Dubai’s evergreen venture capital fund of funds and direct investment platform, Dubai Future District Fund has invested its third Fund of Funds Investment in Leo Capital, Tech VC for entrepreneurs by entrepreneurs with a corpus of $125 million.
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Dubai Future District Fund is Dubai’s venture capital fund of funds and direct investment platform.It invests in the Future of Finance and Future Economies. DFDF’s aim is to support the investors who are fueling the next wave of innovative companies through investments at all stages of a startup’s lifecycle, across all key sectors and focused on the relevant geographies of the MENA region and beyond.
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Rajul Garg and Shwetank Verma, Co-founders and Managing Partners at Leo Capital, state that, “Leo Capital is delighted to welcome DFDF as an LP and a valuable partner in our mission to support startups in the MENA region with our ‘India Advantage’ playbook. We look forward to collaborating with DFDF to strengthen the UAE-India corridor and cement UAE’s position as a global hub for technology startups. We invite visionary founders on a mission to achieve global scale to connect with us at leo.capital.”
About Leo Capital
Founded in 2018 by Rajul Garg and Shwetank Verma, Leo Capital is a venture capital fund, investing in early stage, technology centric opportunities, primarily in India. We invest anywhere from $500K – $2M in early seed rounds or pre-Series A rounds. Leo Capital looks for teams that are persistent, have invested their time and energy in understanding the nuances and have a clear thought process of how they would go about building the business.
