Campus Fund, which invests student-led startupshas raised $10 million (about Rs 75 crore) for its second fund from large institutions, family offices and general partners of major funds.

IIFL Wealth, Omidyar Network India, Bharat Shah (Former President)

Securities), Jaimin Bhatt (CFO,), Kanvjit Singh (Founder, Fireside Ventures), Shivkumar Janardhan (Former CEO, Essilor India) participated in the round.

Launched in July 2020, campus fund Hire students as investors, who scout, evaluate and also have a seat in decision-making regarding investments in student-led startups.

Its Fund I had a corpus of Rs 7 crore which was invested in 10 startups.

Campus Fund along with its other funds will continue to invest at the pre-seed stage.

love the startup in between, sure healthyExpand my business with more funds I have raised follow-on funding from Tanglin Venture Partners, Chirata Ventures and Kalaari Capital.

Campus Fund was founded by Richa Bajpai, who co-founded Gudera, a technology platform in the Tech4Good space.

“We worked with over 60 students across the country and evaluated over 1,600 student-led startups over the past two years,” Bajpai said in a statement. “We now have a portfolio of 10 diverse student-led startups with strong fundamentals and the potential to shape the future and contribute to India’s ambition of becoming a $5 trillion economy.”

The campus fund has a portfolio consisting of 40% non-tech founders, 30% female co-founders and 30% hardware-first tech-enabled student-led startups.

“We are excited to support Richa and the team at Campus Fund in their mission of promoting student entrepreneurship in the country. This will encourage courageous young entrepreneurs who are solving critical problems and creating jobs in the country. Sarvesh Kanodia, Principal, Omidyar Network India, said in a statement.

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