{"id":6244,"date":"2025-04-09T19:47:11","date_gmt":"2025-04-09T19:47:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/6244\/"},"modified":"2025-04-09T19:47:11","modified_gmt":"2025-04-09T19:47:11","slug":"trident-group-executive-launches-fund-to-support-retail-d2c-startups","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/6244\/","title":{"rendered":"Trident Group executive launches fund to support retail, D2C startups"},"content":{"rendered":"<p><img alt=\"Trident Group executive launches fund to support retail, D2C startups\"   src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/1744228031_442_image\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%;object-fit:cover\"\/><\/p>\n<p>Harshavardhan Chauhaan, chief marketing officer of Trident Group <\/p>\n<p lang=\"EN-US\" paraeid=\"{c0d64240-0627-4f01-ace0-dc3b1cc0f02d}{6}\" paraid=\"1019261026\" xml:lang=\"EN-US\">Harshavardhan Chauhaan, the chief marketing officer of <a href=\"https:\/\/www.vccircle.com\/tag\/trident-group\" target=\"_blank\" rel=\"noopener\">Trident Group<\/a>, has launched the Young Entrepreneurs Fund (YEF) to support retail and D2C (direct-to-consumer) startups. The fund has a target corpus of $10 million (Rs 85.8 crore). \u00a0\u00a0<\/p>\n<p lang=\"EN-US\" paraeid=\"{10e3d368-c84b-4905-b813-89524f0d765a}{76}\" paraid=\"853617145\" xml:lang=\"EN-US\">Chauhaan, who is in the process of obtaining an AlF CAT-3 license from SEBI for the fund, will use proceeds from his new book, #NCAYB (Nobody Cares About Your Brand), to fuel the fund. Additionally, he is bringing together a group of ex-founders, India-focused family offices, and sovereign-aligned institutional backers to support the initiative.\u00a0\u00a0<\/p>\n<p lang=\"EN-US\" paraeid=\"{10e3d368-c84b-4905-b813-89524f0d765a}{90}\" paraid=\"1913803350\" xml:lang=\"EN-US\">\u201cWhile the CAT-3 structure offers flexibility, YEF is a pure private-stage mission. Our mandate is to fund pre-market Bharat-first innovations that need conviction capital, not listed company instruments. We may retain equity post-IPO in rare future cases, but we\u2019re not trading\u2014we\u2019re building long-term IP,\u201d said Chauhaan.\u00a0\u00a0<\/p>\n<p lang=\"EN-US\" paraeid=\"{10e3d368-c84b-4905-b813-89524f0d765a}{104}\" paraid=\"1755417660\" xml:lang=\"EN-US\">The fund is aiming for its first close by mid-May.\u00a0\u00a0<\/p>\n<p lang=\"EN-US\" paraeid=\"{10e3d368-c84b-4905-b813-89524f0d765a}{118}\" paraid=\"1430264632\" xml:lang=\"EN-US\">YEF will focus exclusively on idea-to-early prototype stage ventures. \u201cThis is where conviction, character, and clarity matter more than traction. We back founders solving real Bharat-first problems with IP, not hype. Think of it as India\u2019s own Y Combinator meets DeepTech Builder Lab\u2014with a national mission lens,\u201d said Chauhaan.\u00a0\u00a0<\/p>\n<p lang=\"EN-US\" paraeid=\"{10e3d368-c84b-4905-b813-89524f0d765a}{132}\" paraid=\"312987175\" xml:lang=\"EN-US\">The ticket sizes will range from Rs 25 lakh to Rs 2 crore across three formats: idea-stage grants of approximately Rs 25 lakh to Rs 50 lakh, early prototype checks between Rs 75 lakh and Rs 1.5 crore, and select moonshot follow-ons of Rs 2 crore or more.\u00a0\u00a0<\/p>\n<p lang=\"EN-US\" paraeid=\"{10e3d368-c84b-4905-b813-89524f0d765a}{146}\" paraid=\"205606911\" xml:lang=\"EN-US\">The fund has an eight-year lifecycle, with an option to extend it for an additional two more years. Its key focus areas include deep tech, clean mobility, agri-infrastructure, and health tech. In deep tech, YEF plans to support startups in fields such as artificial intelligence, quantum computing, and advanced robotics.<\/p>\n<p lang=\"EN-US\" paraeid=\"{10e3d368-c84b-4905-b813-89524f0d765a}{146}\" paraid=\"205606911\" xml:lang=\"EN-US\">In clean energy, it will back solutions in renewable energy generation, green infrastructure, and carbon-neutral technologies. Additionally, rural platforms are a significant focus, with investments planned in agri-tech tools, rural fintech ecosystems, and digital literacy programs. YEF plans to build a cohort of 35\u201350 founders in its first round.\u00a0<\/p>\n<p><img alt=\"Newsletter\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" decoding=\"async\" data-nimg=\"responsive\" style=\"position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%;object-fit:cover\"\/><\/p>\n<p>Get daily update with our newsletter Subscribe Now !<\/p>\n<p>Subscribe to Newsletter<\/p>\n","protected":false},"excerpt":{"rendered":"Harshavardhan Chauhaan, chief marketing officer of Trident Group Harshavardhan Chauhaan, the chief marketing officer of Trident Group, has&hellip;\n","protected":false},"author":2,"featured_media":6245,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3094],"tags":[3534,51,3134,474,3531,3532,16,15,3141,3533],"class_list":{"0":"post-6244","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-aman-rawat","9":"tag-business","10":"tag-entrepreneurship","11":"tag-finance","12":"tag-harshavardhan-chauhaan","13":"tag-trident-group","14":"tag-uk","15":"tag-united-kingdom","16":"tag-venture-capital","17":"tag-young-entrepreneurs-fund"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114309735753627689","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/6244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=6244"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/6244\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/6245"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=6244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=6244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=6244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}