FEBRUARY, 20249Gradually this network has expanded quite well and having 350 members. Mumbai Angels has an exclusive learning community called the MA Academy, where founders can get multiple learning opportunities from industry experts at a discounted price. In 2021 they invested in 56 companies and the network is driven by process and algorithm. Their most recent investment was on edtech company, Spardha, which raised Rs.80 million.Chennai Angels: Nurturing Passion, Mentoring Success· Founder: Ramaraj R.· Inception: 2007· Investments(As of 2022): 64· Key Persons: Gopal Srinivasan, Lakshmi Narayanan, and Ramaraj R· Notable Investments:The Indus Valley, Bumberry, D'Moksha Homes, MangoPoint, The Postbox, and Truly MadlyThis organization was formerly known as the Chennai Entrepreneurship Trust Fund. It is one of the leading angel networks across southern India with more than 350 members. The Chennai Angels have made 64 investments. Their most recent investment was on May 5, 2022, when FREED raised Rs.210 million. The organization is not only investing on new inspiring ideas of the young entrepreneurs, but they are nurturing & mentoring them to foster the objective of entrepreneurship. A group of successful leaders, who have successfully built, run and in many cases exited enterprises across multiple domains and industries and help entrepreneurs build and grow their ventures and enterprises into success stories. The Chennai Angels use their own platform designed to support the activity of Angel Networks. On average, the funding would range between Rs.50 lakh to Rs.3 crore.Chandigarh Angels Network· Founder: Alok Ramsisaria· Inception: 2015· Investments (As of 2022): 25· Key Persons: Sameer Jain and Diksha Khadwalia· Notable investments: Biryani by Kilo, The Gourmet Jar, Jumbo Basket, Paymart India, FREED, & BarneysA community of successful entrepreneurs turned angel investors in India committed to supporting promising startups and help them scale heights with their expertise. They primarily focus on helping startups at seed & growth stage and while doing so they help many startups validate their business model. Their network comprises more than 85 angel investors who have mentored over 250 startups and have funded 8 startups so far. This network has 40 portfolio startups and created 1500+ jobs. Their most recent investment was in FlexifyMe as part of their Seed ­ II, where they have invested $1.2 million. Chandigarh Angels Network provides feedback on the business plans, funding, mentoring, angel business and professional network, and incubator space.Calcutta Angel Network· Founders: Kumar Patodia, Pradyumna Dalmia, Raghav Kanoria, and Rahul Kalyan· Inception: 2013· Investments: 20· Notable Investments:Purple Style Labs, mCaffeine, CoHo, and KettoCalcutta Angel Network is a platform for entrepreneurs and investors to come together and build an environment for guidance and angel investment. It is a leading angel network concentrating on Eastern India. It mainly invests on startups based on West Bengal and Eastern states of India. Mostly they have invested in healthcare, education and crowdfunding. It is the first-of-its-kind structured platform of its kind in Eastern India. Apart from the funding and mentorship, entrepreneurs can foster new connections and benefit from the large angel networks, accelerators and incubators associated with Calcutta Angels. they organize summits and conferences inviting professionals and aspiring risk takers across the country joining hands with other angel networks across the country.The Bengaluru Angels· Founder & CEO: Nirmal Bhardwaj· Inception: 2014· Key Person: Dr. Madhusudan ChakrabortySilicon Valley of India is one of the highest rated spot for startups, and now with the help of angel Group, it is proceeding further in a rocket speed. The Bengaluru Angels is a trusted platform which nurtures the entrepreneurial ecosystem where startups germinate, 9 FEBRUARY, 2024
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