Indian Angel Network is a well known name in the field of angel investment of India, since it was the first such organization in the country. The organization comprises the leading names from diverse industries who have established themselves as the prominent figures of their line of work. They have joined hands to provide financial assistance and guidance to the individuals who are starting small business. The grants are awarded in huge sums, which can go up to US$ 1 million, depending upon the feasibility of the individual’s business plan.
This leader of business angels of India provides the funds and advises to budding entrepreneurs who are looking to set up their company in the following lines of work:
• Agriculture/food processing
• Banking & financial services
• Biotech, pharmaceutical & life sciences
• Clean technologies and water
• Education
• Healthcare
• High-end BPO/KPO
• Internet
• IT products & services
• Media, entertainment and mobile VAS
• Retail
• Telecom & associated fields
• Travel, tourism & hospitality
The grants are awarded by the experts of this organization after careful assessment of the business plan submitted by the applicants. The experts of the particular domain consider the factors that distinguish the plan, its prospects and problems that it will face in the future, after Starting Small Business.
Upon receiving the approval of the requisite authorities of this Early Stage Investor, the individuals are allotted the funds. But more valuable are the tips, advises, guidance and contacts offered by the experts associated with the firm. These tremendously help in the growth of the firm and propel its success to immeasurable heights. After a pre-determined period of 3-5 years, the firm exits the firm and dissociates itself via IPO, M&A or strategic sale, whichever seems best.
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