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.
Zerodha’s Nikhil Kamath Announces Non-Dilutive Grant for Young Visionaries
Nikhil Kamath, co-founder of Zerodha, has unveiled the WTFund, a pioneering initiative geared towards empowering young entrepreneurs aged 25 and under. This groundbreaking endeavor, introduced via an official press release, aims to bolster individuals possessing the potential to reshape their industries through innovative concepts and forward-thinking leadership.
The WTFund offers a comprehensive support package, featuring a non-dilutive grant of Rs 20 lakh, enabling founders to retain complete equity in 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 articulated 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 a span of one year, seeking out the top 1 percent of young entrepreneurial talent. It invites 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 evolved into a platform championing disruptive thinking, audacity, and equal access to opportunities, the release concluded.
