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Bitten by the startup bug, PeeCee turns investor

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Actor Priyanka Chopra has turned into a startup investor with a tech start-up Holberton School, a coding education company, as well as dating and social media app Bumble, in her portfolio. This is also an effort on her part to help change the tech industry’s gender disparity.

“A new chapter for me! I am so excited to partner with Bumble and Holberton School as an investor. I’m honoured to join two companies that strive to expand gender diversity in the tech space, and make a social impact for the greater good… let’s do this,” Priyanka tweeted on Thursday.

The school is her first portfolio company and actress’ investment is a part of a $8.2 million round of funding for Holberton that closed in April. It uses projects and group learning instead of more traditional courses, to teach software development, according to The New York Times.

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She will join the company’s board of advisers, and will emphasise support for Holberton’s mission to educate people from underprivileged backgrounds.

Her second investment is in Bumble, a dating and social media app founded by Whitney Wolfe Herd. She plans to help promote Bumble’s launch in India in the coming months.

Her investments will skew heavily toward companies with an element of social impact, and companies founded by women. “I don’t want to just be one of those people who’s like, ‘Yeah, I want to be on the tech bandwagon – how are they making so much money?’ It’s not about that,” said Priyanka, who is engaged to American singer Nick Jonas, has been squeezing in meetings with start-up founders and lined up future investments in between her hectic schedules.

Priyanka was introduced to tech investing by her manager Anjula Acharia, a founder and angel investor who spent time as an entrepreneur-in-residence and partner at Trinity Ventures, a Silicon Valley venture capital firm. The two have worked together since 2010.

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