Brands
Discover
Events
Newsletter
More

Follow Us

twitterfacebookinstagramyoutube
Youtstory

Brands

Resources

Stories

General

In-Depth

Announcement

Reports

News

Funding

Startup Sectors

Women in tech

Sportstech

Agritech

E-Commerce

Education

Lifestyle

Entertainment

Art & Culture

Travel & Leisure

Curtain Raiser

Wine and Food

YSTV

ADVERTISEMENT
Advertise with us

Why Nandan Nilekani’s Fundamentum Partnership believes in ‘fewer bets’

Established in 2017 as a $100 million fund, Fundamentum invests in startups at Series B or C stage where it leads rounds of $10 million to $25 million in value. Read on to understand Fundamentum’s two core tenets while investing in startups.

Why Nandan Nilekani’s Fundamentum Partnership believes in ‘fewer bets’

Friday February 18, 2022 , 3 min Read

The Indian startup ecosystem continues to witness venture capital (VC) firms investing into startups at a rapid pace, but Fundamentum Partnership — a fund co-founded by Nandan Nilekani and Sanjeev Aggarwal — strongly follows the philosophy that concentration on a few with high conviction will always work better.

The success of this approach is clearly visible in Fundamentum’s portfolio; the fund has made six investments over the last four years. Two of these startups — PharmEasy and Spinny — are in the unicorn club.

“We want to build businesses, which become very large, and invest in that one company that can grow to that size,” says Ashish Kumar, General Partner, Fundamentum Partnership, in a conversation with YourStory.

Established in 2017 as a $100 million fund, Fundamentum invests in startups at Series B or C stage where it leads rounds of $10 million to $25 million in value. Read on to understand Fundamentum’s two core tenets while investing in startups.

Fundamentum Partnership

Editor’s Pick: App Friday

In the US, the UK, Australia, and New Zealand — English is the main official language of communication, apart from over 50 countries, including India, where it is recognised as one of the official languages. 

There is no other way but to learn English if one has to keep up with the fast-moving world. And the interestingly titled app, Cake, run by Cake Corp, will help you better your language skills. Read more.

Cake -- App Friday

Credit: YourStory Design


Startup Spotlight

Turning plastic waste to eco-friendly bricks

Guwahati-headquartered Zerund sought to replace red bricks with its patent-pending lightweight bricks that use waste plastic materials as one of the raw materials.

What started off as a discussion in the halls of the Assam Engineering College, amid a final year project, now has the potential to transform the brick industry in Assam, and become a nationally recognised startup. Read more.

zerund

YS Design team


News & Updates

  • SoftBank-backed global digital media and content creator company Jellysmack has entered the Indian market with its creator programme. The company will be starting its India operations with 21 content creators in Hindi and English, helping them diversify their portfolio across major platforms Facebook, Snapchat and YouTube to fuel their growth. 


Before you go, stay inspired with… 

Aman

Aman Gupta, Co-founder and CMO, boAt

“The national animal of the country is no longer a tiger, it's a unicorn! Everybody wants to be one.” 

Aman Gupta, Founder and CEO, boAt Lifestyle


Now get the Daily Capsule in your inbox. Subscribe to our newsletter today!