A new fund aims to empower South Asian founders
In the fast-paced world of tech investing, a new player has carved out a unique investment thesis. The Neythri Futures Fund, a sister organization to Neythri.org, is revolutionizing the investment landscape by putting South Asian women at the forefront.
This fund invests in female founders and diverse founding teams building innovative tech-enabled solutions for the global market. What sets it apart? South Asian women are the key investors and stakeholders. “When we educate, engage and support women to their fullest potential, we unleash not just their individual potential, but also that of their families, communities and businesses,” says Silvia Ahmed, vice president of Engineering at Veritas.
The fund’s mission is clear: to offer South Asian women the opportunity to expand their knowledge base, amplify their influence, and strengthen their financial position by entering the investment arena. The fun accomplishes both advancing the representation of South Asian women investors and supporting more diverse teams of entrepreneurs.
With a focus on tech and tech-enabled companies, the Neythri Futures Fund plans to make 15 to 20 investments in US-based companies with large market potential. They’re looking for founding teams with strong execution records and are stage-agnostic, meaning they’re open to investing in companies at various stages of development.
“As an entrepreneur, I’ve faced innumerable challenges as a South Asian woman trying to access funds,” says Padma Subramanian, CEO of Fyrii.ai and an investor in the fund. “I want to be there for other women in a similar situation.”
The fund also leverages its biggest asset – the Neythri Community, a network of over 1,800 South Asian professional women, which provides expertise and community to startup founders and fellow investors. Learn more at neythri.org.
Only 1 in every 400 VC Partners in the US is a South Asian Woman
