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Rejoicehub LLP, a prominent offshore IT outsourcing firm, was established in 2019 and has been making remarkable strides in the IT sector.Our dedicated team of over 100 professionals is our greatest asset. Our unwavering commitment to excellence has made us a highly sought-after company globally. We prioritize understanding our clients perspectives to enhance their product development process. Our adept professionals are capable of providing top-notch solutions. We promise our clients to bring their unique ideas to the market in a more user-friendly manner. Punctuality is a cornerstone of our work philosophy, and we prioritize delivering exceptional quality.

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NAACP launches $200 million fund of funds

Date October 26, 2024

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The NAACP announced today NAACP Capital, a $200 million fund of funds to back fund managers focused on issues that impact people of color. 

The fund was conceived in partnership with Kapor Capital and Kapor Center, along with nine other venture fund managers. Last year, Crunchbase found that Black founders raised less than 1% of all venture capital funds and that the group has raised 0.3% in the first half of this year. 

A fund of funds is when an investor invests in multiple venture funds, rather than making individual investments in funds, or even in startups. It’s a popular way for an influential investor to put their money to the broadest possible use. Kapor is a VC firm that has always been focused on racial justice investing. But other big names have used a similar approach. Melinda Gates’ Pivotal Ventures, for instance, invests in women-led funds, as well as directly in startups.

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