Hyderabad Angels to invest Rs. 15 cr in 12 start-ups
Posted on:30 May 2016 14:54:07
30 May 2016 Current Affairs GK: Hyderabad based a group of seasonal investors, Hyderabad Angels has committed to invest rs. 15 crore in 12 start ups in the current financial year. With this the investors has added 12 more start ups to its current portfolio of 20 companies and 50 investors to its existing base of 100 angels.
The current pool of investors in Hyderabad include a mix of entrepreneurs, professionals and the next generation from the world of jewelry and real-estate. The company is one of the most active and fastest growing angel networks in India.
Hyderabad Angels (HA) : Hyderabad Angels (HA) is a group of seasoned angel investors who are keen to invest in promising start-ups and early stage companies to create tangible as well as intangible value. Established in early 2012, HA investors are leading venture capitalists, entrepreneurs and business leaders, who, with their financial and business acumen, are committed to providing support to the rapidly growing Indian start-up ecosystem. Besides providing the much needed capital, we provide businesses with distinctive mentoring, access to our network and handholding the company through its entire lifecycle from fund raising with great focus on strategy and execution. Although based out of Hyderabad, we source investment opportunities from all over India and work closely with other Angel Networks, early stage VCs, Accelerators and Incubators.
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