YouWeCan’s latest investment has been in the nutrition product startup Wellversed for an undisclosed amount at an enterprise valuation of Rs 100 crore
Cricketer turned venture capitalist Yuvraj Singh is planning to ramp up his investment portfolio by picking up stakes in technology startups working in the areas of health, sports, food and agriculture in the next three to six months.
Singh, through his firm YouWeCan (YWC) Ventures, has invested in some of the startups which include Healthians, Holosuit, JetSetGo, EasyDiner, Wellversed etc.
“In the next three to six months, we will be actively exploring new investment opportunities with the goal to contribute our bit to the Startup India movement. Our focus areas will be the health tech, sports tech, food tech and agri tech sectors,” Singh told PTI.
YouWeCan’s latest investment has been in the nutrition product startup Wellversed for an undisclosed amount at an enterprise valuation of Rs 100 crore.
“Through my foundation and brand YouWeCan, we are always motivated to make a difference in society and we always want people’s lives to get better. We definitely have future plans to invest aggressively in the coming year. Hopefully it will be the best year for everyone,” Singh said.
He said that investments were on hold due to COVID-19 pandemic and Wellversed is the first after the lockdown in which YWC Ventures has invested.
Sharing his experience on investments, Singh said that YWC Ventures started in 2013 and invested aggressively in 10-11 startups.
“Two only took off. Something you have to take that risk. Healthians in health and Holosuit in augmented reality and virtual reality have also been doing very well. I am very happy now that 2-3 startups in our portfolio have turned up into big companies now,” Singh said.
“Health section has not been hit by Covid. When you look at Healthians, definitely the health segment has been good,” Singh said.
PTI
