Tag: Indian Angel Network

Industry, investor bodies unite to seek removal of draconian angel tax

Angel investor networks and startup industry bodies have come together to form a unified startup coalition, seeking the removal of the “angel tax” through recommendations to the Department of Industrial Policy and Promotion (DIPP). There is a growing concern after the income tax depar…

Startup India’s flaws are beginning to tell

Around this time last year, the Narendra Modi government launched the Startup India, Stand Up India campaign. It announced a slew of measures—simplifying regulations, offering some handholding, a few tax breaks, and a fund-of-funds—to rev up the start-up engine and enable entrepreneurship, techno…

Indian Angel Network to fund free legal aid start-up Lawrato

Indian Angel Network has invested an undisclosed amount in Lawrato.com, a portal that connects lawyers to potential customers, the latter said in a statement on November 16. Alok Mittal, Co-Founder, Indian Angel Network, led the pre-series A round in the company, which will see V.P. Rajesh and Sr…