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Antler, the venture capital firm, announced plans to invest $10 million in early-stage Indian startups over the next six months. Partners Rajiv Srivatsa and Nitin Sharma will lead the initiative, targeting idea-stage founders with investments of $500,000 per company, totaling 20 investments. This $10 million is part of the $75 million that Antler committed for India.
Srivatsa shared the news on X, emphasising the timeliness of building startups in India. “NOW is the best time to build a startup in India!,” he posted.
He also provided further details on the investment: “Towards this, Nitin Sharma & I are committing $10M from @AntlerIndia into exceptional idea-stage founders in the coming 6 months. $500K per company X 20 investments – We will work with you in your ambiguous -1 to 0 phase and get you >$1Mn in total within 6-9 months of starting up!”
Srivatsa encouraged aspiring entrepreneurs to write “Build” in the comments to get a message from the Antler team. He also invited those with startup ideas or interest to tag others and join an AMA next week for more details.
Antler launched the $285 million Antler Elevate Fund in June 2023, focusing on Series A rounds and later stages, with investments ranging from $1 million to $10 million.
Since its establishment in 2018 in Singapore, Antler has expanded its investments and networks globally, covering regions such as the U.S., Europe, Africa, and Asia, including Vietnam, Japan, and Malaysia.
