Nikhil Kamath, the co-founder of Zerodha, has unveiled the WTFund, a groundbreaking initiative aimed at empowering young entrepreneurs aged 25 and under. This initiative, announced through an official press release, is designed to support individuals with the potential to revolutionize their respective industries through innovative ideas and visionary leadership.
The WTFund offers a comprehensive package, including a non-dilutive grant of Rs 20 lakh, allowing founders to retain full equity in their ventures. Furthermore, it provides access to operator-first mentorship pods, a vibrant community within the WTF ecosystem, a Go-To-Market (GTM) studio, beta testing and feedback opportunities, as well as avenues for talent acquisition through internship programs, a fractional CXO database, and moonlighting opportunities.
Expressing his vision for the fund, Nikhil Kamath stated, “The India of my childhood differs markedly from the country we see today. Back then, the emphasis was on securing stable employment rather than pursuing entrepreneurship and embracing risk. Young founders tend to create the most impact within entrepreneurship. At WTF, our goal is to cultivate a culture that encourages young entrepreneurs to embrace risk by providing a comprehensive support system. We are excited to launch the fund and see where it goes.”
The WTFund aims to select and support forty young entrepreneurs aged 25 or younger over a span of one year, seeking out the top 1 percent of young entrepreneurial talent. It welcomes applications from individuals across all sectors through the WTF website (www.allthingswtf.com/wtfund).
Originally conceived as a podcast hosted by Nikhil Kamath, WTF has transformed into a platform that champions disruptive thinking, audacity, and equal access to opportunities, the release concluded.
The Entrepreneur Today Desk