Hyderabad: Walsh Karra Holdings, a US-based investment firm, and WE Hub, Telangana’s state-led organization for women’s entrepreneurship, have signed a Memorandum of Understanding (MoU) to invest $5 million in WE Hub over the next five years.
The MoU was signed in New York in the presence of Chief Minister Anumula Revanth Reddy and State IT Minister D. Sridhar Babu during their official visit to the US to seek new partnerships and investments for the state.
“Women entrepreneurship will transform our society and unlock Telangana’s true potential. No society can reach its fullest potential without empowering women,” Revanth Reddy said in a press release. Greg Walsh of Karra Holdings announced that the company plans to invest $100 million in start-ups in Telangana, including those at WE Hub and beyond.
Walsh Karra Holdings (WKH), co-founded by experienced global entrepreneurs and investors Greg Walsh and Phani Karra, operates from the United States and Singapore. The firm supports early- and growth-stage companies that focus on innovation, sustainability, and profitability.
