A Uniquely Differentiated Seed & Early-stage Fund
A SEBI registered Rs. 375 crore fund, IAN Fund 1 is the maiden VC Fund of Indian Angel Network. It is a uniquely differentiated seed/early-stage Fund that aims to transform India’s entrepreneurial landscape. The fund invests in innovative companies in sectors including healthcare and medical devices, VR, AI, software as a service, marketplaces, fin-tech, big data, artificial intelligence, and hardware.
Backing Innovative Companies to Plug a Gap
The Fund leverages and builds upon the strengths and success of IAN, the world’s largest angel investor group, to breed and grow innovative companies. The fund has Institutional investors like SIDBI Fund of Funds, India Infoline, Yes Bank, Max Group, Grey Matters Capital, and Hyundai along with retail investors Kris Gopalakrishnan and Kanwal Rekhi.
This is the first in a series of Funds so that over the next 10 years, the IAN Platform would invest Rs 5000 Cr in ~500 companies, making it the single largest platform for early-stage investing, enabling companies to raise from Rs 25 lakhs to Rs. 50 crores on a single platform, providing startups funding through the most challenging stages of its growth. The IAN Fund plays a critical role, not just in plugging the gap in funding, but also in providing strategic mentorship to young entrepreneurs.