September 27, 2024
Written by FinTech Alliance in Financial Technology
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Scope, an invitation-only startup networking platform, has unveiled a $50 million venture capital fund through its investment arm, SCOPE VC. The fund targets early-stage fintech startups in India and gaming startups in the United States, with deals ranging from $500,000 to $2 million.
Scope plans to adopt a Y Combinator-style cohort model, providing startups with mentorship and corporate partnerships. Additionally, a $20 million angel fund will be launched within three months to support startups in various sectors. Scope aims to create a robust ecosystem to help startups thrive.