WTFund: Nikhil Kamath unveils first 15 grantees of his WTFund

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WTFund, India’s first non-equity grant fund launched by entrepreneur Nikhil Kamath, has distributed grants to 15 startups from a diverse range of industries, from early detection of gastrointestinal cancer to sustainable pet food.

The grantees include Pamawel, a plant-based, non-steroidal, FDA-approved pain relief formulation targeting menstrual pain; Mars, a virtual workstation that eliminates hardware limitations, providing affordable solutions for creators and builders in AI and no-code spaces; Oh! Nuts, a premium, healthy nut-based snack tailored for the growing Indian consumer market; Pawsible Foods, a sustainable, plant-based pet food utilising Kavaka mycoprotein; and RNT Health Insights: AI-assisted diagnostic software for gastrointestinal cancer detection.

Other startups that have received WTFund grants include Biocompute, an affordable DNA data storage chip revolutionising data centre efficiency; CallPrep, an AI-based B2B SaaS for sales preparation, integrating LinkedIn, CRM, and buyer intent data; Urban Animal, India’s first dog DNA testing service, redefining pet care; and Pixa AI, an AI-enhanced plush companion, merging the toy and AI companionship markets.

The 15 grantees were unveiled by Kamath on September 4 at an event, which was attended by the country’s most influential figures, including Jeet Adani, Ananya Birla, Nithin Kamath, Jay Kotak, Shashwat Goenka, and Kishore Biyani, among many others.

The fund, which is designed to empower entrepreneurs under 25, was officially launched at the event.

Addressing the gathering, Nikhil Kamath stated, “Entrepreneurs are ageless; you can build the next big thing whether you are 25 or 80. But, let’s face it—the energy, drive, and sheer audacity often come easier when you’re young. We’re deeply passionate about fostering this spirit in India’s youth under 25. We went looking for the smartest, coolest kids who are daring to start something big, and we found our 15. But this is just the beginning.

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“From our dream of funding 9 companies today to aiding 9,000 young companies one day, we’re committed to building an India that isn’t afraid to take risks and step outside our comfort zones. The next decade belongs to India, and it will be driven by those who choose to build their own dreams rather than helping someone else realise theirs. Feel like you aren’t doing enough? Screw the regular job. Start something. All the resources you need are within your reach.”

WTFund offers up to Rs 20 lakh in non-equity grants, allowing founders to retain full ownership of their ventures. In addition to financial support, grantees gain access to mentorship from industry leaders, legal and accounting assistance, and strategic partnerships with top companies. These resources are designed to equip young entrepreneurs with the tools and connections they need to scale their businesses and make a lasting impact on their respective industries.



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