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1947 Rise ☀️: 209

1947tech.substack.com

1947 Rise ☀️: 209

Announcing the 1947 Rise Fund!

shiva singh sangwan
Aug 15, 2022
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Share this post

1947 Rise ☀️: 209

1947tech.substack.com

1947 Rise Fund

Announcing the 1947 Rise Fund.

The world’s first fund focused on backing reverse brain drain talent and highly ambitious Indian tech entrepreneurs.

1947 Rise Fund is backed by one of the world's best GPs, founders, and operators.

Inflection Point

When a country reaches its inflection point, reverse brain drain becomes inevitable.

We have already seen it play out in China.

We will see it play out in India.

India saw its inflection point in the year 2021.

A whopping $39B was deployed into Indian startups and 11 tech IPOs. Additionally, 44 unicorns were minted in 2021, India has 105 unicorns in total.

Legacies in the making

India has become a land of opportunities.

Now you can move back to India and build a legacy.

In fact, It is already happening.

And it is just the beginning.

Legacies in the making — Urban Company, InMobi, Razorpay, Zetwerk, Icertis, CARS24, LensKart, Zetwerk, Hasura, Apna, Udaan, PhonePe, LEAD, Meesho and 20+ more unicorns.

These companies are founded or co-founded by returnees.

Our role

Through the 1947 Rise podcast — we have been helping in accelerating the speed of reverse brain drain.

We are now moving a step forward.

Through 1947 Rise Fund we are looking to increase our impact by backing reverse brain drain talent and highly ambitious Indian tech entrepreneurs with capital and network.

1947 Rise Fund is actively investing in pre-seed and seed stage startups.

Get in touch

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Shiva Singh Sangwan @shivassangwan
Announcing the 1947 Rise Fund. The world’s first fund focused on backing reverse brain drain talent and highly ambitious Indian tech entrepreneurs. 1947 Rise Fund is backed by one of the world's best GPs, founders, and operators.
bit.lyNotion – The all-in-one workspace for your notes, tasks, wikis, and databases.A new tool that blends your everyday work apps into one. It’s the all-in-one workspace for you and your team
2:21 PM ∙ Aug 15, 2022
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2. Will startups find India to be a happy stomping ground where it’s easy to start up, scale up, or…

The last decade of Indian entrepreneurship has resulted in over 100 unicorns with $100 billion being invested and more $300 billion in value creation by these startups. India’s startup ecosystem will be a market of more than 500 unicorns by 2030, by one estimate.

In 2021, India surpassed China in terms of minting new unicorns for the first time. It was third place in terms of active, privately held unicorns, according to Bain & Co. However, more venture capital funding poured into China — 2.7 times that into India. Still, Indian startups are set to account for a big chunk of domestic stock indices by 2030. Likewise, as India aspires to the $5 trillion and $10 trillion GDP landmarks, the country’s technology sector could contribute as much as a third.

There will be a resurgence of the Indian startup ecosystem, which is expected to focus on building for global opportunities, not just solve domestic challenges. With Indian software startups already taking global peers head on, Indian fintech solutions are next in line to be major exporters. This can be seen through Indian-centric innovations such as the Unified Payments Interface (UPI) and RuPay gaining acceptance in markets such as Singapore and the UAE.

Will startups find India to be a happy stomping ground where it's easy to start up, scale up, or…

A podcast:

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Shiva Singh Sangwan @shivassangwan
Dhruv Gupta (@dhruvg) is one of the most thoughtful guests we have had on the pod! We cover: - His journey so far - The founding story of Orange Health - Evolution of HealthTech in India - Who is he outside of work & more 🔥 A must-listen 👇 bit.ly/3pkmQok
4:58 AM ∙ Aug 15, 2022
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Worth your attention

  1. Retention platform CleverTap bags $105 million in fresh funding Link

  2. EarlySalary eyes $100 million from TPG, Norwest Link

  3. Zandu scion Nihar Parikh sets up a family office for healthcare bets Link

  4. Web3 startup Lysto raises $12 million in funding Link

  5. CoinSwitch launches Web3 Discovery Fund for emerging blockchain startups Link

  6. Oyo acquires Danish chain Bornholmske Feriehuse Link

  7. SoftBank, others may pare FirstCry stake pushing company valuation to $4 billion Link

  8. 7.3% Of India Population Owned Cryptocurrencies In 2021: UNCTAD Report Link

Thank you for reading. Please share any feedback, questions or comments with me on Twitter :)

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1947 Rise ☀️: 209

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