IAN FUND: A UNIQUE EARLY STAGE FUND
Over the years, IAN has become a revolution in the angel investment space. The logical next step was to create country’s largest horizontal platform for seed/early stage investments. With a customer & enterprise focus, leveraging India’s technology strengths & growing consumer markets the focus is now to turn around Long term commitment on seed / early stage.
A SEBI registered Rs. 375 crore fund, Indian Angel Networks’s maiden VC Fund is a uniquely differentiated seed/early stage Fund which 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. 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.