Uber founder Travis Kalanick's new investment fund to focus on India

As the CEO of Uber, Kalanick had visited India just once in December 2016, during which he interacted with Prime Minister Narendra Modi

Travis Kalanick, co-founder and former CEO of Uber, has launched a new venture fund called 10100 (ten-one-hundred) through which he will focus on promoting large scale employment by investing in tech in India and China.

Kalanick announced the move through a Twitter post earlier today saying that the fund will be home to his “passions, investments, ideas and big bets”. He added that 10100 will oversee his investments in both for-profit as well as non-profit sectors.

“The overarching theme will be able large-scale job creation, with investments in real estate, e-commerce and emerging innovations in China and India. Our non-profit