxelSpace, Mohit and Vatsal from @UltrahumanHQ, Sumit from @CoinDCX & one more unannounced. So far they’ve invested in 8 early-stage startups.
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The second cohort is now open and I’d love to speak with top technical founders—please tag them here!
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Quick update from - We selected four founders for the first cohort: Awais from , Mohit and Vatsal from , Sumit from & one more unannounced. So far they’ve invested in 8 early-stage startups.
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I'll be keeping a close eye on this...
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Utsav Somani announces the launch of @galaxyfunds of $45 million, which will provide select startup founders $1 million to invest in #tech startups.
@somani_utsav @naval @eladgil @lachygroom @swaaanson @tferriss @jake_zeller
yourstory.com/2022/02/utsav-
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Galaxy's thesis is simple - They believe the Indian startup ecosystem has matured enough & is time to start putting investment power in the hands of the #founders!
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Update: See the coverage in The Economic Times.
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Update: See the coverage in The Economic Times.
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The best startup advice comes from other founders. Founders in India can now provide the best capital for early-stage startups too. Learn more:
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In 2021, there was $39B deployed into Indian startups and 11 tech IPOs. Half of India’s 88 homegrown unicorns were minted in the last year alone.
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Founder-led funds are almost non-existent in India. The startup ecosystem here has hit the critical mass to change this and create a movement of founders backing founders.
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. handles the legal and back-office for the funds—founders don’t lift a finger to close deals.
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Founders also get better at running their own companies by joining this small and elite program of founders.
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Angel investing experience is not required—founders are paired with experienced investors who provide real-time feedback on investments.
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Founders keep their day job: they invest at their own pace and stay focused on their companies. They just invest in the companies they’re helping anyway.
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