If you are a startup then you must be in search of funds. Funds are the basic but also a dreadful problem which lead to shut down. For such startups, there is good news. And if you are cricket fan then it may turn into best news.   

Yuvraj Singh, the 34 year old cricketer has put forward his hand to shake up with the startups to help them in funding. The costliest player of IPL, this season, Yuvraj Singh to play a new innings: YouWeCan Ventures.

YouWeCan Ventures aims to support young entrepreneurs by investing in startups across sectors. In this Fund, Yuvi will put about Rs. 50 crores over a period of three to five years. The fund may raise around Rs 300 crore from other investors during the period.

Many other sport personality like Sachin Tendulkar, Dhoni etc. has invested but Yuvi’s plan is much elaborated. YouWeCanVentures will primarily fund startups in healthcare, sports products, services and fashion, travel and tourism, hospitality and e-commerce. The plan is to offer seed capital ranging from Rs 10 lakh to Rs 25 lakh.

Yuvi speaks that there are lot of young entrepreneurs with great high-potential ideas and he plan to invest in these startups, to build their brands and companies. The plans include setting up a chain of restaurants under the brand YouWeX.

Nishant Singhal is a co-promoter of the fund. He was a former consultant at Pricewaterhouse-Coopers, had co-founded real estate firm Investors Clinic.

“We will handhold them from seed capital to their series A funding,” Singhal said, adding that the investments will have exit clauses of at least five-eight years.

In this season of IPL, do not make yourself busy in watching match rather prepare yourself with a good presentation of your startup as YouWeCan Ventures is expected to announce its first investment by June, right after the IPL season.

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