SCOPE Launches $45 Million Venture Capital Fund For Fintech, Gaming Startups

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SCOPE, a platform known for bringing startups together, has just introduced a big funding project. They've set up a venture capital fund, which is like a large pool of money, worth $45 million. 


This fund is specially aimed at startups in two areas: fintech, which is about technology in finance, and gaming.


So, what is SCOPE planning to do with this fund? They're looking out for startups that are doing something really new and groundbreaking in these sectors. 

The idea is to find these young companies that have the potential to change the way we think about finance and gaming. Once they find them, SCOPE will provide them with money and support to grow faster and become more successful.


The founder and CEO of SCOPE, Appalla Saikiran, mentioned that fintech and gaming are not just regular industries; they're dynamic and are changing the world in big ways. SCOPE wants to support startups that have big, bold ideas in these fields.


This isn't the first time SCOPE is doing something like this. In the last part of 2023, they helped secure about $70 million for various startups through their networking app. They have connections with lots of investors and venture capitalists, which helps in finding funding for these startups.


SCOPE's new venture capital fund is separate from its main platform. It will independently search for and help startups that can really make a difference in the gaming and FinTech startup worlds.

The aim is to use SCOPE's large network and resources to help these startups grow and succeed in the long term.

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