Angel Investors Focused on Indian Startup Companies

Angel investors, who until now focused on technology startup companies in India, have started including many young companies from diverse sectors into their wings. Since the tide of entrepreneurship has increased in different parts of India, investors’ networks started backing different companies delivering clear technology, food, healthcare and educational solutions. 

In some of the biggest angel networks of India, like newly established Chennai Angels and Indian Angel Network, investments made in various types of non-technological companies have increased in a well manner to more than one-third of entire deal. After this, Mumbai Angels, known as the second-biggest network for angel investors within the country has poised itself to form its initial investment within the non-technological organization. Majority of entrepreneur companies have perceived that the new investors associated with non-tech business joining to the network will bring a big shift and drastic improvements in different areas within India. 

According to the comments given by Padmaja Ruparel, known as the Indian Angel Network President, “Formation of non-technical investors’ network is just the tip of the iceberg; non-tech companies will be the core focus for many investors going forward. Two years ago, we used to see only IT and technology companies in the startup space, now we have quick service restaurants, medical devices, manufacturing and agriculture.” Read in detail from here. 

About Indian Angel Network

In the year 2006, qualified professionals have established Indian Angel Network or Angel Investors with a unique concept to bring together many successful CEOs and entrepreneurs from different cities of India. Until now, the network has successfully looked into different networks. These include call centers and call center software providers, IT products and/or services, media, telecom, mobile VAS, healthcare and education sectors. Specifically, the network entertains startup investors and initial stage ventures possessing huge potential to design some disproportionate values.