Zerodha Co-founder Nikhil Kamath Launches ‘Innovators Under 25’

Zerodha co-founder Nikhil Kamath introduced the 'Innovators Under 25' at the most recent WTFund Summit in Mumbai. An inaugural event was held to celebrate the establishment of WTFund, the first non-equity grant fund in India, to support innovation among entrepreneurs under the age of 25. Jeet Adani, Kishore Biyani, Nithin Kamath, Jay Kotak, Ananya Birla, and Shashwat Goenka were among the notable individuals who attended the event.

WTFund's Initial Group of Trailblazers

Kamath introduced the first round of WTFund grantees at the summit; they were fifteen entrepreneurs from fields as diverse as healthcare, artificial intelligence, and sustainable consumer goods with ambitious ideas. To drive innovation and challenge conventional businesses, the program seeks to equip young minds with the resources they need.

The role of young entrepreneurs in creating India's future was highlighted by Kamath. Anyone, from 25 to 80 years old, may be an entrepreneur and create the next great product. "But, come on, the enthusiasm, determination, and boldness usually come more naturally when you're younger," he said.

To support nine startups now and nine thousand young businesses tomorrow, Kamath said, "We're dedicated to building an India that isn't afraid to take risks and step outside our comfort zones." He went on to say that he hopes to aid thousands of startups in the future. Whoever decides to build their own aspirations instead of helping someone else realize theirs will lead India in the coming decade. The diversity of India's innovation landscape is on full display among the fifteen grantees.

Assistance Extending Beyond Monetary Grants

With non-equity awards of up to INR 20 lakh, WTFund provides more than only financial aid. The young entrepreneurs learn from established professionals in the field while keeping complete control of their companies. This direction, together with access to accounting and legal services, and strategic alliances with industry heavyweights, provides them with the groundwork they need to expand their firms.

Beyond providing financial support, Kamath wants the fund to help young entrepreneurs grow their businesses and have a positive impact on the sector. With the help of WTFund's resources, these innovators will be able to conquer the obstacles of startup life and set themselves up for sustained success.

The WTFund Summit marks a fresh chapter for India's startup scene, bringing together influential Indian businesspeople to support the country's aspiring innovators. The fund paves the way for game-changing innovations in many different fields by providing essential funding to young entrepreneurs.

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