Published on November 22, 2024
In AI Trends

WTF is Nikhil Kamath Doing with Young Entrepreneurs?

“If a startup can create long-term value while making a tangible impact, that's what seals the deal for me,” Kamath told AIM.

Image by Nalini Nirad

By Vandana Nair

A few months ago, Zerodha co-founder Nikhil Kamath unveiled the ‘Innovators under 25’ initiative, marking the launch of WTFund. The programme selected nine Indian startups led by exceptional founders under 25. For its first edition, WTFund, a non-equity grant fund, selected 15 entrepreneurs working across various sectors including AI, healthcare and others. The initiative provides up to INR 20 lakh in non-equity grants. Interestingly, the entrepreneurs can retain the full ownership of their startup with Kamath not having any stake in them. Empowering Young Entrepreneurs (Nikhil Kamath with the startup founders selected for the ‘Innovators Under 25’ programme.) As strange as it may sound, Kamath, as an investor, is not looking to have any equity in these

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Vandana Nair

As a rare blend of engineering, MBA, and journalism degree, Vandana Nair brings a unique combination of technical know-how, business acumen, and storytelling skills to the table. Her insatiable curiosity for all things startups, businesses, and AI technologies ensures that there's always a fresh and insightful perspective to her reporting. She now hosts her tech segment 'Point Break' on AIM Tv.