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Indian Angel Network

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Indian Angel Network
AbbreviationIAN
FounderSaurabh Srivastava,[1] Padmaja Ruparel,[1] Raman Roy[1]
Founded atNew Delhi, India
TypeInvestment Fund
Region
India,[2] United States,[2] United Kingdom,[2] and Israel[2] (planned)
Official language
English
Websitehttps://www.indianangelnetwork.com/

Indian Angel Network (IAN) is a group of primarily Indian angel investors funding early-stage startups. The group had 450 members from 11 countries in 2017. The members include Ajai Chowdhry, Rajan Anandan, and Anand Ladsairya.[3] The group has invested in companies, such as PregBuddy[4] and SuperProfs.[5] In 2018, one of its founder Padmaja Ruparel was ranked amongst Fortune (magazine)'s list of The Most Powerful Women in India.[6] On Nov.8th 2020, Indian Angel Network (IAN) announced the joint with Bangladesh Angels Network (BAN). The aim is to work together to source, cross-refer, and promote linkages in technology-enabled startups in India and Bangladesh to create an enabling environment for venture investing in both ecosystems. [7]


References

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  1. ^ a b c Narasimhan, T. E. (27 April 2017). "Indian Angel Network announces maiden fund of Rs 350 cr". Business Standard India. Retrieved 1 May 2018.
  2. ^ a b c d Dhanjal, Swaraj Singh (7 June 2017). "Indian Angel Network to bank on overseas investors for final close of early-stage fund". Mint. Retrieved 1 May 2018.
  3. ^ N, Sushma U. "The pioneers of Indian angel investing are now getting into the venture capital game". Quartz. Retrieved 1 May 2018.
  4. ^ "Indian Angel Network, others invest in healthcare startup PregBuddy". VCCircle. 16 April 2018. Retrieved 1 May 2018.
  5. ^ Goenka, Pratibha (11 July 2017). "8 Angel Investment Networks in India catering to the growth of young startups". The Hacker Street. Retrieved 1 May 2018.
  6. ^ "MOST POWERFUL WOMEN". www.fortuneindia.com. Retrieved 16 September 2020.
  7. ^ Bhatla, Prabhjeet (9 November 2020). "Indian Angel Network Joins Hands With Bangladesh Angels Network". Entrepreneur. Retrieved 14 November 2020.