Motivational speaker and finfluencer Sagar Sinha has launched a Rs 10 crore fund for start-ups and emerging entrepreneurs. With the help of this investment, Singh intends to support start-ups as well as entrepreneurs to achieve their goals, as per a report by Entrackr.
“I am excited to support the next generation of entrepreneurs and innovators. I believe that by investing in startups and entrepreneurs, we can create a positive impact on society and drive sustainable growth,” said Singh, as per Entrackr.
Singh has been a TedX and Josh Talk speaker. With 2.2 million subscribers on YouTube, Singh proclaims himself to be a “leading motivational speaker, well-known corporate trainer, and business coach.”
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Sinha has also claimed to have delivered more than 5,000 lectures. He uses platforms such as YouTube and Instagram to promote financial content. For example, in one of his videos on Instagram, Sinha talked about investing Rs 500 in small- and mid-cap mutual funds and their returns.
In July last year, Sinha introduced a corporate training programme for entrepreneurs. The course is intended to focus on essential skills and knowledge. Sinha had said, as per the Financial Express, “As an entrepreneur, I’ve encountered numerous challenges and hurdles, and these experiences have shaped my vision to help aspiring business leaders. With my corporate training programs, I aspire to share my knowledge and mentorship, guiding young entrepreneurs towards their goals with greater confidence and effectiveness.”
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There has been an increase in funfluencers in India. The country has several unregistered finfluencers, some of whom include Ankur Warikoo, Rachana Ranade, and Shreyaa Kapoor. The Securities and Exchange Board of India (SEBI) has been trying to regulate financiers. It already took action against several influencers for giving Dubiois advice via social media platforms. It also put restrictions on brokers as well as mutual funds from using the services of unregistered finfluencers.