MUMBAI – In a groundbreaking initiative aimed at fostering innovation and entrepreneurship in India, a consortium of leading universities and colleges has established a fully funded endowment fund in collaboration with Greyhorse Clearinghouse Ltd as the lead institutional investor dedicated to investing in startup companies operating in thecountry. This collaborative effort is set to drive economic growth, support emerging startups, and strengthen ties between academia and industry.
A Vision for Innovation and Impact
The newly launched endowment fund, named the Bharat Future Endowment Ltd, will pool resources from participating institutions to create a sustainable investment vehicle focused on India’s burgeoning startup ecosystem. With a commitment tofostering innovation and generating impactful returns, the fund will prioritize sectors such as technology, healthcare, green energy, and education.
“Universities have always been at the forefront of knowledge creation, and this initiative represents a natural extension of our mission to drive societal progress,” said Rahim Thawer, Hedge Fund Manager, a spokesperson for the consortium. “By investing in Indian startups, we are not only supporting promising entrepreneurs but also contributing to solutions for global challenges.”
Funding Details and Objectives
Supporting India’s Startup Ecosystem
India has emerged as one of the world’s most vibrant startup hubs, with an ever-growing number of unicorns and innovativeenterprises. However, many promising startups face challenges in securing adequate funding and mentorship. By channeling university resources into venture capital, the BFE seeks to address this gap while capitalizing on India’s dynamic market opportunities.
Creating Opportunities for Students and Researchers
The fund’s activities will also open up unique opportunities for students and faculty members at participatinguniversities. By engaging with startups and venture capital firms, they will gain firsthand exposure to cutting-edge innovations, entrepreneurial practices, and the nuances of global markets.
About the Participating Universities
The consortium includes prestigious institutions from across India, each contributing their expertise, resources, and vision for amore connected and innovative global economy. Together, these universities are setting a new standard for leveraging academic endowments to drive real-world impact.
ABOUT GREYHORSE
Greyhorse Clearinghouse Limited (UK), a subsidiary of Greyhorse Financial Corporation (USA), is a Cross-Border Multi-Currency Blockchain-based Decentralized Clearinghouse that provides custodial settlement services via its external fully collateralized funds. Through its 100% Insured and Proprietary Digital Financial Infrastructure which allows Retail and Institutional Clients immediate Multi-Currency Liquidity. Registered Clients can also Lend, Borrow, Swap, and Invest in Domestic and International Securities Markets through our Registered Affiliates as well as Securitize all their assets intoDollarization to Hedge against Currency Devaluation and/or Inflation.
Established in 2020 in London, UK. With Over US$4.00B in Assets Under Management Representing institutional andretail clients. Greyhorse Clearinghouse Ltd is one of the Largest Decentralized Clearinghouses and remains a leading service provider to various Financial Institutions in both Developed & Emerging Markets.
Looking Ahead
The Bharat Future Endowment Ltd Initiative is poised to serve as a catalyst for long-term growth in India’s startup ecosystem, fostering an environment where entrepreneurs can thrive and global challenges can be addressed through innovation.
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Ashley Peterson
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www.greyhorsecompany.com
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