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Assignment No.

Aim: Compile the information from financial agencies that will help you
setup your buisness enterprise.

➢ What Is an Angel Investor?


• An angel investor provides initial seed money for startup businesses,
usually in exchange for ownership equity in the company.
• The angel investor may be involved in a series of projects on a purely
professional basis or may be found among an entrepreneur's family
and friends. The investor's involvement may be a one-time infusion
of seed money or an ongoing injection of cash to get a product to
market.
• Angel investors aren't usually in the loan business. They're putting
money into an idea they like, with the expectation of a reward only if
and when the business takes off.
Why Look for an Angel?
An entrepreneur may seek an angel investor over more conventional
financing. The terms tend to be more favorable and, in fact, the angel
investor doesn't expect to get the money back unless the idea succeeds.
They often seek an equity stake and a seat on the board.
Angel investors focus on helping startups take their first steps rather than
getting a favorable return on a loan.
Angel investors have also been called informal investors, angel funders,
private investors, seed investors, or business angels. They seek prospects
through online crowdfunding platforms or join networks that pool capital
for greater impact.

AngelList India
The Silicon Valley-based investors’ network entered India in 2018.
Founded by Naval Ravikant, the network claims to have backed 500-plus
Indian startups. It last participated in STAGE’s $4.8 Mn funding round in
November 2022.
On the occasion of the launch, AngelList India stated that maintaining a
high benchmark of inviting investors that have considerable prior
investment experience and domain expertise is one of its objectives.
BharatPe, Dealshare, Jupiter Money, Teach Mint, Plum, Blue Tokai Coffee
Roasters are some of the prominent startups in AngelList India’s portfolio.

Calcutta Angels
Established in 2013 by Kumar Patodia, Pradyumna Dalmia and Raghav
Kanoria, Calcutta Angels network has a portfolio of 17 startups. Their
investments are stage and sector agnostic.
Some of the notable startups that the network has backed include
MCaffeine, LetsMD, Tabsquare, etc.
In 2018, it joined hands with Mumbai Angels to work together as a single
unit. This partnership was aimed at offering investing best practices,
learning sessions, active portfolio management, etc.

Chandigarh Angels Network


With over 70 investors on board, Chandigarh Angels Network (CAN) was
founded in 2015 by Alok Ramsisaria. The network claims that its portfolio
startups have created over 1,500 jobs.
To date, the network has made 28 investments, out of which it has led
eight and exited three. Its portfolio members hail from different industries
such as F&B, education, fintech, consumer internet, social services, retail,
etc.
CAN members have backed startups like Biryani By Kilo, Pick My Work,
goSTOPS, TSaw Drones, Heal At Home, and many more.
With ecosystem partners like JITO Incubation and Innovation Foundation,
HSBC, Global Business Angels Network, Headstart, and IIT Mandi
Catalyst, CAN offers mentorship to the budding entrepreneurs besides
funding.

Dexter Angels
Dexter Angels, founded in 2019 by Devendra Agrawal, is on a mission to
provide vital financial support to early stage startups. Notably, the network
maintains an open-minded approach when it comes to the sectors it
supports.
Dexter Angels actively invests in a diverse range of startup sectors,
including health tech, edtech, deeptech, consumer brands, and many
others. Its primary focus areas include startups involved in SME
digitisation, edtech, initiatives aimed at enhancing healthcare affordability,
fostering financial and technological inclusion, developing consumer
brands for the discerning Indian market, and nurturing Indian SAAS
startups.
Among the notable startups in their portfolio are TagZ, Flatheads,
HealthySure, and Hair Originals.
Dexter Angels boasts a network of over 35 investors, many of whom are
founders or seasoned industry experts. Since its inception, the network has
backed 13 startups.

Indian Angel Network


Formed in 2006 by Alok Mittal and Padmaja Ruparel, Indian Angel
Network (IAN) has made 198 investments, led 98 rounds, and made 14
exits.
IAN is a SEBI-registered early stage fund with more than 470 investors
from around 11 countries.
IAN claims that it provides constant access to high quality mentoring, vast
networks and inputs on strategy as well as execution. The members of the
network look forward to investing in startups from several industries such
as agriculture, ecommerce, education, hospitality, internet, gaming, retail,
and semiconductor, among others.

JITO Angel Network


Jito Angel Network is a part of Jito Incubation and Innovation Foundation
(JIIF). The network was set up in 2017. It derives its name from Jain
International Trade Organisation.
Headquartered in Mumbai, JITO was founded by Siddharth Jain. The
network has over 450 investors. Since its inception, the angel network has
made a total of 76 investments, with 46 of them being led by the network
itself. The cumulative investment made by the network so far exceeds INR
147 Cr.
Some of its portfolio startups are BluSmart Mobility, Magenta Mobility,
Chalo, Comofi Medtech, Bodhi AI, and Chargegrid, among others.
JITO aims to create an innovation driven entrepreneurial ecosystem for
socio-economic development and building great companies.

Lead Angels
Formed by Sushanto Mitra in 2013, the network has completed a decade in
India. It works with 400 angel investors from diverse backgrounds from
India and overseas. The network is registered with SEBI as Category-I
AIF.
To date, it has made 80 investments and led 19 rounds. Lead Angel counts
Supr Daily, Planet SuperHeroes, and Belita as its most notable exits.
Its member investor base comprises seasoned entrepreneurs, professionals,
and industry veterans. Other than India, Lead Angels has its footprints
across the Middle East, Europe and North America.
The network has backed startups like Shopkirana, Supr Daily, Godesi,
Ockypocky, PlanetSpark, SkyeAir, Dhruva Space, etc.
Other than investments, the network also supports startups with
compliance and governance requirements of these companies through its
vertical, Lead Advisory.

LetsVenture
Established in 2013 by Shanti Mohan and Sanjay Jha, the network claims
to have made over 950 investments with a portfolio value of over $11 Bn.
LetsVenture has 19,530 investors in the network.
Last year, the Indian Ministry of Electronics and Information Technology
(MeitY) collaborated with LetsVenture to invest in early-stage startups. It
was announced that LetsVenture Foundation, under the government’s
startup accelerator programme, SAMRIDH, would invest up to $100K in
eight startups in the first phase of the partnership deal.
Some of the notable startups in its portfolio include Airmeet, CityMall,
BharatX, Dukaan, Agnikul, Absolute Foods, Trell, inFeedo, Yulu Bikes,
Vernacular.ai, etc.

Mumbai Angels Network


With 750-plus investors, Mumbai Angels Network (MAN) claims to have
made more than 200 successful investments. The network has made 100-
plus exits.
Founded in 2006 by Prashant Choksey and Praveen Chakravarty, MAN’s
investors across 10 countries have INR 400 Cr in Indian startups.
According to data shared by the network on its website, startups that
belong to technology, marketplace and life sciences make for 14%, 10%
and 8%, respectively, of its portofolio.
It has invested in startups such as Canvera, Purplle, Avishkaar, BluSmart,
Myntra, Snackible, NewsBytes, etc.

According to the network’s official website, it aims to explore synergy


with its investors coming from diverse backgrounds and industries.

The Chennai Angels


Founded by Ramaraj R in 2007, the Chennai Angels (TCA) focusses on
agritech & sustainability, EVs, deep science and technology, healthtech,
fintech, D2C, and Web 3.0. To date, the network claims to have backed
over 80 startups across India.
The network has backed Chai Kings, BatteryPool, Samaaro, Finance
Buddha, goSTOPS, Freed, and many other startups. TCA has received
successful exits from startups Purplle, TrulyMadly, CloudCherry, PopXO,
and Online Prasad.
The angel network has a base of 120-plus individual, institutional and
corporate angel investors. The members of this network hail from different
industries.
It has also partnered with other angel networks in India, some of which are
Indian Angel Network, Chandigarh Angels Network, LetsVenture, Venture
Catalysts, etc.

Venture Catalysts
Founded in 2016 by Anil Jain, Anuj Golecha, Apoorva Ranjan Sharma,
and Gaurav Jain, Venture Catalysts has investments in 176 startups, with a
combined value exceeding $3 Bn.
It made its latest investment when BASIC Home Loan raised $4.7 Mn in a
pre-Series B round led by stock market investor Ashish Kacholia.
Its portfolio includes names like AgriGator, Airmeet, Ai Highway, Beardo,
BharatPe, Betel Leaf, Brew House, BluSmart Mobility, Clout Loot, and
Desi Farms, etc.

We Founder Circle
We Founder Circle (WFC) claims to have a base of more than 9,000
investors. Founded in 2020 by Neeraj Tyagi, Gaurav VK Singhvi, Bhawna
Bhatnagar, Vikas Aggarwal and Saurabh Deo; it has participated in over
100 investment deals. The network’s objective is to offer multi-domain
expertise to startup founders through a diversified network of
distinguished investors.
Other than India, the network has footprints in the US, the UK, Singapore,
Australia, Germany and Switzerland.
In March this year, the angel network announced the launch of its startup
marketplace Invstt.com for easing out portfolio management, angel
investing and networking.
Some of the notable startups from its portfolio are Stylework, Vidyakul,
Settle, Blusmart Mobility, Microfinance.ai, etc.

Yatra Angel Network


Yatra Angel Network (YAN) was founded in 2020 with the primary
objective of nurturing fintech startups in India. It primarily focusses on
early stage companies and actively participates in pre-seed to pre-Series A
funding rounds.
Based in Mumbai, YAN holds the distinction of being India’s first early
stage fintech-focussed SEBI-registered CAT 1 alternative investment fund.
Its core mission is to encourage its investors to support fintech startups
dedicated to solving challenges through technologies such as AI, ML, and
data analytics.
YAN asserts that its investors not only provide financial backing but also
offer invaluable subject matter expertise, extensive networks, mentorship,
and potential connections to customers, partners, and vendors.
It is worth noting that all of YAN’s investors boast a minimum of 15+
years of experience and possess well-established networks within the
financial services sector.
The network’s portfolio value currently stands at approximately $300 Mn.
Notable startups in its portfolio include PayGlocal, M2P, One Card,
Riskovry, and ShopSe, among others.
Last year, YAN launched an INR 90 Cr early stage fintech-focused
Alternative Investment Fund (AIF). The network said that it would allocate
the funds across 25-30 early stage fintech startups.

Teachers Signature............................

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