India’s largest business angels group Indian Angel Network is gearing up to become the single largest platform for seed and early-stage investing, having after introduced the Rs 350 crore global fund in April 2017, said Indian Angel Network (IAN)’s recently appointed Managing Partner (maiden fund…
Tag: IRR
Micromax to set up $100 mn fund to invest in start-ups
New Delhi: Micromax is setting up an independent fund which will raise upto $100 million (Rs 680 crore), aimed at investing in consumer Internet companies across the world that have relevance to the Indian market. The fund, in which the leading home-bred handset maker will be the anchor investor,…