Friday, March 31, 2006

Band of Angel Investors launched in India..

India's Band Of Angels Launched; Invests In A Delhi Software Product Startup Knowcross

BoA is now officially launched and has already invested in a venture - Knowcross - a hotel guest management software company in Delhi. If you want to know more about BoA and how they pick companies etc, I have written a four page feature on Band of Angels in the latest issue of Business Today magazine, which is available on stands. Venturewoods.org has given a link to the pdf copy if you are interested in reading the plain sheets. BoA, modeled on the Silicon Valley's Band of Angels, is a growing organisation in Delhi. It's already 20-member strong and has experienced entrepreneurs like Saurabh Srivastava and Mohit Goel of Xansa, Alok Mittal of Baring Private Equity, and Raman Roy (ex-Spectramind) as backers, besides accomplished pros like Arun Kumar of Flextronics Software and Jerry Rao of Mphasis. It's an interesting group to watch

5 Comments:

Anonymous Anonymous said...

Interesting article. I want to run my own business, but I'm a little shy of having enough capital. An angel investor would be great and very beneficial. They aren't just in India, correct? I'd like to buy a business instead of starting one from scratch, but I haven't had any luck looking for the right one. Do you have any suggestions? Thanks.

1:11 PM  
Anonymous Anonymous said...

This comment has been removed by the author.

8:16 AM  
Anonymous Anonymous said...

@Amy -- I've been told that while angel investing is a great way to earn capital, it can get very messy and complicated. I'd believe this since you're answering to a single person instead of a bank with thousands of accounts. Anyway, not to deter you from looking into it, I suggest looking into your local small business groups. They might be able to assist you.

I also recommend checking out BizTrader.com, which is an online global marketplace where you can invest in, buy, and sell a business. You can also find a lender, which makes everything easier because it is a good place to find a business on the Internet. Check it out and good luck!

8:22 AM  
Blogger sandeepmoonka said...

@ Amy
Angel investors are very much present in the US. I think the idea of buying a business is a good one. You can contact any local B-school for such group of investors to begin with.

9:22 PM  
Blogger Anjali Guntuk said...

Interesting and amazing blog glad to visit thanks for sharing.Tata Steel Share Price

12:20 AM  

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