IIM-A and BITS Pilani graduates Abhishek Sethi and Prateek Behera have launched gradCapital, a $1 million fund, to support and invest in startups founded by college students. A press note shared by the fund said it will invest $25,000 in 20 startups in a year. Bengaluru-based gradCapital said it has opened the application process for its first cohort of startups.