A quick look at the investments of Yuvraj Singh-backed YouWeCan Ventures
Since the launch of YouWeCan Ventures, Indian cricket star Yuvraj Singh has left no stone unturned in helping budding entrepreneurs scale up to different levels. Be it brand building, strategising effective marketing campaigns, or the monetisation of the business model, YouWeCan Ventures has played an extensive role in endorsing the business plans of startups.
Last year, during the launch of YouWeCan Ventures, Yuvraj announced that he would invest Rs 40-50 crore over the next three to five years in startups. Online beauty services venture Vyomo, logistics startup Moovo, healthcare startup Healthians, edtech startup Edukart and online marketplace for the chartering of private jets JetSetGo are some of the portfolio companies of YouWeCan Ventures.
Let’s have a quick look at the investments of YouWeCan Ventures so far:
Vyomo
Mobile-centric beauty and wellness platform Vyomo had last year raised an undisclosed amount of seed funding from Yuvraj’s investment firm, among others. This was the first funding round led by YouWeCan Ventures. Vyomo aims to create a one-stop solution for consumers and beauty professionals to manage and grow their business through a smartphone.
Moovo
In June last year, Delhi-based on-demand logistics booking platform Moovo had raised seed funding from YouWeCan Ventures and other angel investors. The online platform offers on-demand booking services for mini-trucks via a mobile app, a website and call centers.
Black White Orange
Mumbai-based brand licensing startup Black White Orange Brands Pvt Ltd raised funding from YouWeCan in December last year. Black White Orange provides merchandising solutions and helps brands, celebrities, media and retailers find ways to strengthen their relationship with the most important stakeholder of all – the consumer.
Cartisan
Bengaluru-based automotive service marketplace Cartisan had, in July last year, raised an undisclosed amount in a seed round from YouWeCan Ventures, Global Founders Capital, TaxiForSure’s Aprameya R and others. Cartisan is an automotive service marketplace that caters to all vehicle service-related requirements. It covers a broad range of service categories such as car cleaning and detailing, regular maintenance, running repairs, and breakdown services.
Healthians
Healthcare marketplace Healthians had raised an undisclosed amount from YouWeCan in June last year. Healthians helps users discover affordable healthcare, ensuring quality and price transparency. The company aggregates diagnostic labs, crowd sourced sample collectors and nearby doctors.
Edukart
New Delhi-based education marketplace EduKart has raised $1 million from Holostik Group’s United Finsec (family office arm), YouWeCan Ventures and 500 Startups. The round has also seen the participation of existing investors. Acqui-hired by Paytm, Edukart claimed to have more than 10,000 paid students on its platform. The education startup is said to have partnerships with more than 120 course providers, and over 2,500 courses are live on their platform.
SportyBeans
Yuvraj Singh had, in October last year, reportedly picked up a 10-15 percent stake in multi-sport programme for preschoolers SportyBeans. Operating since 2009, the company runs classes in several sports like soccer, baseball, hockey, volleyball, basketball, cricket, golf, rugby and tennis for children (aged two and a half to eight years) at locations across the country.
Carl's Jr chain
Cybiz BrightStar Restaurants, the Indian franchisee of US-based fast food chain Carl's Jr, had raised an undisclosed amount from Yuvraj’s early-stage investment firm in August last year. Carl's Jr chain has 3,500 licensed and company-owned restaurants across 36 countries.