Partners Rajiv Srivatsa and Nitin Sharma will lead the initiative, targeting idea-stage founders with investments of $500,000 per company, totaling 20 investments over the next 6 months.
He also provided further details on the investment: Towards this, Nitin Sharma & I are committing $10M from @AntlerIndia into exceptional idea-stage founders in the coming 6 months. $500K per company X 20 investments We will work with you in your ambiguous -1 to 0 phase and get you >$1Mn in total within 6-9 months of starting up!