Mumbai Angels Network and SucCEED join hands to co-invest in early age startups
The Mumbai Angels Network and SucCEED have recently joined hands to plan a co-investment program for high-potential early age startups. This partnership looks to combine the expertise and capital from both platforms and reduce the time taken by founders to close the fund raising process and nurture the country’s startup ecosystem in general.
The startups selected for the program will be recipient to several benefits, including being a part of Mumbai Angels Network and SucSEED’s outreach for their investment conversations with Marquee VCs, Strategics, and Family Offices, as well as being included in Mumbai Angels Network’s Multiplier Program. Depending on performance, selected startups will also have the opportunity to raise their next round of funding on a Mumbai Angels Network platform and with the SucSEED Innovation Fund.
Co-founder and CEO of Mumbai Angels Network, Nandini Mansinghka stated, ‘We are excited to launch the Co-investment Program that aims to partner with like minded networks and funds to drastically reduce the amount taken by founders to raise their initial rounds of capital and increase the velocity of their growth using the combined might of the partners.”
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