Yuvraj Singh is launching a startup fund – YouWeCan Ventures to help young entrepreneurs expand their businesses with a plan to invest about INR Rs 50 crore in the next 3-5 years.
The fund is expected to raise around Rs 300 crore from other investors during the period.
“There are a lot of young entrepreneurs with great high-potential ideas and I plan to invest in these startups, to build their brands and companies,” says Yuvraj Singh.
This isn’t the first time a celebrity has shown interest in startup space. But launching a fund is defintely gutsy.
- Ajay Devgan launched TicketPlease
- Karishma Kapoor Invests in Babyoye
- Shilpa Shetty invested in a group buying site
- Zaheer Khan invested in Exclusively.