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  • Inc.

    Show Her the Money

    Oct 23, 2019 4 minutes
    —As told to Christine Lagorio-Chafkin,
    PHOTOGRAPH BY JEFF BROWN

    When Anu Duggal returned to New York City eight years ago from India, the two-time founder and angel investor was shocked at how little venture capital was going to female-founded companies in the U.S. Duggal set out to bridge the gap by creating the Female Founders Fund. At first, the going wasn’t easy; Duggal estimates it took her more than 700 meetings to assemble a $5.85 million early-stage investment fund—but she has since raised $27 million for her second fund. F3, as it’s known, has invested in everything from highly valued consumer brands like wedding site Zola to upstarts like Tala, a mobile-based personal lending platform for the developing world

    Mentee Rhian Horgan

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