Scope, an invite-only startup networking platform, launched a venture capital fund worth $45 million, focused on the fintech and gaming sectors, according to IANS report.
Scope’s VC arm will operate as an independent entity in identifying, nurturing, and accelerating startups that demonstrate exceptional promise and disruptive potential.
The arm will also actively scout for startups demonstrating innovative solutions, disruptive technologies, and the potential to redefine industry norms within fintech and gaming.
“Fintech and gaming are not just industries; they are dynamic ecosystems driving global change. With Scope’s VC, we aspire to be a catalyst for startups with audacious visions, providing the support they need to redefine the future,” said Appalla Saikiran, founder and CEO of Scope.
The venture capital arm will provide strategic funding to promising startups, fostering their growth and enabling them to scale their operations.
Scope has partnerships with more than 20,000 angel investors, over 7,000 VCs, 200 family offices and facilitation of funding for more than 400 startups.
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