Summary
Nikhil Kamath, co-founder of Zerodha, has launched the WTFund, a pioneering initiative aimed at supporting young entrepreneurs aged 25 and under. The fund offers a non-dilutive grant of Rs 20 lakh, mentorship pods, community access, GTM studio, beta testing, talent acquisition avenues, and more. Kamath expressed his vision for cultivating a culture of risk-taking among young entrepreneurs, inviting applications from individuals across all sectors. The WTFund seeks to select and support forty young entrepreneurs over one year, championing disruptive thinking and equal access to opportunities.
A Pathway for Young Entrepreneurs to Realize Their Dreams
In a bold move to foster innovation and entrepreneurship among the youth, Nikhil Kamath, co-founder of Zerodha, has announced the launch of WTFund, an initiative designed to empower young entrepreneurs aged 25 and under. The initiative, revealed through an official press release, aims to provide support to individuals with groundbreaking ideas and visionary leadership potential.
WTFund offers an extensive package, including a non-dilutive grant of Rs 20 lakh, allowing founders to maintain full ownership of their ventures. Additionally, 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.
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Nikhil Kamath shared his vision for the fund, stating, “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 identify and support forty young entrepreneurs aged 25 or younger over the course of one year, seeking out the top 1 percent of young entrepreneurial talent. Applications are welcome from individuals across all sectors through the WTF website (www.allthingswtf.com/wtfund).
Initially conceived as a podcast hosted by Nikhil Kamath, WTF has evolved into a platform that celebrates disruptive thinking, audacity, and equal access to opportunities, the release concluded.
