India, April 29 -- The Young Entrepreneurs Association (YEA) and Magnifiq Capital Trust partnered with Dr A Velumani to invest upto Rs 50 crore in Indian startups, handpicked and mentored by the latter.

Dr Velumani, creator of Thyrocare, as jury and investor in StartUp Tamizha, brings his vast experience and expertise as he plans to select, invest and guide the young companies with a potential to scale.

The announcement was made at YEA'S Annual General Meeting held on April 27thin Hyderabad, and reflects the organisation's ongoing effort to drive advancements in the startup ecosystem.

Seed-stage companies innovating in these fields are encouraged to apply. The application process involves a detailed proposal submission, where the appli...