Massive Investment Boost for Telangana: Walsh Karra Holdings Pledges Rs. 881 Crores

Huge Investments in Wee Hub

Empowering Women Entrepreneurs: V Hub to Receive Rs. 42 Crore from Walsh Karra Holdings

Walls Karra Holdings Agreement for Rs. 42 Crore Investment

Another Rs. 839 Crore Investment in Startups Over the Next Five Years

USA , August05, 2024 — Walsh Karra Holdings of America has announced a significant investment in Telangana. The company has entered into an agreement with the state government to invest Rs. 42 crores (approximately 5 million dollars) in V Hub over the next five years. In addition, they have committed to investing around Rs. 839 crores (approximately 100 million dollars) in startups in Telangana over the same period.

The Memorandum of Understanding (MoU) was signed by Fani Karra and Greg Walsh of Walsh Karra Holdings, along with Sita Pallacholla, CEO of We Hub. The signing took place in the presence of Telangana Chief Minister A. Revanth Reddy and IT and Industries Minister Shridhar Babu, who is currently visiting the US to attract investments to Telangana.

Walsh congratulated the Karra representatives on this occasion. Chief Minister Revanth Reddy remarked that the enterprising spirit of Telangana’s entrepreneurs is demonstrating the state’s potential. He emphasized that empowering women in the industrial sector is crucial to eliminating societal inequalities, stating, “No society can achieve its potential if women are not empowered.”

Walsh Karra Holdings operates out of America and Singapore, managed by investors Greg Walsh and Fani Karra in collaboration with aspiring entrepreneurs. The company’s mission is to foster the investment opportunities necessary to create a sustainable economy for the next century, supporting innovation, sustainability, and profitability.

On the occasion of the agreement with We Hub, Greg Walsh stated that this agreement marks another step forward. He announced that, in addition to investments, the company will engage in various activities with the government in both urban and rural Telangana to build a trusted partnership.

Fani Karra, who started her career at Osmania University, expressed her gratitude, stating that this opportunity allows her to give back to her country and state. She is optimistic that their investments and the partnership with We Hub will have a positive impact.

Seetha Pallacholla, CEO of We Hub, highlighted that these investments will be utilized to create flagship programs of international standards for women entrepreneurs.