VentureNursery

Sadeesh Raghavan, Amit Patni sign up with VentureNursery

Mumbai-based startup accelerator VentureNursery has signed up 12 angel investors for its charter angels programme, who will provide mentoring support to the startups that participate in the accelerator’s upcoming 13-week bootcamp. The startups will also have an opportunity to pitch for funding to these charter angels when they graduate from the bootcamp. The 12 angels who have signed up include…

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Has Mr Mukherjee set the stage for a Angel Capital Association in India?

Startups may no longer have to worry about paying income tax on capital raised from angel investors. On Monday, amending an earlier proposal from March’s Union Budget, finance minister Pranab Mukherjee proposed to exempt capital raised by startups as angel investment from the purview of income tax. This, however, will be subject to a pre-condition. Only capital raised from notified…

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Meena and Krishnan Ganesh want to fund 100 startups. Will one of them be yours?

Every alternate weekend, Meena Ganesh spends a couple of hours with newbie entrepreneurs who need help turning ideas into executable business plans. Ganesh, who sold TutorVista, her second company, last January, often plays the devil’s advocate at these sessions. Sometimes she works entrepreneurs through the challenges their ideas may face in a real-time market scenario. At others, it may come…

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Sadeesh Raghavan on angel funding BoP startups

Sadeesh Raghavan has been investing in Indian startups as an angel investor for about four years through the Delhi-based Indian Angel Network. His most recent deal was a seed round in WebEngage (earlier known as WebKlipper), which offers online feedback and survey tools to websites. Prior to becoming an angel investor, Raghavan, led Accenture India’s domestic business as managing director…

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Canaan Partners’ Angel Initiative

How much does an average Indian startup need to get started up? Mukul Singhal, associate at Canaan Partners, reckons anywhere between Rs 20 lakh and Rs 50 lakh. Small change for most venture capitalists, except that most venture capitalists don’t invest such small change. This is angel investor territory. And there is a big untapped base of angel investors in…

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