The program aims to partner with like-minded networks and funds to facilitate faster access to capital for growth ramp up.
Mumbai Angels Network, a premium platform for early-stage investments, has onboarded Tech Innovations, a leading FinTech company that invests in emerging tech-led startups, as their latest partner for ‘The Co-Investment Program’. With this program, both Mumbai Angels Network & Tech Innovations will jointly invest in select, high-potential startups across FinTech, HealthTech, AgriTech & EdTech. The program aims to partner with like-minded networks and funds to facilitate faster access to capital for growth ramp up.
Speaking on the latest development, Nandini Mansinghka, Co-Founder & CEO – Mumbai Angels Network said, “Our Co-Investment Program is designed to identify high-potential startups and nurture them. Tech Innovations has over a decade of experience backing some of the best tech-driven startups thus making them a natural choice to onboard as our partners. We believe that their extensive knowledge will help us select a promising league of startups and we look forward to working with them, to enable the future of tech-led innovation.”
“We are enthusiastic about our partnership with Mumbai Angels Network, which is on a mission to further fuel India’s growing startup ecosystem. The Co-investment program will enable us to combine our knowledge, best practices, network, experience, and capital. Our collaboration will also allow us to identify and nurture futuristic innovations made in India but are global by scale. Together, we believe that we can enable the exponential acceleration of such portfolio companies and unlock multiple synergies across sectors and value chains,” added Mr. Mahesh Ramachandran, CEO and Managing Director of Tech Innovations.
The lead management team at Tech Innovations includes seasoned VCs and successful entrepreneurs with multiple million-dollar exits and they are keen to foster companies that bring disruptive innovations in India by investing in and mentoring them through a publicly listed vehicle.
Source: Business World
