Kae Capital And YourNest Angel Fund Join VentureNursery
Mumbai: VentureNursery, India’s first angel-backed start up accelerator program has announced that two of India’s premiere early stage venture funds – Kae Capital and Your Nest angel funds, based in Mumbai and Delhi respectively have joined its charter angel program.
The Charter Angels program is an anchor element of VentureNursery’s value proposition and is meant to give a platform to graduating start-ups to pitch for on-going mentoring and seed funding by seasoned and active angel investors.
VentureNursery has received an enthusiastic response from over 120 entrepreneurs for both its acceleration programs – the 90-day boot camp and the ParallelTrack process. It also recently announced that twelve seasoned angel investors have joined it as Charter Angels.
Based on its belief that the angel ecosystem must focus primarily on maximizing the success potential of start-ups, VentureNursery undertakes an intensive and immersive coaching and mentoring role in the chosen start-ups and helps each with end-to-end infrastructural and learning support. VentureNursery also conducts two camps in a year lasting 13 weeks and successfully graduating start-ups will be evaluated for investment by a group of committed angel investors. It focuses on six sectors like Media and Entertainment, Retail, E-commerce, Consumer technology, Education and CleanTech.