SRAM & MRAM Group Launch India’s Startup Wings Fund

The UK-based conglomerate SRAM & MRAM Group has announced that it has launched Startup Wings, its investment and growth accelerator arm, in India to assist Indian start-ups through finance, mentoring, industry connections, and its extensive working knowledge of the global start-up ecosystem.

The firm stated that it will concentrate on start-ups in a variety of industries, including agrotech, fintech, ed-tech, e-commerce, and others. To support female entrepreneurs in India, the company will also invest in 100 start-ups that are managed by women.

According to the organisation, its goals include developing an ecosystem that fosters employment creation, generates income, and supports national development. The company will start investing nationally with the launch of Startup Wings.

“We are convinced that the tale of India will play a significant role in how the world economy develops over the coming ten years. We are thrilled to start out in this story with you. After the fund’s debut, Dr. Sailesh Lachu Hiranandani, Founding Chairman of SRAM & MRAM Group, said, “We want to create value for founders who have revolutionary ideas and are ready to dream big. We do this by extending our enormous knowledge, deep network, and resources.

Four significant funds are managed by the SRAM & MRAM Group: Startup Wings, The 1st Lion, The Sindhi Angles, and The Lioness Fund. These funds help start-ups around the world, from seed funding to initial public offerings and beyond.