Scope launches $45 million VC fund for fintech, gaming startups
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New Delhi (Uttam Hindu News): Startup networking platform Scope, on Tuesday launched a $45 million venture capital fund focused on fintech and gaming sectors.
Scope’s VC arm will operate as an independent entity to identify, nurture and accelerate groundbreaking startups that demonstrate extraordinary promise and disruptive potential.
The VC arm will actively seek out startups demonstrating innovative solutions, disruptive technologies and the potential to redefine industry norms within fintech and gaming.
Appalla Saikiran, Founder and CEO of Scope, said, “Fintech and gaming are not just industries, they are dynamic ecosystems driving global change. “With Scope’s VCs, we aspire to be a catalyst for startups with bold vision, providing them with the support they need to redefine the future.”
The venture capital arm will provide strategic funding to promising startups, fueling their growth and enabling them to scale up their operations.
By leveraging Scope’s vast resources and network, Scope’s VCs aim to catalyze the growth of portfolio companies and position them for long-term success.
The venture capital arm will actively seek partnerships with visionary entrepreneurs, empowering them to redefine the landscape through cutting-edge technologies and transformative business models.
Scope has partnered with over 20,000 angel investors, over 7,000 VCs, 200 family offices and facilitated funding for over 400 startups.
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