Entrepreneur First (EF), UK-based global talent investor, has announced investment in six Indian tech start-ups Zevi, D-NOME, Beatoven, Omniflo, Flippy and Zolnoi.
With the latest funding, EF has invested in 34 tech start-ups in the country since its launch in India in 2019, the statement said.
Despite the challenges posed by the pandemic, early-stage investment activity has been resilient, with a substantial increase in the average deal sizes and funding rounds closing in record time. In fact, start-ups in EF’s India portfolio, such as ImmunitoAI and NeuroPixel, have gone on to raise follow-on rounds within few months of the pre-seed investment, the statement said.
Esha Tiwary, General Manager, India at Entrepreneur First said, “India is now producing some of the world’s most innovative technology solutions, and these latest entrepreneurs from EF India are leading that charge. They are building some of the most cutting-edge innovations I’ve seen, while attacking ambitious global problems. It’s exciting to see how fast these young entrepreneurs move, turning today’s adversity into opportunity and taking advantage of changing consumer behaviours.”
As a global talent investor, with a presence in six global markets, EF has built over 300 tech start-ups with a worldwide community of over 3000 entrepreneurs, and a portfolio that is valued at over four billion dollars. In India, EF has supported more than 250 ambitious entrepreneurs and invested in 34 tech start-ups since its inception in January 2019, the company said in its statement.
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