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Celebrities Who Invested In Startups

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Celebrities Who Invested In Startups,Startup Stories,Actors who Startup Investors,Celebrities Startup Investors,Celebrity Startup Investors,Celebs Invests in Startup,Indian Startup Ecosystem

In recent times, many celebrities have developed a big interest in the entrepreneurial world. Many celebrities play it safe and invest their money on big successful companies like Microsoft and Amazon. However, there are few who put their faith and money on emerging companies. Here is a list of 4 such celebrities who  invested in startups.

Celebrities who have invested in startups

1) Snoop Dogg

Famous American rapper Snoop Dogg is also a venture capitalist who actively invests in startups. An avid marijuana user, Snoop Dogg became a capital venturist in 2015 when he invested in a California based weed startup company called Eaze. The startup claims to deliver medical marijuana to anyone’s doorstep under 10 minutes of placing the order. He has since founded and invested in many such startups including a website called MerryJane that focuses on news about marijuana.

2) Will Smith

This famous American actor and rapper has invested in a startup called BioBeats. The startup aims to beat mental  illness with the help of Artificial Intelligence (AI.) The startup  uses wearable watches  identify a pattern of mental health illness among office employees. The actor  also recently announced  he would invest $ 10,000 on a startup that successfully pitched their business idea onstage to him at the TechCrunch Disrupt Event.

3) Amitabh Bachchan

The veteran actor  invested in many startups, most notably in JustDial an Indian company in which he owns a 10% stake and made a gain of 4600 percent. Amitabh Bachchan along with his son Abhishek Bachchan have also invested in a Singapore based startup called Ziddu. The father son duo invested a total of $ 250,000 in the Company.  Ziddu is a blockchain research startup which provides cloud storage to others.

4) Priyanka Chopra

Actress and Philanthropist Priyanka Chopra  has also turned into an investor. Priyanka invested in a US based dating app called Bumble. Launched in 2014 by Tinder cofounder Whitney Wolfe Herd, Bumble is a dating app that aims to make women feel safer while using  the app. Priyanka will also act as an advisor for the app as the Company is planning to expand to India. 

Did  we miss mentioning any other celebrity turned venture capitalist? Comment below and let us know.

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Entrepreneur Stories

From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

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From Digital Wallet to Stock Market: MobiKwik Expands Its Horizons with New Brokerage Venture

MobiKwik is venturing into the stock broking sector with the launch of its subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs on March 3, 2025. This move aims to diversify MobiKwik’s offerings beyond its core digital payments services and compete with established players like Zerodha and Groww.

MSBPL will provide a range of brokerage services, including trading in shares, securities, commodities, and derivatives. The subsidiary has an initial capital of Rs 1 lakh, with plans for an additional Rs 2 crore investment to support its operations.

As MobiKwik enters this competitive market, it brings a substantial user base of 172 million and a merchant network of 5 million. Despite recent financial challenges, including a reported loss of Rs 55.2 crore in Q3 FY25, the company aims to leverage its existing infrastructure and user engagement to capture a share of the growing investment technology market, projected to reach $74 billion by 2030.

This strategic expansion aligns with MobiKwik’s broader goals of enhancing its financial service

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Entrepreneur Stories

Strategic Shift: Nazara Sells Entire Stake in Sports Unity Amid Financial Challenges

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Strategic Shift: Nazara Sells Entire Stake in Sports Unity Amid Financial Challenges

Nazara Technologies has sold its entire 71.54% stake in Sports Unity Private Limited, the company behind the multiplayer quiz game ‘Qunami’, for INR 7.15 lakh. This divestment, effective March 25, 2025, signifies a strategic shift for Nazara, which had previously acquired a controlling interest in Sports Unity in 2019 for INR 7.5 crore.

The decision to offload the stake comes as Sports Unity has faced financial difficulties, reporting no active business operations and a negative net worth of INR 0.45 crore at the end of FY24. This move aligns with Nazara’s broader strategy to streamline its operations and concentrate on more profitable ventures within the gaming sector.

This sale follows Nazara’s recent divestment of a 94.85% stake in another subsidiary, Open Play, to Moonshine Technologies for INR 104.33 crore. Despite reporting record quarterly revenue of INR 544.7 crore in Q3 FY25, Nazara experienced a 53.5% decline in net profit year-over-year.

Nazara continues to focus on enhancing its portfolio through strategic acquisitions and investments in high-potential gaming platforms while navigating the competitive landscape of the gaming industry.

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Inverstors Stories

Fractal Invests $20 Million in Asper.ai to Accelerate AI Solutions for Consumer Goods

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Fractal Invests $20 Million in Asper.ai to Accelerate AI Solutions for Consumer Goods

Fractal, a leading SaaS unicorn, has announced a strategic investment of $20 million in Asper.ai, an AI-driven platform focused on the consumer goods and manufacturing sectors. This funding, revealed on March 19, 2025, aims to accelerate Asper’s growth by enhancing product development and expanding its enterprise customer base.

Investment Highlights

Pranay Agrawal, Co-Founder and CEO of Fractal, expressed excitement about the partnership, noting Asper’s impressive growth over the past three years. He stated that this investment will unlock new opportunities for enterprise customers and drive further innovation within Asper.

Asper.ai’s Objectives

Mohit Agarwal, Co-Founder and CEO of Asper.ai, emphasized the need for consumer goods leaders to have a strategic ally that can adapt to their operations and transform data into actionable insights. The investment will support Asper in building its autonomous growth AI platform and attracting top talent.

Future Plans

Anuj Kaushik, Co-Founder and Chief Commercial Officer of Asper.ai, highlighted the positive market response to their offerings. With Fractal’s investment, Asper.ai plans to enhance its AI capabilities across key areas like demand forecasting and revenue growth management.

Conclusion

Fractal’s $20 million investment marks a significant step in advancing AI solutions within the consumer goods sector. The collaboration between Fractal and Asper.ai is set to redefine how businesses leverage AI for growth and efficiency in a competitive landscape.

 

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