500 Startups launches $25 mn fund for South Asia
Venture capital seed fund and startup accelerator 500 Startups has launched a $25-million fund '500 Kulfi' for early stage startups in India, Sri Lanka and Bangladesh. It will focus on startups in financial technology, education technology, content, data analytics, SaaS, health and wellness space. 500 Startups funded around 20 Indian startups in 2015 including ZipDial, Instamojo and KartRocket.