Get All Access for $5/mo

BellaVita Founder Aakash Anand Launches New Venture Studio Wolfpack Labs INR 25 lakhs to INR 1 crore will be the typical check size for the seed/pre-seed investment.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Aakash Anand, Founder, Wolfpack Labs

Aakash Anand, a serial entrepreneur and investor (founder of Bellavita, which Ananta Capital purchased), has announced the launch of a venture studio, Wolfpack Labs, and has set aside INR 50 crore of his own money to support idea-stage and early-stage firms.

According to the official release, Wolfpack Labs will focus on early-stage (seed/pre-seed) startups that are currently in their 0-1 phase, with 4-5 companies in each cohort. The average cheque size for the seed/pre-seed investment is going to be INR 25 lakhs to INR 1 crore.

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.

Aakash Anand, Founder, Wolfpack Labs and BellaVita, said, "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."

"We chose the name Wolfpack to signify the strength and unity of a pack led by the alpha, the founder in this case. Our ethos is derived from the key characteristic traits of a wolfpack, like patience, curiosity, teamwork, planning, and perseverance, which we believe are the key leadership traits that differentiate successful founders," he added.

In addition to his role at BellaVita, Aakash is actively involved in other ventures and serves as a partner at Ananta Capital, focusing on strategic investments and partnerships in the D2C and digital sectors.

Under the IDAM House of Brands, he also developed a portfolio of BPC, pet care, and food and beverage D2C brands.

Anand claims to have a track record of building an INR 1000 crore ARR+ business empire through brands like BellaVita, Bevzilla, Better Alt, Guardian, and GNC under his leadership.

"Our aim is to become the biggest seeder for GTM-ready startups for global VCS, angels, and investors. It is our mission to create giant companies and successful businesses by focusing on these key values and to empower these early-stage founders with the capital, guidance, and network needed to rapidly scale their ventures," said Anand.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business News

Microsoft Reportedly Lays Off Over 1,500 Employees in Cloud Sector as Partnership with OpenAI Strengthens

Alphabet also reportedly laid off employees from several teams in Google's cloud unit last week.

News and Trends

Easing the stress with new-age health solutions

With rapid scaling and idea-making seen in the Indian eco-system, it is only speculated that the now-easily accessible healthcare systems will try to reach further depths of the country.

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Business News

ChatGPT Users Report Mass Outage, OpenAI Says It's 'Investigating'

ChatGPT's outage was first reported early Tuesday morning.

Green Entrepreneur®

Why You Need a Contribution Mindset to Thrive in 2024 and Beyond

How to set yourself and your business up for long-term success.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.