Scope, an invite-only startup networking platform, unveiled a $50 million venture capital fund through its investment arm, SCOPE VC. The fund targets early-stage fintech startups in India and gaming startups in the U.S., with deal sizes ranging from $500,000 to $2 million.
Scope plans to adopt a Y Combinator-style cohort model, providing startups with mentorship and corporate partnerships. Additionally, a $20 million angel fund will be launched within three months to support startups across various sectors. Scope aims to create a robust ecosystem to help startups thrive.