CHICAGO, ILLINOIS - MAY 25: Anip Patel, CEO and founder of CaPatel Investments attends the CaPatel Investments Launch Party at Grapes Anip Patel, founder of CaPatel Investment Firm
CHICAGO, ILLINOIS – MAY 25: Anip Patel, CEO and founder of CaPatel Investments attends the CaPatel Investments Launch Party at Grapes Anip Patel, founder of CaPatel Investment Firm
CHICAGO, ILLINOIS – MAY 25: Anip Patel, CEO and founder of CaPatel Investments and Fashion Designer Linisha Basu attend the CaPatel Investments Launch Party at Grapes & Grains on May 25, 2022 in Chicago, Illinois. (Photo by Daniel Boczarski/Getty Images for CaPatel Investments )
CHICAGO, ILLINOIS – MAY 25: Dipesh Patel attends the CaPatel Investments Launch Party at Grapes & Grains on May 25, 2022 in Chicago, Illinois. (Photo by Daniel Boczarski/Getty Images for CaPatel Investments )
CHICAGO, ILLINOIS – MAY 25: Jyoti Chand (Mama Jotes) attends the CaPatel Investments Launch Party at Grapes & Grains on May 25, 2022 in Chicago, Illinois. (Photo by Daniel Boczarski/Getty Images for CaPatel Investments )
CHICAGO, ILLINOIS – MAY 25: Raj Patel COO of Medstar Labs and Ronak Patel attend the CaPatel Investments Launch Party at Grapes & Grains on May 25, 2022 in Chicago, Illinois. (Photo by Daniel Boczarski/Getty Images for CaPatel Investments )
CHICAGO, ILLINOIS – MAY 25: Ratna Soni and Ruma Patel, Co-Founder of UrSafe attend the CaPatel Investments Launch Party at Grapes & Grains on May 25, 2022 in Chicago, Illinois. (Photo by Daniel Boczarski/Getty Images for CaPatel Investments )
CHICAGO, ILLINOIS – MAY 25: : (L-R) Rupa Vora, founder of Studio East6, Ashish Soni CEO of Jas Daimonds, and Shefali Shah attend the CaPatel Investments Launch Party at Grapes & Grains on May 25, 2022 in Chicago, Illinois. (Photo by Daniel Boczarski/Getty Images for CaPatel Investments )
CHICAGO, ILLINOIS – MAY 25: Guests attend the CaPatel Investments Launch Party at Grapes & Grains on May 25, 2022 in Chicago, Illinois. (Photo by Daniel Boczarski/Getty Images for CaPatel Investments )
CHICAGO, ILLINOIS – MAY 25: (L-R) Jigar Patel, Mixu Patel, Anip Patel, Brijesh Patel attend the CaPatel Investments Launch Party at Grapes & Grains on May 25, 2022 in Chicago, Illinois. (Photo by Daniel Boczarski/Getty Images for CaPatel Investments )
CHICAGO, ILLINOIS – MAY 25: (L-R) Suhani Amin, Sonali Patel Founder of Fino Tequilla, Nick Patel CEO of La Tan, and Sony Jacob
attend the CaPatel Investments Launch Party at Grapes & Grains on May 25, 2022 in Chicago, Illinois. (Photo by Daniel Boczarski/Getty Images for CaPatel Investments )
CHICAGO, ILLINOIS – MAY 25: Guests attend the CaPatel Investments Launch Party at Grapes & Grains on May 25, 2022 in Chicago, Illinois. (Photo by Daniel Boczarski/Getty Images for CaPatel Investments )
HI INDIA NEWS DESK
CHICAGO, IL- One of the first South Asian founded investment firms in Chicago — CaPatel was recently launched. Founded by Anip Patel, a celebration ceremony was held to mark the opening at Grapes & Grains. The guest list included many prominent faces from the community.
CaPatel Investments, an early-stage investment firm, focuses on investing predominantly in companies that promote South Asian values. Founder Anip Patel says, “Many South Asian start-ups lack access to funding.” He also pointed out a stark truth — minority CEOs often find themselves facing discrimination, which negatively affects their businesses.
“With CaPatel Investments,” he says, “we plan to use our initial fund for two initiatives: a grant program for a company to get them on their feet, and investment opportunities for South Asian founded start-ups.”
The grant program allows up to $10,000 worth of funding for new companies to kick start their venture. Following the grant program, the investment opportunities allow companies to receive funding from $50,000-$500,000. Thus giving those with a vision a fair chance to realise their dreams.
