Indian impact entrepreneur and investor Pratik Gauri selected to join the inaugural Venture Scouts cohort of New York-based WOCstar fund to invest in women of colour tech startups with a focus on India
WOCstar Fund, a Black female-led New York-based venture fund, announced its inaugural venture scouts including Pratik Gauri from India to increase a new generation of leaders focused on investing in women of color tech startups WOCstar (Women Of Color ) Fund is a New York-based early-stage venture fund that is changing the trajectory for investors and entrepreneurs.
Earlier this week, WOCstar Fund announced its WOCstar Venture Scout program and its inaugural venture scouts. The global group of active investors, entrepreneurs, and business professionals represent the new generation of leaders that will advance the WOCstar Fund’s commitment to invest meaningful capital in women of color (“WOC”) and diverse tech entrepreneurs. Founded in 2018, WOCstar Fund is an early-stage investment fund focused on women of color tech startups. The Fund offers smart, inclusive investors the opportunity to share in the success of one of the more profitable segments of the financial market — Women of color and global, inclusive tech teams. The team is actively investing in companies that are reimagining the future of media, consumer, fintech, EdTech, and AgTech sectors. “In order to manifest racial and economic equality, we need to increase the diversity of the investing talent equipped to invest in women entrepreneurs and business owners,” said Gayle Jennings-O’Byrne, co-founder of the WOCstar Fund.
“Individually the VC Scouts are impressive but together, we truly are a global group of rockstars ready to invest in North America, India, Africa, Latin America, and beyond.” The fund announced some of its scouts, including Pratik Gauri from India. Gauri is a serial Indian social entrepreneur and active investor widely known as the Creator of 5th Industrial Revolution. He serves as the India President of 5th Element Group, Chairman of India Needs You, and sits on the board of six startups. He previously served in various executive positions with the TATA group. Pratik was named Creative Entrepreneur of the year 2020 by Entrepreneur India magazine and Entrepreneur of the year 2020 by Indian Achievers’ Forum.
He is a Greenbiz Global 30 Under 30, British Petroleum Scholar, WEF Global Shaper, Ambassador at One Young World, Al Gore’s Climate Leader, Fellow at Startup Leadership Program, and Changemaker at Global Action on Poverty. Gauri says, “I am excited to join the incredible WOCstar family to help diversify WOCstar’s portfolio of companies by investing in women-led purpose companies with a deep focus on India.”