GoodWorkLabs Launches GoodWorks Angel Fund, Aims To Invest In 10 Startups By FY22
GoodWorkLabs, a software and app development company, has announced the launch of GoodWorks Angel Fund — an early-stage venture capital (VC) fund and investing venture.
GoodWorks Angel Fund aims to invest in at least eight to 10 high-potential startups across the globe every year. As per GoodWorkLabs, the investment ticket size per company will vary from $20,000 to $200,000 and depend upon the nature, requirement, and future prospects of the respective startups.
GoodWorkLabs | New-age Boutique Software Lab
Started by serial entrepreneurs and founders Vishwas Mudagal and Sonia Sharma, GoodWorkLabs is a new-age boutique software lab with a core focus on Data Science, AI, and Machine Learning technologies delivering cutting-edge products and solutions for customers globally.
Speaking on the development, Vishwas Mudagal, Co-founder, GoodWorkLabs and GoodWorks Angel Fund, said,
“Commencing a funding venture has always been on my bucket list. With the launch of GoodWorks Angel Fund, we aim to recover, regenerate, remodel, and grow the startup community again, despite the injury. I, along with Sonia, are striving to improve the startup ecosystem for all of us to prosper collectively. I look forward to standing with startups and budding entrepreneurs who intend to ‘dare mighty things’ and aim to create a better world through their futuristic products and solutions.”
The GoodWorks Angel Fund will provide startups and young entrepreneurs with a wide range of professional service offerings. The founders, through this fund, aim to create a plug-and-play work ecosystem for startups by taking care of their office space, operations, technology, marketing, and other support services that are important for scaling up businesses.
In 2017, Vishwas Mudagal and Sonia Sharma started a co-working space brand called GoodWorks Cowork. And now, through GoodWorks Angel Fund, both aim to promote startups, MSMEs, and budding entrepreneurs.
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