Singapore-based global syndicate Draper Startup House or DSH has announced today the launch of Draper Venture Syndicate Network, a seed-stage investment syndicate platform in India.
Draper Startup House will provide seed and angel investments for local startups by leveraging its global network of investors. The platform will help startups in making relevant connections with their investment partners and vice versa.
Besides syndications, it would also facilitate the option to invest through the San-Francisco-based Draper University Fund.
With 25 investors and 37 startups, DSH is also in talks to collaborate with few major investment firms including Qualcomm Ventures, Nexus Venture Partners, Inventus Venture Partners, and Axilor Ventures, ET reports
Draper Startup House is a global chain of hostels targeted for young startups and entrepreneurs. In February this year, Draper Venture Network, the venture capital arm of American venture capital investor Tim Draper, had invested $3.5 million in Tribe Theory and rebranded it as Draper Startup House.