DFAN, SCV Partners to Invest Rs 100 Crores in Tech Startups

Digital Futurists Angels Network (DFAN) announced that it has formed a partnership with Solis Capital and Ventures (SCV) to deploy an amount of Rs 100 crores in the next four years in tech startups. The partnership is aimed to strengthen the startup ecosystem by actively investing in startups and giving mentorship, advisory and business development, a company statement said.

This will boost DFAN’s growth plans and the Rs 100 crore plan will guide the non-linear growth charter in investing in tech startups. “In the goal of aggressive growth, we are not cutting the quality of the value we offer to our investor network, and will be giving our members opportunities to earn and learn. This will also strengthen our mission to add worth to the startup ecosystem and improve our outreach to tech startups,” DFAN Director and CFO Mohit Arora said.

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