Aakash Anand Launches Wolfpack Labs To Back Early-Stage Start-Ups 

Serial entrepreneur and investor Aakash Anand (founder of Bellavita,  acquired by Ananta Capital) has announced the launch of Wolfpack Labs, a venture studio. With Wolfpack Labs, Aakash aims to reduce the barrier to entry for early-stage start-up founders by enabling them with the right resources and guidance required to rapidly scale their ventures. 

Wolfpack Labs will focus on early-stage (seed/pre-seed) start-ups that are currently in their 0–1 phase, with 4-5 companies in each cohort. The average check size for the seed or pre-seed investment is going to be Rs 25 lakh to 1 crore. Currently, the venture studio is backed by Aakash’s personal capital and would be open to external LPs after a few successful cohorts. 

"The idea behind Wolfpack Labs is rooted in my journey as a young entrepreneur and my vision of a supportive culture. India's young entrepreneurs are brimming with ideas and the right intent, but they often lack the support system and guidance to navigate the initial challenges,” said Aakash Anand, Founder, Wolfpack Labs.  “Our aim is to become the biggest seeder for GTM-ready start-ups for global VCS, angels, and investors," Anand added. 

Wolfpack Labs operates on the distinctive principle of shared equity. Every founder in the cohort is given certain equity in all the start-ups in the same cohort, creating a founder's pool similar to an ESOP pool, as per a company statement. 

Read: Is Start-Up Funding About To Get Better?

Wolfpack Labs, already comprising a pack of five companies as a part of its first cohort, is open for applications from aspiring early-stage (seed/pre-Seed) start-ups. The first investment from the cohort will be announced in the upcoming weeks. The fund is sector-agnostic and will not only provide financial backing but also offer invaluable mentorship, guidance on go-to-market strategies, and access to various opportunities.