Question about Mumbai Angels

beautifulfrog708

Mumbai Angels is a group of investors who are interested in funding early stage companies. The group meets monthly to hear pitches from entrepreneurs, and then decides whether or not to invest.I'm curious about how the group makes its decisions, and what the process is like for entrepreneurs who are seeking funding.

carolyn_fleming

Mumbai Angels works with early-stage companies across multiple sectors and geographies. We invest INR 5-10 million in a company over its lifetime. We take a hands-on, partnering approach with our companies where we work closely with the management teams to help them grow their businesses.

We typically invest in companies that are led by passionate and entrepreneurial teams with innovative products/services and a deep understanding of their target markets. We also look for a reasonable alignment between the promoters and our members in terms of domain expertise, risk appetite and investment horizon.

silverfish

Mumbai Angels (MA) is a not-for-profit organization that aims to foster entrepreneurship in Mumbai. They do this by connecting startups with potential investors, who can provide the seed funding necessary to get a new business off the ground.

MA typically works with startups that are in the early stages of development; that is, they have a working prototype or product, but they lack the funding to bring it to market. In exchange for an equity stake in the company, MA will provide mentorship, resources, and connections to help the startup grow.

MA is an important part of Mumbai's startup ecosystem, and has helped launch many successful businesses in the city. If you're a startup looking for seed funding, Mumbai Angels is definitely worth considering.