The India arm of global venture capital firm, Antler has announces the first set of investments spanning ClimateTech, HealthTech and SaaS from the inaugural Antler India Residency.
Antler India Residency is a platform designed to help aspiring entrepreneurs find their co-founders, ideate with them to translate an idea into a startup and raise funding – all in three months or less.
The investment includes Sangti, a carbon management platform; Guardians, a medical emergency response platform; and Motif. The VC firms intend to invest $100 million to $150 million in Indian startups over the next three years.
Commenting on the investments, Rajiv Srivatsa, Partner at Antler India added – “At Antler India, we are building the critical infrastructure needed to help founders at the earliest stages of their entrepreneurial journey. The Residency is carefully designed to help aspiring entrepreneurs find a co-founder and go from idea to funding in as short a time as 3 months. We are thrilled to back startups such as Sangti, Motif, and Guardians that are solving very important problems in their respective sectors. This platform also enables startups to go after hard problems in future-forward areas such as Climate, Health & Wellness, Web3 and the like. By helping the creation of founder teams that would not exist otherwise, we want to continue to be the earliest backers of high potential founders across the country.”
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