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ZDream Eyes to Invest in Indian Early Stage Tech Startups, Appoints Rishabh Lawania as COO and Investment Head

With a ticket size ranging from $100K to 500K ZDream plans to invest in about 10 start-ups over the next 8-10 months.

Chinese accelerator and venture fund ZDream Ventures has appointed Rishabh Lawania as its Chief Operating Officer (COO) and Head of Investments in India. The Gurugram and Beijing based investment firm is also looking to incubate start-ups in content space across genres such as sports, parenting, media among others.

ZDream, founded in 2015 by Li Jian from China is now actively scouting investments in the Indian market with a sector agnostic approach.

Speaking on appointment, Lawania said, “ZDream has seen the growth of the tech ecosystem in China very closely and understands the right synergies and fit in the Indian start-up ecosystem. My experience while running Xeler8 gave me the right exposure of sourcing deals for VCs across US, India and Singapore. We’re going to operate as a very founder friendly investor/incubator who will give the Indian entrepreneurs the right exposure/support from the Chinese market.”

In the past, ZDream had invested in micro-delivery platform - Milkbasket, start-up focused news portal Iamwire and news aggregation app Hotify including a few others. Early this year, ZDream had acquired New Delhi-based start-up database platform Xeler8. Lawania was one of the co-founders of Xeler8.

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