Campus Fund, specializing in student-led startups, launched its $100 million third fund, the largest yet, with over $50 million already raised.
Fund III has secured investments from various entities, including family offices and notable individuals like Kanwaljit Singh and Asha Jadeja Motwani.
The fund plans to invest in 60–80 startups over four years, providing initial cheques between Rs 21 crore and Rs 28 crore, with 50% earmarked for follow-on investments.
Campus Fund CEO Richa Bajpai emphasized the potential of student founders to innovate globally, highlighting investments in companies like Serendipity Space.
Previous Campus Fund initiatives include Rs 7 crore in 10 startups in 2020 and a $10 million second fund in 2022, supporting companies like Digantara and D-Nome.
The focus extends beyond funding, with an emphasis on achieving successful exits for investors, as mentioned by Richa Bajpai.
Ullas Kammath, a supporter of Campus Fund, highlighted the fund's role in guiding startups through challenges from inception.