On April 30, 2021, Beyond Capital Ventures was established with the goal of making investments in early-stage businesses in India and East Africa operating in “must-have” industries like fintech, healthcare, and climate adaptation. ”We will invest our money in 18 to 20 businesses that will be leaders in their fields in India and East Africa”.
70% of the world’s youth will live on the African continent by 2050, and 42% of the world’s population will be African or Indian. Seven early-stage businesses serving the needs of this expanding population are currently included in Beyond Capital’s portfolio.
The fund is developing an Equitable Venture pool where founders get a cut of the profits and can get carried interest bonuses if they reach gender-specific goals.
