It plans to turn Vysya Community into Startup Investors
It has onboarded 10 investors, 30 are in the process and aims to onboard 500 in next 12
months
Plans are also on the anvil to create an investment fund of INR 100 crore by the end of the
year.
Hyderabad, July 22, 2022…. Guptaji Invests, an Angel network of HNIs, NRIs, professionals
and traditional business owners exclusively from the Gupta / Vysya community launched in
the city today. It plans to turn Vysya Community into Startup Investors.
Disclosing this in a press note issued in Hyderabad, Mr Ravi Teja Gupta (RTG), an
entrepreneur-cum-seed investor said this is India’s first Vysya community based Angel
Network and accelerator exclusive for Vysya investors. Vysyas are traditionally businessmen.
Business is in their DNA. The new generation is shifting away from family businesses, taking
up jobs in the corporate world and holding leadership positions across the globe. Guptaji
Invests is an opportunity for them to invest in futuristic start-ups with a future full of
promises. Guptaji Invests plans to transform the Vysya community into startup investors.
It is a brain child of Ravi Teja Gupta who has been in the startup ecosystem for more than a
decade. He worked for various startups and invested in a couple of startups personally. He
held a key role in the well known FinTech and HealthTech startups.
In India, there are around 30 active angel networks. Myntra, Khatabook, Wow! Momo,
BharatPe companies like these and many have raised funds from angel networks. Our aim is
to be one of the active and happening Angel NetworkS in India, said Ravi Teja Gupta
Elaborating on their plans, Ravi Teja said ‘we target to raise 50 lakhs to one crore
investment for each startup. And we would like to support and help 100 startups to raise
funds in the first financial year of our operations. Right now we have onboarded ten
investors and 30 more investors are already confirmed and are in the process of
onboarding. We plan to on board 100 investors in the next one quarter and 500 by the end
of the year.
Plans are also on the anvil to create an investment fund from the Gupta community. And we
are confident of creating a INR 100 crore fund in the next one year.
Among other things we look into are strategic investments and focus on bridge rounds
(short-term rounds to cover up intervals between different rounds of raising funds), co-
investments opportunities.
There was a huge request and demand from the community’s successful people and
organizations, shares Ravi Teja. They were looking for and exploring investment
opportunities in the Indian Startup-Ecosystem, which is considered as the 3rd largest start-
up ecosystem in the world after the US and China. Guptaji Invests would like to channelize
their resources.
Guptaji Invests brings the Business Acumen, Success secrets of Gupta community and their
business values. They are successful merchants and traders. They are known for their
unwavering grip over hisab kitab. Gupthas dominate the e-commerce space in India. Four of
the top 10 e-commerce outfits in India have been founded or co-founded by the people of
this business community. The community has defined e-commerce in India. It is also called
as the poster boy of Indian e-commerce. The members of this small community dominate
the list of India’s richest.
Guptaji Invests is something similar to Marwari Angels and JITO Angel Network, a
community specific angel network.
